PYTH ~ 3D #PYTH So far the price is maintaining this Support Block. if you have Conviction on this coin,. Maybe now is a good time to make purchases in stages.
By examining the chart data, we found that PYTH has completed a large degree pattern. This pattern is related to wave A. This pattern has lasted for about 250 days. It is expected that wave B is also a pattern of the same degree as wave A. It means about 200-250 days. The supply range is the best range for sell/short positions. Note that in order to take a...
PYTH ~ 1D #PYTH Very confusing Whether to buy or worry. we will give a conclusion. in a bull market all bearish patterns may be easy to validate or fail structurally. Losing this Support Block will make this bearish Pattern real, or if SEED_DONKEYDAN_MARKET_CAP:PYTH manages to defend this Support Block, We will say this bearish Pattern will fail.
Buying zone : $0.32-0.25 🎯 Target 1 - $0.48 🎯 Target 2 - $0.8 🎯 Target 3 - $1.15 🎯 Final target - $1.72
🔍 Technical analysis: Descending channel failure - It has been moving in a downward channel in the 8H time frame and daily. - Currently, with the failure of the channel roof, it is around the supply area and neck line. - Therefore, in case of a negative reaction, it can be broken into the channel with pullback and touch the specified targets by maintaining...
Upon examining the PYTH/USDT daily chart, a comprehensive analysis reveals several technical patterns and indicators that guide my trading decisions. Overview of Current Market Position: The price of PYTH/USDT stands at $0.3482, reflecting a decrease of 1.94% from the previous session. This movement highlights a need for careful assessment of market dynamics and...
🔍 Technical analysis: Descending channel - According to the previous post , after not fixing in the green box, the second scenario was realized. - In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel. - Now after the demand at the bottom of the channel and the green box area, it has broken...
PYTH ~ 1D #PYTH Looks like a Confirmed Double Bottom pattern. Make purchases in stages within this support Block. short term target of at least 15%+
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Now that we have more data on the chart, the PYTH scenario is clearer. It seems to be completing a descending triangle which is now in wave D of this triangle. Wave D appears to be a diametric. From the red box, we expect the price to move towards the green range and then react to the green box. For risk management, please don't forget stop loss and capital...
#PYTH The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward We have a bounce from the green support area at 0.3400 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that is about to break higher and supports the rise Entry price is 0.3500 The...
After a massive sell-off, PYTH is now testing the trendline after a breakour and trading above the daily level, we might get a push down to the Value Area Low, and if that does happen and price reclaims the daily, this is a good sign to continue higher. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts...
Pyth is a solid protocol IMO Accumulating $PYH under $0.50 No leverage HODL
PYTHUSDT is showing a new increase in volume which could be confirmed in the next time frame. we will follow up to see if this coin can confirm
The #PYTH price is probably tamping the bottom after a several-month correction. 🔼 To continue its growth, #PYTHUSDT needs to consolidate above $0.50 ⚠️ The critical level from below is $0.44, Fixing the price of the Pyth Network token below this level will indicate that the correction will continue for some time. _____________________ Did you like our...
The Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities. Anyway, Pyth is still young and few candles are availabel. However, it seems Pyth is moving in an...
💎#PYTHUSDT has impressively surged out of a descending channel and is now testing a crucial juncture where former resistance has become support. The Point of Control (POC) of the VRVP Channel provides crucial support, enhancing the chances of a bullish continuation. 💎If #PythNetwork can successfully hold this retested support at $0.400, we anticipate a powerful...
In the previous analysis presented, it made a correction to the current supply box that was specified. But in the time of 8H, there is a demand after the morning star candle. 💎 Currently, the dynamic trigger has broken and this pullback can be returned to the broken structure and perform an upward cycle to the specified areas. 💎 In the first step, after the...