PYTH - Leading up after a T.line break!PYTH is doing a great job, rising up and breaking the 0.4$ price level. If that level is broken then could lead the price towards 0.5$ and with a projected target of 0.8$ level.
the trend is a must in this case and volumes bars must to rise when price rise. Thus lets see.
Good trading!
PYTHUSDT trade ideas
Pyth - long - could be early!Pyth looks strong now after the initial airdrop sell off.
I think Pyth are preparing for a big move.
If we got really lucky (and BTC dump) I think we can find a nice entry at around 0.31. In that case we have potential 68% set up with 4.0 risk/reward ratio.
If you think Pyth is the "new Link" - It could also be a good time to DCA into Pyth...we are so early :)
forecast: Down, strong bouncesinitial position under water -9.14%
why? ta notes: upthrust pattern, buy on support (green Dashed-line)
point of failure: clean break to the downside. not up
hedge? short from here to test long stops
- scale orders vs continuation pattern following a clean break of short term structure
wtf?
PYTH LOOKS BEARISHIt has had a lot of liquidity pools in the upper range that has swept everyone away.
After hitting the main supply and then the mitigated supply, it seems ready to drop.
I specified the targets on the chart. I also specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PYTH "Riding the Wave: A Strong Buy Signal Emerges!"**Short Fundamental Analysis of PYTH Coin**
Pyth Network is a decentralized oracle network that provides real-time and reliable price feeds to smart contracts on various blockchains. It utilizes a unique approach to data aggregation, leveraging the feeds of reputable financial institutions and market makers. This ensures the accuracy and trustworthiness of the data provided to smart contracts, enabling the development of sophisticated financial applications.
**Key Highlights of Pyth Network:**
* **Real-time and high-frequency price feeds:** Pyth delivers real-time price updates at a frequency of up to 100ms, ensuring that smart contracts have access to the most up-to-date market information.
* **Reliable and trustworthy data:** Pyth's data aggregation process involves contributions from over 95 financial institutions and market makers, ensuring the quality and accuracy of the data provided.
* **Wide range of supported blockchains:** Pyth delivers price feeds to over 45 different blockchains, including Ethereum, Solana, Polygon, and Avalanche, enabling the development of cross-chain applications.
**Recent News**
* **Pyth Network Integrates with Chainlink:** In November 2023, Pyth Network announced an integration with Chainlink, a leading oracle network. This partnership will enable Pyth to provide its real-time price feeds to Chainlink users, expanding the reach and accessibility of its data.
* **Pyth Network Expands into Decentralized Exchanges (DEXs):** Pyth is actively expanding its reach into decentralized exchanges (DEXs), providing price feeds for various crypto assets. This integration will enhance the functionality and efficiency of DEXs, enabling them to offer more reliable and accurate pricing.
* **Pyth Network Partners with dYdX:** In December 2023, Pyth Network established a partnership with dYdX, a leading decentralized derivatives exchange. This collaboration will bring Pyth's real-time price feeds to dYdX, improving the trading experience and enabling the development of more sophisticated derivatives products.
**Disclaimer**
Please note that the information provided is not financial advice and should not be construed as such. The cryptocurrency market is highly volatile and risky, and past performance is not necessarily indicative of future results. Always conduct your own research and due diligence before making any investment decisions.
PYTH AIMS 25% HigherPYTH has been on a decent climb after a massive sell-off. It managed to reclaim the VAL after the retest of the trendline breakout. all bullish signs and with bitcoin providing a nice bullish pump into the weekend, it'll provide a bullish narrative to fuel the altcoins this weekend.
The levels are marked on the chart where I expect PYTH to have a retracement, until then, a long aiming for the VAH seems like the higher probability trade.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
PythUsdt {Breakout Alert}Im instant long entry here and will add more if price goes below..good project i think for me.
Personally i will target first TP at 0.6.. but i will look price reaction first based target on my chart..
hold only in spot. Dont go to future.if you do so, please take care of your money management.
Happy trading.Goodluck everyone. Diamond hands always win.
