Breakout of Falling Wedge on PYR/USDT ❗️Breakout of Falling Wedge on PYR/USDT 4H Chart
Possible Target: 8.9
PYRUSDT trade ideas
PYR/USDT Ready for a Bull Run? 👀🚀 PYR Analysis💎 Paradisers, let's zoom in on #PYRUSDT, as it's currently showing signs of a bullish continuation from its current demand zone.
💎 Based on our previous analysis, #VulcanForgedPYR reached an equal high and then experienced a pullback. Presently, there's a growing likelihood of a bullish movement from the demand level at $6.00. If PYR maintains its level at this point, we could see a bullish push towards the bearish Order Block (OB).
💎 However, as savvy traders, we're always alert to different possibilities. If PYR doesn't sustain the $6 demand level, we need to be ready for a potential bullish rebound from a lower demand level at $5.64. It's crucial to note that falling below this level might lead to a significant bearish trend.
💎 Stay vigilant and adaptable, Ladies and Gentlemen of ParadiseClub. Your ParadiseTeam is dedicated to continuously scouring the market for the most promising trading opportunities.
PYR Weekly Imbalance Retest : $10 are comingPYR, the crypto that patiently accumulated within a horizontal range, unleashed a rapid breakout, leaving behind a significant weekly imbalance. As we tread water in an ascending channel, the journey to surpass the upper bounds awaits a strategic retest, targeting the elusive $10 milestone.
Key Observations:
Extended Accumulation Period:
PYR underwent a prolonged phase of accumulation, consolidating its value within a horizontal range.
This accumulation laid the foundation for a potential explosive move.
Swift Breakout and Imbalance Creation:
The breakout from the accumulation range was swift, propelling PYR to new heights.
However, the breakout left behind a conspicuous weekly imbalance, signifying a significant pool of untraded volume.
Current Scenario and Anticipated Moves:
Ascending Channel Dynamics:
PYR is currently traversing within an ascending channel, marked by higher highs and higher lows.
The channel signals a bullish bias, but challenges lie ahead.
Struggling at the Channel's Upper Boundary:
Despite the bullish momentum, PYR has faced resistance at the upper boundary of the ascending channel.
The inability to breach this level suggests a need for a strategic move.
Anticipated Move - Retest Strategy:
Retest of Weekly Imbalance and Range High:
To fortify its ascent, PYR is expected to undergo a retest of the weekly imbalance left by the breakout.
This anticipated retest aligns with the range high, providing a confluence of support.
Critical Juncture at $10:
The strategic retest becomes a crucial juncture, determining PYR's ability to overcome historical resistance.
A successful retest could pave the way for a decisive move towards the $10 psychological level.
Strategies for Traders:
Observing Price Action at Key Levels:
Traders should closely monitor price action around the weekly imbalance and the range high during the retest.
A strong bounce from these levels could signal a renewed bullish momentum.
Setting Strategic Entry Points:
Consider setting entry points in alignment with the anticipated retest, ensuring positions are strategically placed to benefit from potential bullish moves.
Conclusion: PYR's Odyssey Continues
PYR's journey, from patient accumulation to a breakout with lingering imbalances, is a testament to the complex dynamics of crypto markets. As we stand at the threshold of a potential retest, traders brace themselves for a strategic move that could propel PYR towards the elusive $10 mark.
🚀 Ascending Channel Dynamics | 🔄 Imbalance Retest Strategy | 💼 Strategic Entry Points
💬 Share your insights on PYR's journey and your strategies for navigating this crucial phase! 🌐✨
PYR going for 3digit?●PYR bouncing from the Weekly +OB will take it up for $11 or even up
●If PYR lost the Midpoint of the (Weekly +OB) then prepare for $5.50
●If PYR started to dump because of BTC then next buying zone will be $5.48 and $5.19..
