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...
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...
#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...
#PYTH The price is moving in a downtrend on a 4-hour frame After bouncing from a major support area in green at the $0.5000 level We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI that is about to break higher Entry price is 0.5700 The first target is 0.6700 The second target is 0.7700 The third goal is 0.9000
4h time frame - PYTH is consolidating as a triangle pattern, which could be see as a potential continuation. Before completing structure, PYTH just retested 0.618 Fib Projection and got support. Both signal indicate that PYTH is still on an uptrend way. - TP: 1.58 SL: 0.781
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...
On 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...
First of all, note that this is not a sell/short setup, but a buy/long setup. If the price reaches the green range, we will enter the buy/long position. Closing a 4-hour candle below 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
#PYTH The bearish channel on the 1-hour frame was broken strongly to the upside It is supported by a rebound from the green support area on the chart This support area was adhered to well Entry price is 0.5920 The first target is 0.6000 The second goal is 0.6192 The third goal is 0.6370
It 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...
Pyth looks strong now after the initial airdrop sell off. I think Pyth are preparing for a big move. If we got really lucky (and BTC dump) I think we can find a nice entry at around 0.31. In that case we have potential 68% set up with 4.0 risk/reward ratio. If you think Pyth is the "new Link" - It could also be a good time to DCA into Pyth...we are so early :)
In 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...
First of all, as you know, we don't have much data about this symbol. But after checking I found that it is now in the big B wave which is a diametric. We are now in wave D, which is an ascending wave. It is expected to drop from the red area to the lower areas. This drop will complete wave e of B. For risk management, please don't forget stop loss and capital...