PYRUSDT.P trade ideas
Golden opportunity (PYR)- long Vulcan ForgedDon't overcomplicate things. This is buy zone for PYR?! Just have some patience and PYR will with high probability hit the top of the range (50%-profit) within a couple of months. I have high conviction of a great future for PYR and now it's a great timing to pick up some more PYR.
PYR enter phase DSep 4
PYR textbook Wyckoff accumulation which has almost completed. Entering Phase D and now waiting on the SOS(sign of strength) to take price above the $5.5 range up to $7. This range might already be tested this month as a lot of news, collabs,.. announced for Vulcan Forged in September!
Possibility to retest the high $3 range before continuation after confirmation. If you haven't accumulated PYR that would be a good entry, otherwise wait for the LPS(Last point of support) and BU(back up) phase for confirmation.
Confirmed break out can take price up to the $15-$20 range in the coming months.
$PYR$PYR/USDT
On the Daily timeframe level, the price action of NASDAQ:PYR bounced back from its Support Trendline level and broke out its Horizontal Resistance level and MSS which changed out the Trend pattern and took out the 1st Buy SIde Liquidity
While pumping up the price action left out the Fair Value gap level marked with the eye symbol
We can see the correction level till its Horizontal Support level and inside the FVG gap level before any further upward movement
PYR breaking out of 420D accumulation rangeHello Traders,
After GALA drama, PYR wants to get out of the 420D accumulation range. It could be the best coin to buy and hold in September for a good profit.
Keep an eye on it.~$5.3 is a key resistance.
Please hit the boost button and follow me for more ideas.
Thanks
$PYR Performed Bullish Symmetrical BREAKOUT DONEWhat is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
#PYRUSDT: Sentiment Shift Underway💎A notable change in sentiment is unfolding for #PYRUSDT following the breakthrough above the downtrend trendline. Since then, the previous support has once again become a demand zone. Over the past 7 days, there have been multiple rejections near the $3.00 psychological support level, emphasizing the vigorous defense by bulls.
💎Additionally, the current price position is situated at the bottom of an ascending channel, presenting an intriguing entry point for potential buyers. Anticipate a potential 24% price increase within one or two weeks, as the primary resistance lies near $3.80, coinciding with a double Fibonacci resistance area.
💎While some attempts by #PYR to test lower levels or produce temporary spikes below the support level may occur, it is crucial to monitor the $2.95 level as a key invalidation signal for the bullish scenario. Bulls remain in control as long as the price remains above this level.
Stay vigilant and seize the opportunities, Paradisers! 🌴
PYR/USDT - Vulcan Forged: T.Line_Breakout_Confirmation◳◱ A Trendline Breakout and Confirmation has been noticed on the $PYR / $USDT chart. A big bullish candle has verified the price's break over a significant resistance level, which suggests the beginning of a prospective bullish trend. The next resistance key levels are located at 3.94 | 4.29 | 4.89, and the major support zones can be found at 3.34 | 3.09 | 2.49. Consider buying at the current price range of 3.58 and aiming higher.
◰◲ General info :
▣ Name: Vulcan Forged
▣ Rank: 266
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Media and Entertainment - Gaming
▣ Overview: Vulcan Forged is the creator of VulcanVerse, an open-world massive multiplayer online role-playing game (MMORPG) with an ecosystem powered by their native token PYR. They also operate an NFT gaming studio, marketplace, and dApp incubator. The project aims to support the creation of blockchain games through incubation programs and crowdfunding.
◰◲ Technical Metrics :
▣ Mrkt Price: 3.58 ₮
▣ 24HVol: 1,443,237.028 ₮
▣ 24H Chng: 7.508%
▣ 7-Days Chng: -2.95%
▣ 1-Month Chng: -5.23%
▣ 3-Months Chng: 33.29%
◲◰ Pivot Points - Levels :
◥ Resistance: 3.94 | 4.29 | 4.89
◢ Support: 3.34 | 3.09 | 2.49
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.72
▣ Last 90D: 1.26
▣ Last 1-Y: -0.37
▣ Last 3-Y: 1.33
◲◰ Volatility :
▣ Last 30D: 0.88
▣ Last 90D: 0.91
▣ Last 1-Y: 1.19
▣ Last 3-Y: 2.66
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.59 - Bullish
▣ Reddit sentiment score is 0.56 - Bullish
▣ In-depth PYRUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -