Alikze »» DYM | Descending channel
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🔍 Technical analysis: Descending channel
- It has been moving in a downward channel in the daily time frame, which continued to correct until the green box after the channel broke.
- It is currently located on the roof of the second channel. With the defeat of the region, it can have goals close to 1.56-1.95.
- In addition, if it can be above 1.56, it can touch the ceiling of the previous channel of 2.34.
💎 Alternative scenario: if it faces selling pressure at the top of the channel, it can continue the correction to the bottom of the descending channel in the range of 0.78 by breaking the green box.
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DYMUSDT
- It has been moving in a downward channel in the daily time frame, which continued to correct until the green box after the channel broke.
- It is currently located on the roof of the second channel. With the defeat of the region, it can have goals close to 1.56-1.95.
- In addition, if it can be above 1.56, it can touch the ceiling of the previous channel of 2.34.
💎 Alternative scenario: if it faces selling pressure at the top of the channel, it can continue the correction to the bottom of the descending channel in the range of 0.78 by breaking the green box.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
DYMUSDT Comentarios
According to the predicted movement path, after the break of the middle of the descending channel, it has experienced more than 60% growth up to the channel ceiling. Of course, after hitting the ceiling of the descending channel, it has faced selling pressure again. 
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