weslad

PYRUSDT trading idea

weslad Updated   
BINANCE:PYRUSDT   PYR / TetherUS
PYRUSDT experienced a price breakout from the downtrend trendline, and since then, it has been trading within a range that has lasted over 329 days. Our strategy is to patiently wait for the next breakout, with targets for both sides of the breakout displayed on the chart.

We plan to monitor the price action within the current range, paying close attention to the range high and range low levels. Wait for a decisive breakout from the range in either direction.

If the price breaks above the range high, consider entering long positions targeting the upside breakout levels shown on the chart. and If the price breaks below the range low, consider entering short positions targeting the downside breakout levels shown on the chart.

It's important to note that the longer the price remains in the range, the stronger the potential breakout could be.
Trade active
Trade active:
Breaking out of 531 days of accumulation

Trade active
Trade active:
Upside breakout occurred, we should wait patiently for the upside target.


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