●For bull market PYR might visit 3digit
$PYR $7.387on HTF this is just a sweep of the range low as long as we close back above we good
rsi on weekly at yellow band so either its run it back turbo or more downside incoming
risk defined on close above the blue line
PYRUSDT, Break and retest?PYRUSDT / 1D
Hello Traders, welcome back to another market breakdown.
PYRUSDT is one of the charts I'm waiting for to pul-back. The price has broken from the range that looks like an accumulation. The price is retesting the breakout points which might hold as support.
Checkout the chart for where I would like to get a spot entry.
Trade safely,
Trader Leo.
✴️ Vulcan Forged PYR [NYA]It has been going sideways for more than a year but while trading within a range Vulcan Forged PYR has been printing higher lows.
The current price for PYRUSDT trades below EMA50 but the RSI is bullish.
The current price trades relatively low compared to recent support levels yet the MACD is entering the bullish zone.
This tells us that while it might look like nothing is happening, bullish accumulation is taking place and this is normally followed by a bullish wave.
The strong drop on the left should also be matched by a strong rise on the right.
Namaste.
Vulcan Forged PYR Coin Price Prediction🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 7.613 and 5.850
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Share your Thoughts if you have any?
Pyr BullishAfter several attempts to break the support, Pyr has not managed to breach it. I hope for a breakthrough of $7 to move towards $10. The bull market has been present for several months, I hope you've noticed.
PYRUSDT, will the crypto gaming start moving?PYRUSDT / 1W
Hello Traders, welcome back to another market breakdown.
PYRUSDT is one of the charts I'm waiting for to pul-back. The price has broken from the range that looks like an accumulation.
Checkout the chart for where I would like to get a spot entry.
Trade safely,
Trader Leo.
PYR TO 11 $ SoonAfter current accumulation and by using fib extension PYR is going to hit the following targets:
🎯1st Target: 11 $
🎯2nd Target: 19 $
🎯3rd Target: 50 $
PYR ready to retest $8?Vulcan Forged is another coin in the Gaming sector of crypto made a great run up to $7.5 and has now been consolidating. It could be ready to retest the most recent highs with RSI oversold and good volume.. the 365 and 200 MA are looking to cross over for a bullish signal as well...
PYR will explodeWe have had a price range that lasted over 500 days.
We have tried to break the resistance before, but it was a fakeout, but now we have a valid break, which is a real breakout. Pullback has also been done.
Buy with capital management and keep this currency in the corner of your portfolio.
PYRusdt Fet LinkusdtPYR will follow Linkusdt??
I don't think so.
Looking at the chart if i was having a bag of PYR i would've sold it right here at highs.
Last time I bought PYR around around 3 and sold around 5.
Now as per the plan i will buy again at claiming the resistance area. Untill and unless i think buying it here is not a good idea.
Ideal scenario for me will be the red line one but it can follow Link type bullishness too.
Note: Not a Financial Advice.
PYRUSDT Strong Bullish!PYRUSDT Technical Analysis Update:
PYRUSDT has formed a channel pattern and has been ranging for the last 540 days. Once the price breaks out of this channel, we can expect a strong bullish momentum in PYR. we can anticipate a 100-300% upward move.
The PYRUSDT chart is similar to LINKUSDT, and recently, LINK's price went up more than 60% after a Channel breakout.
LINKUSDT Chart Below
Thanks
Hexa
PYRUSDT: What next after the massive breakout?PYRUSDT displays a robust structure resembling a harmonic pattern AB=CD. The price witnessed substantial accumulation following the completion of leg D. After approximately 115 days of accumulation within a potential box-like pattern, a surprising breakout occurred, testing the supply levels towards the leg B of the pattern.
However, the resistance encountered within this supply area has hindered further upward movement, leading to a pullback towards the box neckline area. As the price descends, there's a notable weak support zone identified. Despite its label, this level holds significance and might propel the price upwards. Anticipation leans towards a pullback in an ABC pattern.
