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Pythbtc

PYTH medium term is bearishBy 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 position, one must have a trading setup and this is only a medium-term view for PYTH. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Short
by behdark
#PYTH/USDT#PYTH The price is moving in a bearish channel pattern on the 4-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level of 0.4220, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.4380 The first target is 0.5146 The second target is 0.5747 The third target is 0.6550
Long
by CryptoAnalystSignal
PYTH - new ATH, can this coin 20x in 2024?Technical analysis PYTH looks absolutely strong! This coin is listed on all major exchanges and is pretty easy to buy. Why do I think this coin is bullish? We can see that the price is going up after the listing on exchanges, which is a strong sign of interest. It will hit a new all-time high pretty soon, and after that, it can skyrocket. The accumulation phase should be completed, and we are ready for price discovery in 2024. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. About Pyth Network 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. The network comprises some of the world's largest exchanges, market makers, and financial services providers who contribute their own price data for use by smart contracts. Participants in the network include Binance, OKX, Jane Street, Bybit, Cboe Global Markets and more. The Pyth oracle program aggregates their data on-chain to guard against inaccuracies and manipulation. Finally, the protocol allows users to "pull" the latest price onto their blockchain when needed. In less than a year since the launch of the cross-chain pull oracle, the network has secured over SEED_TVCODER77_ETHBTCDATA:1B in total value. The Pyth Network has been used by over 250 applications to secure $100B in trading volume. Integration with Pyth Price Feeds is permissionless. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
14
PYTH buy setupOn the PYTH chart, we have a iCH, we have a bullish view on this symbol to supply.We also have a good support area on the chart The Demand range is the right place to enter a Buy/Long position. Closing a 4H candle below the invalidation level will invalidate our view and invalidate the analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
PYTH LOOKS BEARISHIt has had a lot of liquidity pools in the upper range that has swept everyone away. After hitting the main supply and then the mitigated supply, it seems ready to drop. I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
3
PYTH LOOKS BEARISHIn terms of wave counting, we had a triangle, which is probably the A branch of a larger pattern. After this branch A, we expect to have a branch B of the same size as branch A. Because we expect this branch to be of the same grade as A, so in terms of time, it can be estimated that this branch will last until January 10th. We have a support zone, if it is maintained, the price can run towards the pullback FLIP zone, and if it is lost, we will have a further correction. By January 10th, this view will be violated if the daily candle closes above the red FLIP range For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
3