There is a huge unlock of the PYTH token today at 2:00pm UTC. Be prepared for some major dumpage!!! Price seems to be being inflated now to maximise the drop.
📊 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...
📊 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...
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.
It seems like PYTH:PYTHUSD is showing some strength during crypto-wide bearish PA. If 38 cents is held today and BITSTAMP:BTCUSD consolidates at $40k I think it will have room to move up from this level to test the highs and maybe further. Lets see...
My scripts found a pattern in PYTH which if it repeats, pushes the price +50% close to $1 clsoe to end of next week (probably Sunday March 10th because candles range are 74-77). in the scripts were considered Large VS Retail traders, DMA, Numbers of candles, trendline angles, Advanced RSI, volatility index and so on.
📊 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...
I am currently watching this SEED_DONKEYDAN_MARKET_CAP:PYTH downward trendline waiting for some sign of a break out before entering a long position. This will most likely be confirmed or cxled in a couple days depending on Bitcoin's price movement. Lowest entry could lead to a quick 35% spot gain.
Rising Channel Pattern: PYTH is forming a rising channel pattern amidst its ongoing bull run, suggesting a structured uptrend. Buying Opportunity: The recent dip within the channel is seen as a buying opportunity, indicating potential for upward movement. Potential Breakout to $0.63: The bull cycle may see a breakout at $0.63, aiming to challenge the $0.90 mark...
Beautiful. Nothing to explain. Pump It. TLDR: There are more than 150 tokenless Protocols/Projects using PYTH as their data oracles. Staking 1000+++ SEED_DONKEYDAN_MARKET_CAP:PYTH may get you to those project's airdrop in the future.
With all the many new projects tied to SOL and the strong interest in SOL itself, PYTH is leading the way out of the SBF/FTX jungle. Even when the lights went out (again), SOL managed to cling to its price. LLAMA Defi lovers can find SOLs activity. There has to be a plan B real world oracle crypto for a while at least. If Van Eck is right, and speed is...
$PYTH very good R:R here, reclaim on the falling wedge pattern, bulls got shaken out twice! put SL below falling wedge support GL
$PYTH really nice setup loading, descending channel break out and take profit on the green resistance line!
$PYTH has formed a rising wedge pattern which is a bearish pattern, do not get scared its ok, bitcoin recently invalidated 3 huge bearish patterns and increased in price, if we breakdown red line we short, if you are long use support red line as a SL guide
those who have been following, we absolutely nailed $PYTH shorting it, now we are going to try nail it longing it, but lets take some things into consideration before we position ourselves! We have the blue diagonal line as resistance, I have drawn a green line beneath it as an alert ready to trade the breakout, the thing is we are actually in a bearish pattern...
$PYTH many will probably dislike this chart, but I am just pointing out the obvious, there is two bearish patterns here and I have measured the targets, many will also say thanks in dm after! GL