Pythusdtperp
PYTHUSDT 1DPYTH ~ 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.
#PYTH/USDT#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 first target is 0.3970
The second target is 0.4400
The third goal is 0.4855
Pyth Network PYTH price prepares something interestingThe #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.
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#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
PYTH taget $1.45 (perp)4h time frame
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TP: $1.4~$1.53
SL: $0.426
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PYTH follows the Elliott 2nd wave with being sold off since $1.15, but got support from the structural support zone and 0.382 Fibonacci projection, both form a robust bottom at $0.5 so far. If PYTH goes the assumed path, I can say next big pump, made of Elliott 3rd wave, is following and will bring PYTH to make ATH soon. It is hard to estimate critical resistance once PYTH goes over $1.15, so we can use Fibonacci tool to set up the target to profit around $1.4~$1.53, which RRR is over 8.
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Refer to link below if you're interested in my perspective of Bull High of PYTH.
📊#PYTH will rise according to the double bottom structure📈🧠A double bottom structure was constructed in the buy zone. The ideal target zone of this structure has not yet been realized, and the price has returned to the buy zone again, so there is a high probability that we will start to rebound from here.🚀
⚠️Don’t forget risk management💯
✔️Trade safe✔️
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#PYTH/USDT#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
PYTH target $134h time frame
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PYTH has sold off rapidly in the early of April, and saw lows of $0.48. From perspective of TA, PYTH is correcting with the 2nd wave of Elliott impulse wave that is great for accumulation of momentum to build the 3rd wave. $0.48 aforementioned is also the corresponding support zone to the price zone built in Feb. In conclusion, $0.48~$0.58 are a good zone to enter, and target is put on $13 once the bull starts.
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Bull target: $18~$20
PYTH/USDT Long Trading Opportunity!#PYTH/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $0.8536
Take profit 1: $0.9062
Take profit 2: $1.0065
Take profit 3: $1.1408
Stop Loss: $0.7531
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
BINANCE:PYTHUSDT
📊#PYTH may rise according to the smiley face structure📈From a macro-cyclical perspective, we still have unfulfilled bullish goals. After pulling back to near the neckline buying zone, we successfully constructed a smiling bullish structure. We may use this structure as support to start pumping.🚀
Let's see👀
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Pyth/Usdt Breakout And Retest The Pyth/USDT trading pair is currently showing a strong performance as the price bounces back from the Exponential Moving Average (EMA) 25 level. The breakout from the previous resistance has been verified through analysis of the chart data, indicating a potential shift in market sentiment. It seems that the price is undergoing a retesting phase, which usually occurs after a breakout to confirm the validity of the new trend.
Based on the current market conditions, there is an anticipation of a bullish movement with a potential price increase ranging between $30 to $60. This indicates a positive momentum in the market, suggesting that buyers may be stepping in to drive the price higher.
Please be aware that this information is provided for educational purposes only and should not be considered as financial advice. It is strongly advised to perform your own thorough research (DYOR) and analysis before making any investment decisions to ensure they align with your individual financial goals and risk tolerance.
Pyth Time Is Coming The cryptocurrency pair comprising of the Pyth token and Tether (USDT) is currently exhibiting signs that a new All-Time High (ATH) might be on the horizon. The market trend for this pairing appears to be bullish, with buyers demonstrating increasing interest in the asset. There is a possibility of a substantial bullish movement ranging between 60% to 80% if the resistance level indicated by the trendline is breached. It is important to note that the information provided is for informational purposes only and should not be considered as financial advice.
PYTH price "is trending", but in which direction?)For a couple of days now, PYTH has been in various "ratings of interesting coins," so let's write a few words about what we see on the chart.
The fact that after +50% growth in early February, each daily candle closes with a shadow on top is not good for buyers. This means that someone is selling PYTHUSDT quite aggressively in the range of $0.48-0.52.
Now, a correction of at least $0.42-0.43 is very much needed.
And then it will be seen:
- whether the hype and pump will continue at least to $0.70
- or the correction will continue to the range of $0.30-0.33 for a safer purchase.
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