PYRUSDT 8H LONG setup - UPDATEFollowing previous analysis on May 21, PYR has unfortunately hit our SL before pumping some +50%.
PYRUSDT trade ideas
$PYR #VulcanForged2024 was a tough year for TSX:PYR given its strong position in 2023. After hitting the 3.618 retracement level PYR is showing signs of strength rebounding with a completed wave 1 moving onto wave 3.
Most blockchain gaming started a bit too late in the cycle last run, but with a good amount of price action data, one is freer to speculate where TSX:PYR can go this cycle.
I'm bullish, and I think the bearishness on #altcoins is unwarranted. We are entering that part of the cycle, yet we have collective PTSD from getting rugged by memecoins.
Get ready.
PYR is retesting the 100day SMA (Break or not)Technical Analysis only:
PYR have been testing the 100day SMA with a 3 time retest to the 4.1$ Support level which also has been acting as a strong support.
Moreover, we’re standing still waiting for a 100-day SMA break (Yellow line) to enter a long position with a TP 5.4$.
This is not a financial advice but rather my own idea and analysis.
$PYR Long Trade Setup PYR is one of the best performer from the past when BTC was dumped.
For now it has a great setup for a scalp trade of 10-30% TP.
Confluences:
1. Broken out from a falling wedge pattern.
2. Monday lows swept and reclaimed the Monday range.
3. 4hr HL is retested and now we may see a strong pump from here.
4. If 4hr candle closes above TP1 Bearish candle, we will be heading towards TP2 instantly.
$PYR a bullish structure#pyr #vulcangames chart has W bounced and now retesting the bounce. The chart seems bullish for mid/short term moves. Not financial advice.
Vulcan Forged Holder TargetsVulcan Forged - is another coin that is holding well .above the TD9 candle we had on
12th april 2024 -we can see on this timeframe ,currently trading bellow the next main resistance level around 5bucks. My mid target would be the 8.8bucks
#PYR/USDT#PYR
The price is moving in a bearish channel pattern on the 4-hour frame and sticking to it well
The price rebounded well from the lower border of the channel at the green support level of 3.80
We have a tendency to stabilize above the Moving Average 100
We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 4.00
The first goal is 4.45
Second goal 4.75
Third goal 5.28
PYR is ready to flypyr is starting to fly , as can see its take back old support and getting ready to fly to 17$
📈💡 BTC and PYR Trading Strategy 🌐💱📉 Market Analysis:
BTC has reached a support area, potentially signaling a relief bounce.
This presents a scalp trading opportunity for BTC and PYR.
🔄 Trading Plan:
Enter a spot long trade in the current $4.50 - $4.65 support area.
Take Profit at the next resistance area between $4.90 - $5.00.
⚠️ Risk Management:
Set a tight stop loss just below $4.40 to mitigate potential losses.
Acknowledge trading against the higher time frame trend and be prepared to exit if the market turns back to the downside.
📣 Stay vigilant for market developments and adjust trade plans accordingly! 📰💹 #BTC #PYR #TradingStrategy 🌐💱
#PYR/USDT#PYR
The price is moving in an upward channel on a 4-hour frame,
and we are staying up to the limits of that channel well.
We have stability at the top of moving average 100 position,
and it is rising on the RSI indicator.
Entry price is 10.06
The first exchange is 1106.
The second target is 11.97.
The third target is Isan Kin Kan 12.98
#PYR/USDT#PYR
The price is moving in a triangle on the 12-hour frame and we have a support area in green at the 7.50 level
We have a higher stability moving average of 100
We have a good bounce being prepared from the lower border of the triangle once the downtrend is broken
The RSI indicator has a downtrend that is about to break higher
Entry price 7.93
First goal 9.53
Second goal 11.25
Third goal 13.00
#PYR/USDT#PYR
The price is moving in a downtrend on a 12-hour frame, the price is moving within it and has been broken to the upside
We have a major support area at $6
We have a higher stability moving average of 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 6.70
The first goal is 7.30
Second goal 8.2
Third goal 9.0
PYRUSDT potential reverse point with 35% UPhello as shown in the chart
SL : 6.18
boost it if u agree :)
good luck
PYR finally ready for $10!PYR ready to go for $11
●Bounced from the Daily FVG and created a bullish Orderblock.
●the Daily candle of 19 Mar (Daily Orderblock ) should support the price and PYR is ready to go for $11.
●19 Mar Daily downclose candle took the SSL of (5 Mar) Daily candle, that's how we have an Orderblock
PYR-USD BearishPYR is in down trend making LH and LL. short entry can be taken on break of $6.5 with stop loss at 8
PYRUSDT Bullish short termAs you can see in the chart, the chart created a fair value gap after passing the previous high and is now trading in the FVG. I think it will re-bounce from the FVG and go higher.
PYRUSDT has surged by 168.30%The cryptocurrency PYRUSDT has surged by 168.30%, reaching a price of $10.92. This remarkable increase demonstrates a significant bullish trend in its market performance. Investors are closely monitoring its trajectory as it continues to show substantial growth potential.
#PYRUSDT
All Targets: done✅
Entry price: 4.07$✅
Price reached :10.92$ ✅
Profit: 168.30% ✅🚀🚀🤑
Vulcan Forged PYR Buy SetupPYR/USDT
As long as the price movement maintains the horizontal support, we are on the verge of a major price pump.
But due to the inherently fluctuating market conditions during the coming period, especially with the upcoming news about Bitcoin, we must be very careful.
Initially, I'd suggest to DCA your entry at least for two equal parts, the first stage from the current price: 7.11
The second is in case the support is tested again at 5.66.
Here is the final setup info
Entry 1 : 7.12
Entry 2 : 5.66
Average : 6.39
TP1 : 9.06 | 42%
TP2 : 11.99 | 88%
Stop : 4.96
PYR important zone Very important zone from 6.7 to 7 dollars.
If he manages to stay above this level, I see a great possibility for a much bigger attack. For now, we have reached the bottom, but nothing significant yet. Below is another account for DCA.
Show me some support with like.
PYR/USDTPYR Chart Analysis for Profitable Opportunities
PYR is showing tremendous potential on the charts, and it's time to keep a close eye on this exciting opportunity. Spot the chart pattern that could pave the way for significant gains. This is your ticket to ride the crypto train to profitable targets
Identify key levels and set your targets for the ultimate ride. Knowing your goals is crucial for maximizing profits.
Before diving in, ensure you find your entry point and have a solid stop-loss strategy in place. Managing risk is key to long-term success in the crypto game.
Get ready to embark on a profitable journey with PYR! Remember, diligence pays off in the crypto world. #Crypto #PYR #ProfitOpportunity #ChartAnalysis #CryptoTrading
#PYR/USDT#PYR
The price is moving in a descending triangle on the 4-hour frame
We have oversold conditions on the MACD indicator
We are about to break that triangle up perfectly
Current price 5.72
The first goal is 6.20
Second goal 6.73
Third goal 7.33