The immediate demand zone highlighted on the chart presents a robust area for potential buy opportunities. The outlined targets align with the supply zone illustrated on the chart.
Boosting this analysis and engaging with your comments is appreciated.
PYR long on pyr
stop loss 3.85
take profit ; target 1 : first green box
reclaiming the green box and make it as a support, we target the second green box
not financial advice
thank you
PYR buying zoneI see the red zone as a nice zone for buying pyr. If the market crash continue , and BTC will bleed more toward 14-9k range .
Notice : as we are right now , 21-17k BTC range , every one can begin to accumulate their desirable tokens , for example 30% now and the rest when prices reached the area mentioned , because the market is a guessing game , no one know exactly what would happen . its okay to start DCA now , because we are already +80% down from almost all ALTS ATH . I want to point out , that the price could go even lower than the zone mentioned , however , as i mentioned before , from here every one can start DCA , no one could catch the real bottom unless he has a time travel machine .
Not a financial advice
Thank you
PYR one of the most perfect chartHi, Everyone
I expect a good Investment opportunity with PYR
respecting the accumulation area is outstanding
with the fall of the usdt Domination we going to see an outstanding performance for this chart
I expect even Higher target because the accumulation was slowly cooked
Good luck everyone
PYR: Breakout Target 50$ by 2024🚀 Exciting developments are underway as Vulcan Forged PYR (PYR) makes a notable exit from a significant accumulation phase. The charts suggest a potential retest of the upper boundary of this range, setting the stage for a breakout with a target of $50 by the end of 2024. Let's dive into the details of this emerging opportunity. 📈🔍
PYR's Accumulation Breakout:
Accumulation Dynamics: PYR has shown signs of accumulating within a range, indicating a period of gathering momentum before a potential price move.
Exit from Accumulation: The recent breakout from this accumulation phase is a noteworthy development, suggesting that PYR is gearing up for a new trend.
The Retest and Breakout Scenario:
Retesting Upper Boundary: It's common for assets to retest the upper boundary of a range after a breakout. PYR might revisit this level, providing an opportunity for traders to confirm the strength of the breakout.
Targeting $50: The bullish sentiment surrounding PYR leads us to set a target of $50 by the close of 2024. This ambitious goal aligns with the potential of the current breakout.
Trading Strategy:
Retest Confirmation: Wait for confirmation through price action, ensuring that the retest of the upper boundary is met with bullish momentum.
Volume Analysis: Monitor trading volume during the retest and subsequent breakout. Increased volume can validate the strength of the upward move.
Long-Term Outlook: Considering the target of $50 by the end of 2024, investors may evaluate PYR as a potential long-term opportunity.
Conclusion:
PYR's emergence from accumulation signals a significant shift in market dynamics. As the cryptocurrency landscape evolves, strategic traders and investors can position themselves to capitalize on the potential breakout, with the ambitious target of $50 on the horizon.
May your trades align with the momentum of PYR's breakout, and the crypto journey be filled with success.
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$PYR to $9.95Same thesis as BIST:LINK , after 553d accumulation.
My first target is almost 100% of the weekly wick at $9.95.
Second target will come after a potential although not necessary pull back to $8 area
Bearish update for $PYRBearish update on NASDAQ:PYR
I think it will still retest again therefore I still consider it bearish
PYRUSDT trading ideaPYRUSDT experienced a price breakout from the downtrend trendline, and since then, it has been trading within a range that has lasted over 329 days. Our strategy is to patiently wait for the next breakout, with targets for both sides of the breakout displayed on the chart.
We plan to monitor the price action within the current range, paying close attention to the range high and range low levels. Wait for a decisive breakout from the range in either direction.
If the price breaks above the range high, consider entering long positions targeting the upside breakout levels shown on the chart. and If the price breaks below the range low, consider entering short positions targeting the downside breakout levels shown on the chart.
It's important to note that the longer the price remains in the range, the stronger the potential breakout could be.
