PYRUSDT trade ideas
✴️ PYRUSDT | Vulcan Forged (Name Your Altcoin #5 ✅)Vulcan's volume has always been strong, meaning that this is a well traded/sought out project.
This is also one of the "strong ones".
PYRUSDT technically hit the same low in December as in June 2022. In fact, while it wicked lower by a few cents, the candle close was higher and thus a signal of strength.
The RSI is very strong above 50 on the weekly timeframe, we are looking mainly at the log chart but see how the linear one looks below:
In 2024 we can revisit the highs of late 2021.
If this does not happen in 2024 then 2025 for sure... Based on the 2 years market cycle we normally experience.
2 years bullish, 2 years bearish.
The growth we see now is only the bottom recovery process, this can be followed by first a retrace, another bullish wave and then long-term consolidation.
The Bitcoin halving happens in 2024 and right after this event, the market resumes fast growth.
It will take a while but in late 2024 for some altcoins and 2025 most of the cryptocurrency market we will experience the next bull-run.
2023 is just getting started but we only gain by being prepared and aware beforehand as to what the future holds.
Thanks a lot for your continued support.
Namaste.
PYR vulcanversethis is a promising project as the ATH ar well over 10x and they have built alot since that time with all that aside the charts show us that 5.19 is a signifigant area everytime the market was in an uptrend last year aug and nov First though we need to break 4.00 and leave it behind there are some other rough patches along the way i have marked them 4.29 and 4.70 If you have any input on pyr news or partnerships please share here or on twitter.
PYR- Swing trade to $4.50 I have entered PYR again on the chance of a swing trade to $4.50.
The pair has found support at $3.85-$3.95 and we will be looking at targeting the local high with a gain of 6% within the next couple of days.
If this breaks, I have zero doubt that $4.50 will be the next selling target.
GL if you join
PYR LONG WEEKLY BREAKThe market explodes - but when pull back?! PYR is about the break weekly trend after quite a long period of accumulation. If market stays bullish, I think PYR will run quickly after weekly trend break. I see that the first target should be the top of the "accumulation channel". PYR is now on the upper half of the channel and will probably continue going up.
PYR/USDT | Looks Promising for Breakout..!!
#PYR Looks Promising for Breakout 🔥
- Descending Channel Formation in 1D TF..
- Pretty Decent Buying Volume Coming in..
- Major Trendline getting Weak.
Bulls Need to Clear the 3.12$ Resistance to Confirm the Breakout.
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[UPDATE PYR] Nothing changed. What if?As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to another market crash in mid-2023 (stage 3). This will cause inflation to skyrocket again, leading to a depression phase (stage 4). If I were to visualize these phases in a chart and use PYR as a reference, it would look like this.
THIS IS A STAGE 2 SCENARIO.
PYR- BUY.Hi,
PYR is one of my biggest holdings. I believe were in an accumulation zone and we will continue to be here for the next 6/12 months.
If the price falls further than the local low at 2.63, I will close my swing trading position I have opened today, but I will be DCA and adding more to my portfolio.
My long term target will be $50 and then $100.
Good luck if you join
PYR Vulcan Forged has no fireCant argue about this triangle being broken down with confirmation really.
Would have to reclaim and hold $5.24 if not at least 1.272 is the next target. But final targets are much much lowa
Hold my beer pls
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No financial advice, do your own research, don't be stupid
$pyr- long term hodl or not ??$2.64 bid
Recon it messes about here sweeps the stops under htf support and we rip up
so spot should give a quick 100%
dying to leverage n leave positions open for a while but for now scared to pull the trigger
deviate below and reclaim 2.63 would define risk
so looking for that ..