PYTHUSDT trade ideas
Pyth/USDT - 🚀 Pyth/USDT Showing Ascending Triangle 📈 – The price is following an upward trend after forming a higher low, suggesting that we could see a breakout above the resistance levels. If the trend continues, targets are set at 0.5330 (TP), 0.6513 (TP), 0.6927 (Resistance), and 0.8281 (Resistance). In case of a pullback, support at 0.3035 may hold.
Current Price: 0.4203
Support: 0.3035
Resistance Levels:
0.3933 🔺
0.5330 ✅ (TP)
0.6513 ✅ (TP)
0.6927 ⚠️ (Resistance)
0.8281 ⚠️ (Resistance)
Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.
Best wishes to all,
we ask Allah reconcile and repay. 🙏
#PYTH/USDT#PYTH
The price is moving in a bearish channel on a 4-hour frame and is holding it strongly and is about to break it upward
We have a bounce from the green support area at 0.3400
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.3500
The first target is 0.3970
The second target is 0.4400
The third goal is 0.4855
$PYTH is over accumulation, next is pumping and the distributionCollaboration of large investment funds with market maker Wintermute has always shown excellent growth of the asset. Pyth will be no exception. Accumulation is complete, everything is ready for pumping. The community issue is in the hands of the market maker!
Horban Brothers!
Pyth Network: Bullish Regardless, Bullish, Bullish ZoneI divided the chart in two here, the bearish and bullish zones. The interesting and great feature of this chart is that it is bullish, bullish always and bullish regardless of what happens.
➖ If PYTHUSDT moves down and enters the bearish zone, it would still recover in due time and growth.
➖ If PYTHUSDT moves into the bullish zone, it is already growing and we can expect higher prices.
Notice the patterns, perfect alternation. Late last year we got a triangular pattern and this time a rounded bottom, both are reversal signals.
We looked at PYTHBTC recently and this can be found in the 'Related publications' below.
We are expecting a strong bullish wave but there can be delays. Some pairs move faster than others, some will move now while others will move next month. Patience is key. Thanks a lot for your support.
Namaste.
Pyth USDT Spot trade 12% potential PYTH/USDT is showing a potential 12% rise based on technical indicators. The price is approaching a breakout zone after consolidation, with momentum building. Traders should monitor key resistance levels and volume spikes to confirm the bullish movement. Keeping an eye on support zones is essential to manage risk in case of pullbacks. 📈 #PYTH #Crypto #SpotTrade
PYTH Network Looking for Breakout1. Pattern
Symmetrical Triangle: The price is forming a symmetrical triangle, which is characterized by a series of higher lows (ascending trendline) and lower highs (descending trendline). This is typically a neutral pattern, meaning the breakout direction is uncertain, but it often leads to a strong price movement.
2. Breakout Potential
The price is currently approaching the apex of the triangle, which suggests that a breakout is imminent. The chart shows a projection of a bullish breakout, where the price could rise toward the next key resistance level near 0.4800-0.5000 USDT.
3. Support and Resistance
Support: The ascending trendline, which has been holding since the lows of mid-September, currently provides support near 0.3300 USDT.
Resistance: The descending trendline has been acting as resistance and could break around 0.3800 USDT. If this resistance breaks, it could trigger the expected bullish movement.
4. Volume
The volume bar shows increased trading activity, which is often a sign of preparation for a breakout. If the breakout is accompanied by a volume surge, it would add more conviction to the move.
5. Bullish Scenario
Breakout Target: The chart projection suggests that if the price breaks out upwards, it could reach the resistance level at 0.4800-0.5000 USDT. This area could act as a strong resistance where the price might consolidate or reverse.
6. Bearish Scenario
Breakdown: If the price fails to break out to the upside and falls below the ascending trendline (around 0.3300 USDT), the next support could be found near 0.2750 USDT. A breakdown from the triangle could shift the momentum to the downside.
7. Key Levels to Watch
Immediate Resistance: 0.3800 USDT (descending triangle resistance)
Next Resistance: 0.4800-0.5000 USDT (upper resistance zone)
Immediate Support: 0.3300 USDT (ascending triangle support)
Next Support: 0.2750 USDT (previous swing low)
Conclusion
The price of PYTH/USDT is consolidating within a symmetrical triangle and is nearing a breakout point. A bullish breakout could lead to a rally toward the 0.4800-0.5000 USDT resistance level, while a bearish breakdown could target lower levels around 0.2750 USDT. Watch for volume confirmation during the breakout for a stronger signal.
