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 which is an ascending channel and we can come down to .39, confirmation of that would be breaking down from the red line, and invalidation of it will be breaking the resistance of the white line of the channel.
Set alerts and lets find the best entry to long this, I honestly do hope we come down to .39
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 which is an ascending channel and we can come down to .39, confirmation of that would be breaking down from the red line, and invalidation of it will be breaking the resistance of the white line of the channel.
Set alerts and lets find the best entry to long this, I honestly do hope we come down to .39