PYTH - Daily Shortterm Trend & Support/Resistence Trade Signal PYTH now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 Trend: Bullish 🚀 🟢 Support: $0.4 🟢 Target: $1.5 ------ Current: $0.46Longby MarketIndexTraderUpdated 2210
Huge Unlocks ---- PYTHIn the next few hours, $825.5m worth of PYTH will be unlocked, releasing tokens equivalent to 141% of the current circulating supply. Different from ChainLink which has PUSH mechanism, as a representative of PULL mechanism, PYTH has developed rapidly in the past year. Nearly 200 protocols currently use PYTH as oracle. And as the demand for high-frequency data such as perpetual transactions or option transactions increases, the advantages of the PULL mechanism become more obvious. Fundamentally, PYTH has good development prospects. But from a valuation perspective, PYTH's FDV has reached $4B. Already far more than many other oracle tokens except LINK. Therefore, after huge number unlocks, the value may be revalued. We mentioned similar logic in our previous article about SUI. It can also be seen from the price trend that the PYTH dropped significantly when the huge unlocks is approaching. It is currently lower than TGE's closing price. Looking at the TSB indicator, PYTH is also experiencing a bearish trend. The column cannot even touch the wavy area. Therefore, PYTH may maintain a bearish trend for a long time to come. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.by sypool-AI-TradeGenius11
$$$$PYTHUSDT FALLING WEDGE BREAKOUT@@@Dear Traders, We are convening a discussion focused on #PYTHUSDT 📊Time Frame:1D THE Falling Wedge Pattern Breakout Has Already Done ✅ So,I Expect a Bullish Move of 50% in Coming Days🚀 Regards: AnnaTradeCharts #Bitcoin #Crypto #Ethereum #Cryptocurrency #CryptoTrading #BTCUSDT #ETHUSDT #ALTCONS #USDT CRYPTOCAP:BTC CRYPTOCAP:ETH CRYPTOCAP:USDT CRYPTOCAP:PEPE CRYPTOCAP:DOGE NASDAQ:ALT Longby annatradecharts1121
Long term positionSEED_DONKEYDAN_MARKET_CAP:PYTH looks very promising right now, and I believe it has likely completed wave 2. In the short term, there may be price volatility due to the massive token unlock happening on the 20th. If this occurs, SEED_DONKEYDAN_MARKET_CAP:PYTH should not fall below its previous support level at $0.4. If this support holds, a double bottom signal could emerge, pushing the price upward. You might want to wait for certain signals, such as the formation of a double bottom or a bullish divergence, before deciding to open a long position.Longby ALandz_NTTs4
PYTHUSDT UPDATE #PYTHUSDT UPDATE Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about PYTHUSDT Falling wedge breakout done in 12h Time frame ✅ Expecting 70%+ profit in coming days 📈Longby Alex_Crypto_hub4
Good for Long TermThe Pyth Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities. The network comprises some of the world's largest exchanges, market makers, and financial services providers who contribute their own price data for use by smart contracts. Participants in the network include Binance, OKX, Jane Street, Bybit, Cboe Global Markets and more. The Pyth oracle program aggregates their data on-chain to guard against inaccuracies and manipulation. Finally, the protocol allows users to "pull" the latest price onto their blockchain when needed. In less than a year since the launch of the cross-chain pull oracle, the network has secured over SEED_TVCODER77_ETHBTCDATA:1B in total value. The Pyth Network has been used by over 250 applications to secure $100B in trading volume. Integration with Pyth Price Feeds is permissionless.Longby Gul_Ahmad1
Testing a 4hr support zone nowThis very well could just be a relief bounce straight up the EMA, but there is such a nice gap between here and that EMA. its worth the risk off this level. POC and price support holding price up currently. Longby VaulTradeous0
Pyth network ideaPyth network has finished wave 1 at fibo distance 2.618 and if measure extension will get extension at distance 200% and 261.80% if bitcoin continues to go down, if the down can end at that 2 distance if you think the up market will come back. It might be like this. Longby Surrendgods1
H&SBig token unlock coming in about 10 days. Release of 2.13 billion PYTH tokens which is more then half of the PYTH total supply in circulation. This can ad some sell pressure on the token Head & shoulder pattern with a target of $2.6 Shortby NiVaGu333
#PYTH/USDT#PYTH The price is moving in a bearish channel pattern on the 4-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level of 0.4220, which is a strong level We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.4380 The first target is 0.5146 The second target is 0.5747 The third target is 0.6550Longby CryptoAnalystSignal3
PYTHUSDT short - 4h time frame analysishello traders Expecting PYTHUSDT to retest the resistance and get rejected again. A pullback towards 0.6250 to create higher low is likely and from there we may see more upside again Entry, target and stop loss are shown on the chartShortby vf_investmentUpdated 114
