In the previous analysis presented, it made a correction to the current supply box that was specified. But in the time of 8H, there is a demand after the morning star candle. 💎 Currently, the dynamic trigger has broken and this pullback can be returned to the broken structure and perform an upward cycle to the specified areas. 💎 In the first step, after the...
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...
#PYTHUSDT (Update) Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze PYTHUSDT today. PYTH is getting good volume & Break out done in 1D time frame. Expecting Massive Bullish wave🚀
In the next few hours, $825.5m worth of PYTH will be unlocked, releasing tokens equivalent to 141% of the current circulating supply. Different from ChainLink which has PUSH mechanism, as a representative of PULL mechanism, PYTH has developed rapidly in the past year. Nearly 200 protocols currently use PYTH as oracle. And as the demand for high-frequency data such...
Dear Traders, We are convening a discussion focused on #PYTHUSDT 📊Time Frame:1D THE Falling Wedge Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 50% in Coming Days🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT ...
#PYTHUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about PYTHUSDT Falling wedge breakout done in 12h Time frame ✅ Expecting 70%+ profit in coming days 📈
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...
🔰 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. 🔰 The currency of the PYTH network has faced supply in the 4H and 8H time after an upward trend...
PYTH ~ 4H 📈 #PYTH Make purchases gradually from here with a minimum target of 15%+ from here. 📈
📊 Analysis: Support Zone: PYTH is compressing down to $0.905, indicating a support zone. Building Up: Signs of building up are observed in this support area. Laddering In: Consider laddering into positions at this level. Next Support: If $0.905 fails, next support likely at $0.80. 📈 Trade Plan: Entry: Initiate a trade around $0.905. Take Profit: Target set at...
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...
The price of PYTH is $0.45 today with a 24hour trading volume of 200 million dollar. Which represents a 40% price increase in the last 24 hours With a circulating supply of 1.5 Billion PYTH, Pyth Network is valued at a market cap of 675 million dollar. The Pyth Network is first party oracle for the world’s financial data which supports more than 300 real time...
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.
In the race for oracle supremacy, Pyth (PYTH) emerges as a formidable challenger to Chainlink (LINK), with the potential to surpass LINK's all-time high (ATH) of $49. Let's crunch the numbers to see why PYTH is set to shine. Firstly, let's consider the supply dynamics. While Chainlink has a fixed maximum supply of 1,000,000,000 LINK tokens, Pyth boasts a total...
📊 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...