#PYR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.325
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.390
First target 1.464
Second target 1.529
Third target 1.615
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.325
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 1.390
First target 1.464
Second target 1.529
Third target 1.615
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.