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PYRUSDT trade ideas

$PYR Performed Bullish Symmetrical BREAKOUT DONEWhat is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. KEY TAKEAWAYS Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
Long
by Crypto-Adda_Official
#PYRUSDT: Sentiment Shift Underway💎A notable change in sentiment is unfolding for #PYRUSDT following the breakthrough above the downtrend trendline. Since then, the previous support has once again become a demand zone. Over the past 7 days, there have been multiple rejections near the $3.00 psychological support level, emphasizing the vigorous defense by bulls. 💎Additionally, the current price position is situated at the bottom of an ascending channel, presenting an intriguing entry point for potential buyers. Anticipate a potential 24% price increase within one or two weeks, as the primary resistance lies near $3.80, coinciding with a double Fibonacci resistance area. 💎While some attempts by #PYR to test lower levels or produce temporary spikes below the support level may occur, it is crucial to monitor the $2.95 level as a key invalidation signal for the bullish scenario. Bulls remain in control as long as the price remains above this level. Stay vigilant and seize the opportunities, Paradisers! 🌴
Long
by MyCryptoParadise
PYR/USDT - Vulcan Forged: T.Line_Breakout_Confirmation◳◱ A Trendline Breakout and Confirmation has been noticed on the $PYR / $USDT chart. A big bullish candle has verified the price's break over a significant resistance level, which suggests the beginning of a prospective bullish trend. The next resistance key levels are located at 3.94 | 4.29 | 4.89, and the major support zones can be found at 3.34 | 3.09 | 2.49. Consider buying at the current price range of 3.58 and aiming higher. ◰◲ General info : ▣ Name: Vulcan Forged ▣ Rank: 266 ▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc ▣ Category/Sector: Media and Entertainment - Gaming ▣ Overview: Vulcan Forged is the creator of VulcanVerse, an open-world massive multiplayer online role-playing game (MMORPG) with an ecosystem powered by their native token PYR. They also operate an NFT gaming studio, marketplace, and dApp incubator. The project aims to support the creation of blockchain games through incubation programs and crowdfunding. ◰◲ Technical Metrics : ▣ Mrkt Price: 3.58 ₮ ▣ 24HVol: 1,443,237.028 ₮ ▣ 24H Chng: 7.508% ▣ 7-Days Chng: -2.95% ▣ 1-Month Chng: -5.23% ▣ 3-Months Chng: 33.29% ◲◰ Pivot Points - Levels : ◥ Resistance: 3.94 | 4.29 | 4.89 ◢ Support: 3.34 | 3.09 | 2.49 ◱◳ Indicators recommendation : ▣ Oscillators: NEUTRAL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.72 ▣ Last 90D: 1.26 ▣ Last 1-Y: -0.37 ▣ Last 3-Y: 1.33 ◲◰ Volatility : ▣ Last 30D: 0.88 ▣ Last 90D: 0.91 ▣ Last 1-Y: 1.19 ▣ Last 3-Y: 2.66 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.59 - Bullish ▣ Reddit sentiment score is 0.56 - Bullish ▣ In-depth PYRUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
$PYR/#USDT [#Vulcan Forged PYR]: SuperTrend Resistance_Breakout_We have identified both a Super Trend pattern and a Resistance Breakout on the $PYR / $USDT chart. Both indicators are signaling a bullish trend, with the Super Trend showing a bullish trend and the Resistance Breakout confirming this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 4.54 | 4.94 | 5.77 and the major support zones are at 3.71 | 3.28 | 2.45. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision. Technical Metrics : Current price: 4.41 24H Volume: 7,665,231.3836 ₮ 24H Price change: 6.265% - Pivot Points - Levels : Resistance: 4.54 | 4.94 | 5.77 Support: 3.71 | 3.28 | 2.45 Indicators recommandation : Oscillators: NEUTRAL Moving Averages: STRONG_BUY Technical Indicators Summary : BUY - In-depth PYRUSDT technical analysis on > Tradingview TA page Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here
by Crypto2AF
2
$pyr - update$3.79 range low for now with it at range high currently break this should reclaim the 200 ema possible it dips back for a sweep of liquidity then completes its golden cross and teleports to the magnet when this gets going it will be fast n furious so keep your tp in mind i'm look for $7.20 for some reason ..( maybe cause i still have hopium we visit the "smart money " mark on the chart . bought a bit higher so a bit chuffed above the $7-8 zupply zone this will go loco so the question is to hodl or wait for a correction going to hold onto the ammo IF we do go there and wait for a correction or retest of $5 that's my plan for now although am quite fickle (bias) and fluid so keep raising stops if you're in from 3.52 area
Long
by CompoundingGain