PYR | SET UP FOR THE BULLSPYR has retraced to 50% Fib Level after making the upside rally from 2.9. Currently available in its support zone from where we can expect an upside move by the bulls. Price action is getting narrower in the triangular range so this stronger base will help it getting in the higher space.
Stop loss is your friend. Risk the trade accordingly!
PYRUSDT trade ideas
in the beginning of the 2nd wavecrab harmonic pattern:
X=$134.44
A=$0.06
AB=0.61 XA
BC=0.38 AB
0.78 BC=$4.8
0.88 BC=$5.7
1.13 BC=$8.96
1.41 BC=$14.9
1.6 BC=$21.72
0.78 XA=$25.87
2 BC=$43.41
0.88 XA=$55.88
2.24 BC=$67
2.6 BC=$133
1.13 XA=$365
3.6 BC=$816
1.27 XA=$1091
4.23 BC=$2502
1.41 XA=$3159
1.6 XA=$15672
$PYR - Local Short Entry and Long swing EntryThe area around the green arrow is where I am looking to open a swing position based on long time frame analysis. This area appears to have key horizontal levels including POC from volume profile as well as golden pocket (fibs). Locally I am looking at the area around the red arrow for a short term short position based on local time frame analysis.
Vulcan ForgedI like the chart. Simple as that. Made the analysis a few days back before the current level was broken and price has done exactly what I suspected - so without any thought, Ill trust my past self and that analysis.
Main S/R has flipped and price has since rejected from that level relatively well compared to the rest of the market during a mini dump.
In addition to the above, $PYR is a heavily shilled metaverse token, so Im banking on moonbois to ape in as well as having some exposure to a lower Mrkt Cap metaverse coin.
BUY SIGNAL ON PYRPYR has broken upside from the major Resistance of $13- $14 key area as this Resistance area was successfully flipped by Support. And massive bullish run is expected.
1) Support/ Buy Area : $13- $16 as these are key area of new support formed.
2) Sell Area : TP1- $18, TP-$23. TP3- $29
- Fibbonacci is indicating very strong movement at 0.236
PYR - Upto 130% Profit in 3 WeeksPYR with potential of upto 130% Profit in 3 weeks timeframe
Entry @ 10.1
Tp @ 24
Expected timeframe, until mid of April
Disclaimer
The above target is based on the assumption that btc doesnt go in a bear market again
Not a Financial Advice
Only Probabilities, never guarantees.