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PYTH / TetherUS PERPETUAL CONTRACT

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PYTHUSDT.P trade ideas

Alikze »» PYTH | Dynamic trigger failureIn 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 support, this path can continue up to the limit of 0.5386 to fill the FVG gap in the daily time, and if there is a demand, it can be extended to the specified supply range. 💎 Alternative scenario: If the range of the green box is broken, this correction can continue up to the range of 0.39 of the OB range and the created demand. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze
PYTHUSDT - BULLISH OUTLOOKPYTHUSDT is exhibiting a bullish divergence on the 4-hour timeframe, suggesting a potential reversal in the prevailing downtrend. Furthermore, the price has successfully breached its lower high level and established a higher high, indicating a strengthening bullish momentum. Based on this analysis, a trading strategy can be outlined as follows: Entry: Consider entering a long position at the current market price of $0.4700 Stop Loss (SL): Place a stop loss order at $0.3540 to manage risk and mitigate potential losses Take Profit (TP): Set take-profit levels to achieve a 1:1, 1:2 risk-reward ratio: TP1: Set the first take-profit level at $0.5860 TP2: Aim for the second take-profit level at $0.7090 This trading strategy anticipates a bullish reversal based on the identified bullish divergence and the breakout above the lower high level.
Long
by sunnytrader07
Huge Unlocks ---- PYTHIn the next few hours, $825.5m worth of PYTH will be unlocked, releasing tokens equivalent to 141% of the current circulating supply. Different from ChainLink which has PUSH mechanism, as a representative of PULL mechanism, PYTH has developed rapidly in the past year. Nearly 200 protocols currently use PYTH as oracle. And as the demand for high-frequency data such as perpetual transactions or option transactions increases, the advantages of the PULL mechanism become more obvious. Fundamentally, PYTH has good development prospects. But from a valuation perspective, PYTH's FDV has reached $4B. Already far more than many other oracle tokens except LINK. Therefore, after huge number unlocks, the value may be revalued. We mentioned similar logic in our previous article about SUI. It can also be seen from the price trend that the PYTH dropped significantly when the huge unlocks is approaching. It is currently lower than TGE's closing price. Looking at the TSB indicator, PYTH is also experiencing a bearish trend. The column cannot even touch the wavy area. Therefore, PYTH may maintain a bearish trend for a long time to come. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
Long term positionSEED_DONKEYDAN_MARKET_CAP:PYTH looks very promising right now, and I believe it has likely completed wave 2. In the short term, there may be price volatility due to the massive token unlock happening on the 20th. If this occurs, SEED_DONKEYDAN_MARKET_CAP:PYTH should not fall below its previous support level at $0.4. If this support holds, a double bottom signal could emerge, pushing the price upward. You might want to wait for certain signals, such as the formation of a double bottom or a bullish divergence, before deciding to open a long position.
Long
by ALandz_NTTs
Good for Long TermThe 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.
Long
by Gul_Ahmad
#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 taget $1.45 (perp)4h time frame - TP: $1.4~$1.53 SL: $0.426 - 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. - Refer to link below if you're interested in my perspective of Bull High of PYTH.
Long
by EthanTW
📊#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✔️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
PYTH 1-2 SetupThe PYTH NETWORK 1-2 setup is currently unfolding. Wave-1 concluded its upward movement on March 18th, and we are now in a downward Wave-2, for which I've included a 0.88 Fibonacci level due to volatility. You can begin scaling into support and scaling out at resistance. Once Wave 2 concludes, I will provide the price target for Wave 3, now assuming Wave 2 has bottomed out. On a micro level, we're in Wave a of 2, anticipating Wave b of 2 and eventually Wave c of 2 heading downward, although the micro structure may shift. This setup offers a lower risk compared to the 4-5 setup for other altcoins
Long
by WaveFibs