4h time frame
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TP: $1.4~$1.53
SL: $0.426
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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...
4h time frame
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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...
4h time frame
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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.
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TP: 1.58
SL: 0.781
#PYTH
The bearish channel on the 1-hour frame was broken strongly to the upside
It is supported by a rebound from the green support area on the chart
This support area was adhered to well
Entry price is 0.5920
The first target is 0.6000
The second goal is 0.6192
The third goal is 0.6370
💎 Paradisers, prepare for an attractive trading opportunity with #PYTHUSDT, as it's showing potential for a bullish continuation following a retest of its demand zone.
💎 Examining #PYTHNETWORK past performance, we've observed its consistent movement within a descending channel. Interestingly, it has also formed a cup and handle trajectory. Currently, it has...
I really like this chart and the project.
Looks like a giant flag in progress.
The project is an oracle with a lot of utility and official partnerships among the biggest in the crypto field.
(Yes i'm positioned)
For a couple of days now, PYTH has been in various "ratings of interesting coins," so let's write a few words about what we see on the chart.
The fact that after +50% growth in early February, each daily candle closes with a shadow on top is not good for buyers. This means that someone is selling PYTHUSDT quite aggressively in the range of $0.48-0.52.
Now, a...
BINANCE:PYTHUSDT.P
This idea has a medium-term profit target.
All targets are indicated on the graph with a red eye.
- Risk 0.5% on deposit
- R/R 1/2
P.S (This is not an investment recommendation, this is my personal opinion.
More bullish than ever on PYTH, so non financial advice...
Here I'm waiting with patience for FIB-level 0.618
I think the yellow zone could be a great area to build a position. We could get some help from 20 MA and the trendline to hold the trend.
The big gains come when we break the flag and after that move to price discovery. I don't want to miss that.
I will...
0.31-0.33 looks a good zone to enter long on PYTH. This support zone looks pretty strong, and i expect a retrace from current level till this zone. I will wait for the correction before entering, invalidation is a clean break of this zone
The Pyth Network is a decentralized oracle protocol that is transforming the way financial market data is accessed and utilized in blockchain environments.
$PYTH is a long term buy for me at 0.27 and below zone. I'm accumulating dips below to $0.27.
Here are some key highlights about the Pyth Network:
Decentralized Oracle for Financial Data: Pyth Network...
💎 Paradisers, turn your attention to PYTHUSDT, as it's currently showing significant market activity. The asset is indicating a possible bullish turn from a critical support level.
💎 PythNetwork recently encountered resistance at the $0.385 level. If PYTH can uphold its position at the pivotal support level of $0.281, we may observe a continuation of its bullish...
PYTHUSDT is showing signs of rejection at the fibonacci levels of the previous leg on the 1H timeframe which could mean that the pullback may be coming to an end.
I'm buying PYTH around that levels, but will add more after the descending trendline breakout.