PYTHUSDTI checked the Python currency in the chart, it can give a very good profit. If this damn bitcoin goes down, I entered the position from the price of 0.495.Longby daniyalfooladi4Updated 335
PYTH - Possible stop huntDon't even know the purpose of this coin, all I care about is the chart. That being sad, this dip below those equal lows could turn into a stop hunt, which is typical for market behaviour, especially for cryptos. These trades usually have the highest risk/reward because you can simply place a very tight stop below the wick and just let it ride. Punted a long here. Stay safe!Longby TV2880
PYTH taget $1.45 (perp)4h time frame - TP: $1.4~$1.53 SL: $0.426 - PYTH follows the Elliott 2nd wave with being sold off since $1.15, but got support from the structural support zone and 0.382 Fibonacci projection, both form a robust bottom at $0.5 so far. If PYTH goes the assumed path, I can say next big pump, made of Elliott 3rd wave, is following and will bring PYTH to make ATH soon. It is hard to estimate critical resistance once PYTH goes over $1.15, so we can use Fibonacci tool to set up the target to profit around $1.4~$1.53, which RRR is over 8. - Refer to link below if you're interested in my perspective of Bull High of PYTH. Longby EthanTW10
📊#PYTH will rise according to the double bottom structure📈🧠A double bottom structure was constructed in the buy zone. The ideal target zone of this structure has not yet been realized, and the price has returned to the buy zone again, so there is a high probability that we will start to rebound from here.🚀 ⚠️Don’t forget risk management💯 ✔️Trade safe✔️ 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯Longby wolf_king8884
#PYTH/USDT#PYTH The price is moving in a downtrend on a 4-hour frame After bouncing from a major support area in green at the $0.5000 level We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI that is about to break higher Entry price is 0.5700 The first target is 0.6700 The second target is 0.7700 The third goal is 0.9000Longby CryptoAnalystSignalUpdated 4
#PYTH/USDT breaks the Diagonal Trendline in 4-Hour TF!#PYTH/USDT breaks the Diagonal Trendline in 4-Hour TF! SEED_DONKEYDAN_MARKET_CAP:PYTH is heading towards a retest, Wait for a successful retest to long #PYTHUSDT. In case of a successful retest, I am expecting a bullish momentum. @CryptoNoan your thoughts on it would be appreciated. Longby TraderAAG4
PYTH target $134h time frame - PYTH has sold off rapidly in the early of April, and saw lows of $0.48. From perspective of TA, PYTH is correcting with the 2nd wave of Elliott impulse wave that is great for accumulation of momentum to build the 3rd wave. $0.48 aforementioned is also the corresponding support zone to the price zone built in Feb. In conclusion, $0.48~$0.58 are a good zone to enter, and target is put on $13 once the bull starts. - Bull target: $18~$20Longby EthanTW2210
PYTHUSDT : bULISH ON IT PYTHUSDT : bULISH ON IT Entry : => 0.5xxx Happy trading for u all and remember this is not a financial advice Longby BlackKiteTrader3
PYTH 1-2 SetupThe PYTH NETWORK 1-2 setup is currently unfolding. Wave-1 concluded its upward movement on March 18th, and we are now in a downward Wave-2, for which I've included a 0.88 Fibonacci level due to volatility. You can begin scaling into support and scaling out at resistance. Once Wave 2 concludes, I will provide the price target for Wave 3, now assuming Wave 2 has bottomed out. On a micro level, we're in Wave a of 2, anticipating Wave b of 2 and eventually Wave c of 2 heading downward, although the micro structure may shift. This setup offers a lower risk compared to the 4-5 setup for other altcoinsLongby WaveFibs1
PYTH Best Spot Opportunity PYTH Best Spot Opportunity We bounce from strongest support zone. This thing will break through the sky. See you on the another planet 😎Longby EtoYa7770
Alikze »» PYTH | Penetration below the resistance zone🔰 The PYTH Network is the largest and fastest-growing first-party oracle network. Pyth delivers real-time market data to financial dApps across 40+ blockchains and provides 380+ low-latency price feeds across cryptocurrencies, equities, ETFs, FX pairs, and commodities. 🔰 The currency of the PYTH network has faced supply in the 4H and 8H time after an upward trend in the resistance range, which currently, due to the fact that it has penetrated below the resistance, it can face any higher supply and up to the green box area of this correction. 🔰 to continue But if the resistance zone and the dynamic trigger break, it can continue to grow until the next supply zone. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»««« Shortby alikzeUpdated 112
PYTH/USDT Long Trading Opportunity!#PYTH/USDT SPOT LONG ENTRY Leverage: 1x Entries: $0.8536 Take profit 1: $0.9062 Take profit 2: $1.0065 Take profit 3: $1.1408 Stop Loss: $0.7531 NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk! Thanks The sroced. BINANCE:PYTHUSDT Longby srocedtrading3