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PYTHUSDT trade ideas

Pyth scalp short to 0.1470Just recently opened a scalp short position on. Expecting a drop down to 0.1470 this morning before any major upside. Market currently pushing up but I think that's just the typical decoy/fake move that usually happen around this time 9 am to 9:30 am before going the opposite direction. Roughly 2.2RR position, though with extended stop adjustment that I made its lower RR due to slight increase in risk. Stop will be adjusted back soo to 0.1521 once I see the market breaking back down below 0.15
Short
by Filnft
Pyth: Your Altcoin ChoicePyth hit a new All-Time Low 7th April 2025, this is likely the market bottom. There is truly no need for the market to continue lower and lower. Remember, the market cannot kill itself nor has any intention to do so. The market always looks for balance. Now that many players are down and in the red, the market will seek balance by growing and producing gains. At one point, the market takes everything away. At a later stage, the market gives and gives, you'll see... We are about to enter the bullish phase. » PYTHUSDT just hit bottom recently and conventional analysts would read this as bearish. To me, bearish is when there is potential for lower prices. Bullish when there is potential for growth. » PYTHUSDT is bullish in the sense that there is huge growth potential. It isn't bearish because the potential for it to go lower is so small, so small that it is almost irrelevant or not worth our attention. If there were to be anymore bearish action, it would be short-lived. Bullish action on the other hand, can go for years to come. A new All-Time High and beyond. » PYTHUSDT is showing an ending diagonal pattern in Elliott terms, this is a reversal pattern. This pattern is combined with a bullish divergence with the RSI. Both these signals are combined with a very strong volume rise. The RSI reading is relatively strong. All these signals combined tells us that the market is ready to turn. Not all happens in a single day, remember. It grows slowly, the momentum, and after several months we get a strong advance, a bullish jump. Think back of late 2024. August 2024 was the bottom, relate this to April 2025. From August 2024 the market went sideways and started to build up strength while printing higher lows. 2 months, in November, the market produced a very strong bullish jump. The same again. Two months, April and May, or May and June and then a strong bullish jump. Allow for variations, but regardless of the fluctuations between pairs and projects, overall, we are going up. We are about to experience massive growth. Just watch! Thanks a lot for your continued support. Another great project & Altcoin Choice. Namaste.
Long
by MasterAnanda
PYTH CHART ANALYSİS - EDUCATİONAL POSTBest Books on Algorithmic Trading By now we all know how effective and profitable algorithmic trading can be for traders and investors. In stock markets across the world, algorithmic trading alone accounts for approximately 70-80% of trading volume. You read that correctly. Yet the vast majority of people trading crypto are doing it manually, resulting in missed or poorly timed trades. Even worse, manually trading is based on feeling and gut instinct rather than data and analysis, resulting in costly mistakes and missed opportunities. However, despite its many benefits, algorithmic trading might seem a bit complex at first. Thankfully, there’s no shortage of excellent books to get you started if you’re a beginner interested in learning about automated trading strategies. And for the more advanced algo traders among us, there is always something new to learn. With this in mind, we’ve put together a handy list of the best books on algorithmic trading, covering users of all experience levels, whether you’re a beginner in need of a basic introduction or a seasoned veteran looking to add a few additional advanced tools and techniques to your trading arsenal.
by EngineeringRobo
PYTHUSDT: A Massive Move Incoming? Watch This Level Closely! Yello, Paradisers! Is PYTHUSDT about to break out, or is a deeper drop still on the table? Let’s break it down. 💎PYTHUSDT has formed a well-structured descending channel with a corrective wave pattern and bullish divergence, signaling a strong probability of an upcoming bullish move. However, confirmation is key. 💎If PYTHUSDT breaks out and closes candle above the resistance zone, this will validate the descending channel and could trigger a bullish move. 💎In case of panic selling or a deeper retracement, we may see a temporary bounce, but the real focus should be on the resistance zone and a confirmed breakout for a high-probability setup. 💎On the flip side, if PYTHUSDT breaks down and closes candle below the key support level, the bullish setup will be invalidated, and waiting for better price action would be the smarter approach. 🎖 The key here is patience and precision—don’t jump in blindly. Watch for confirmation, trade with discipline, and always wait for the best setups. The market rewards those who stay ahead of the herd! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
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