AhMohHe

Vulcan Forged PYR Buy Setup

Long
AhMohHe Updated   
KUCOIN:PYRUSDT   Vulcan Forged PYR / Tether
PYR/USDT


As long as the price movement maintains the horizontal support, we are on the verge of a major price pump.
But due to the inherently fluctuating market conditions during the coming period, especially with the upcoming news about Bitcoin, we must be very careful.
Initially, I'd suggest to DCA your entry at least for two equal parts, the first stage from the current price: 7.11
The second is in case the support is tested again at 5.66.

Here is the final setup info

Entry 1 : 7.12
Entry 2 : 5.66

Average : 6.39

TP1 : 9.06 | 42%
TP2 : 11.99 | 88%

Stop : 4.96
Trade active:
Entry 1 : 50% entry
Trade active:
Entry 2 : 50% Entry
Average Price : 6.39


We should expect an impulsive wave from here.
Let's wait and see
Trade active:

Entry 2 and now we are running on +15% profit
Comment:

Achieved TP1
Patience is a key level
Comment:
Short Term targets
11 - 12
Mid term goals
15 - 19
Long term
49

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