📢 TRADING SIGNAL: $PYR / $USDT
🟢 Address: LONG
📊 Confidence: 72.3%
📉 Technical analysis:
The technical structure indicates a confirmed Triple Bottom pattern, supported by an RSI at 63.63 showing bullish strength and a bullish crossover in the MACD (0.0001). Although the trend in 4h is bearish, the price has broken above the upper Bollinger band by 0.0687 and maintains a buy absorption volume, trading above the EMA20 (0.0639) and EMA50 (0.0659).
🎯 Trading levels:
🟢 Entry: $0.068
🛑 Stop Loss: $0.062
🏁 TP1: $0.076
🏁 TP2: $0.078
🏁 TP3: $0.082
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
It is vital to watch support at $0.068 to validate the entry, with the main risk being the bearish pressure of the macro trend in 4h if the price loses that support level.
#crypto #PYR #trading
🟢 Address: LONG
📊 Confidence: 72.3%
📉 Technical analysis:
The technical structure indicates a confirmed Triple Bottom pattern, supported by an RSI at 63.63 showing bullish strength and a bullish crossover in the MACD (0.0001). Although the trend in 4h is bearish, the price has broken above the upper Bollinger band by 0.0687 and maintains a buy absorption volume, trading above the EMA20 (0.0639) and EMA50 (0.0659).
🎯 Trading levels:
🟢 Entry: $0.068
🛑 Stop Loss: $0.062
🏁 TP1: $0.076
🏁 TP2: $0.078
🏁 TP3: $0.082
⚖️ Risk/Reward ratio: 1:1.33
⏱️ Timeframe: 1H
📐 Confluence: 4/5
It is vital to watch support at $0.068 to validate the entry, with the main risk being the bearish pressure of the macro trend in 4h if the price loses that support level.
#crypto #PYR #trading