Strong recovery 38% up today for Pyrin!
Reacting exactly at the bottom of the channel.
There is a possible 7x to the channel top.
If this bull market is anything like the past I think $PYI will break above this channel!
This is the PYRIN analysis using fibonacci retracement for the long term, using high levels
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PYI has broke the 0.1$ level, which is an important psychological barrier, the strength of the bullish momentum didn't let the price re-test it..
It is going parabolic as we can see from the chart, and the first potential target is around 0.2$ where if a trend is created it could lead very high..
Good trading!
The formation of the cup and handle is seen to target the 1.61 fib along with the extension of the cup.
It's a small MC so be careful with your stakes. He successfully retested the last breakthrough. Higher prices can be expected, even doubling the amount.
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