PYTH ~ 3D #PYTH So far the price is maintaining this Support Block. if you have Conviction on this coin,. Maybe now is a good time to make purchases in stages.
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...
PYTH ~ 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 ~ 1D #PYTH Looks like a Confirmed Double Bottom pattern. Make purchases in stages within this support Block. short term target of at least 15%+
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...
The #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. _____________________ Did you like our...
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. Anyway, Pyth is still young and few candles are availabel. However, it seems Pyth is moving in an...
#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...
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...
#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 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...
PYTH ~ 4H 📈 #PYTH Make purchases gradually from here with a minimum target of 15%+ from here. 📈
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
📊 Market Observation: Current Movement: PYTH is approaching a significant area of interest where previous resistance levels could turn into support. Fibonacci Level: The 0.618 Fibonacci level aligns with this area of interest, adding to its significance. Strategy: Dollar-Cost Averaging (DCA) will be utilized to accumulate positions as price enters the support...
Which points to $1.25 on the log scale. We did well previously on Pyth and had a pattern that got us to the current neckline. The subsequent retrace has created a new right shoulder for us. So here we are with a Double lined up for us. Best of Luck.
📊 Analysis: Support Structure: PYTH is building support at $0.649. Next Target: Aiming for the next run up, targeting resistance at $0.797. Crucial Level: $0.687 is a crucial level; needs to claim and hold it. 📉 Potential Scenarios: Optimistic Scenario: Successful hold of $0.687, targeting $0.797. Bearish Scenario: Potential drop to $0.535 in case of a...
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...