Pyth Network (PYTH) 150% falling wedgeOn the above 2 -day chart price action has corrected 75% since the month of March. A number of reasons now favour a long position, including:
1) Price action and RSI resistance breakouts.
2) Trend reversal. Higher highs higher lows.
3) Support on past resistance.
4) The falling wedge confirmation forecasts an 150% extension.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: medium
Timeframe to long: This month
Return: 150%
#PYTH 's 285% Moonshot Opportunity – Don't Miss the Breakout!#PYTHUSDT is currently consolidating within a falling wedge pattern, with a potential upside that could see the price soar by 285.10% to around $0.7712. Trading at $0.2713, this setup suggests a strong breakout is imminent. With the technicals aligning, this could be the perfect time to position yourself before the next big move!
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
Buy Trade Strategy for PYTH: Unlocking Real-Time Data PowerDescrizione:
This trade idea focuses on PYTH, a cryptocurrency offering real-time, high-fidelity data solutions for decentralized finance (DeFi). PYTH’s fundamental value comes from its unique role in providing reliable off-chain data for DeFi projects, making it an essential component for accurate, real-time information. As DeFi continues to expand, PYTH’s importance grows, supported by key partnerships and adoption across multiple platforms.
Disclaimer:
This idea is educational and not financial advice. Crypto investments are high risk and could result in total loss. Conduct research, assess your financial position, and consult an advisor before investing.
PYTH/USDTThis is already an active trade setup but looks like the chart is providing another opportunity to get a good R:R entry.
Large M shape harmonic structure.
Lower demand line appearing to show a partial decline and seller exhaustion at the key level.
Bullish engulfing candle off the key level to boot.
What is not to love here? : )
PYTHUSDTToday's analysis is on PYTH.
Following the Price action, it would be best to view and position oneself for the greater good.
This is one of those alts, that had a good rally at inception and could repeat same run again and again.
Looking forward to the play of the trade, the momentum maybe slow but i'd be watching
Trade wisely
Trader45
#PYTH/USDT: Bullish Breakout Ahead! SEED_DONKEYDAN_MARKET_CAP:PYTH /USDT: Long Position🚀
PYTH is forming a descending wedge pattern, which is a bullish reversal setup. The price has consolidated and is approaching a breakout point. If the price breaks above the wedge resistance, a strong upward move can be expected, with significant upside potential indicated in the chart.
Entry Point: Current Market Price (CMP)
Additional Positions: Add more if the price dips to the support zone near 0.25 USDT.
🎯Targets:
$0.39
$0.49
$0.65
$0.72 (Final target)
⛔Stop Loss (SL): $0.24 to manage downside risk.
⚖️Leverage:
Use leverage cautiously, between 5x and 10x depending on your risk tolerance.
DYOR NFA
#Cryptocurrency #Crypto #XRP
Pyth Network (PYTH): Possible Move To 100 EMA Pyth Network might have a nice little bounce from current zone of support, where price should move to 100EMA. So we are looking for a bounce from support to EMA and a movement inside that zone until we see a clean break of the EMA or support line here.
Swallow Team
Pythusdt trading opportunityPythusdt is currently in a strong downtrend, forming a falling wedge pattern, indicating a potential reversal.
We anticipate a bottom around the previous low, and plan to accumulate near that zone, considering a possible double bottom formation.
The chart outlines our strategy and accumulation path. A stop-loss is crucial, as a failure to hold the current low could trigger a significant downward move.
Exercise caution in trading.
Pythusdt buy opportunityPythusdt is currently navigating within a potential ascending broadening wedge formation, indicating a widening price range over time.
Our expectation is for the price to adhere to this setup until it reaches the final setup target delineated on the chart. Our strategy involves buying back the coin within the provided buy area, which is anticipated to serve as a robust support and demand zone.
Notably, the highlighted resistance level represents a crucial local barrier. Should the price breach this level, we advocate for proactive action, entering positions on pullbacks towards the breakout level rather than waiting for a retest of the buy-back area.
We encourage the sharing of insights and opinions on this coin for further discussion and analysis.
All charts going Private!Hi everyone! I wanted to let you know that I will no longer be sharing public charts on this channel. After much consideration, I've decided to focus on my own trades and provide insights only to a select few in private consultations.
I realized that offering free services can sometimes do more harm than good. Without the right strategy or money management, some people end up losing money. I believe that a more personalized approach will allow me to better support those who are serious about improving their market skills.
For those of you who have followed my public charts, I sincerely wish you success in the ongoing market cycle. Remember, the key to long-term success is staying calm and patient during market fluctuations.
"The last chart posting here is PYTH its known as LINK killer"