PYRUSDT.P trade ideas
PYRUSDT is trying to have a breakout PYRUSDT is trying to have a breakout from the descending channel.
IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
PYR/USDT - FinalLooking at the latest hype around crypto gaming we were looking for upcoming and undervalued crypto gaming projects.
One that didn't run yet was Vulcan Forged. This project offered everything; from a platform and marketplace to its own games and dex.
The next step was evaluating where to enter using TA on its native token; PYR.
Deriving the entry we entered around $3.30 and rode the bull up until $48 resulting in more than 1000% gain.
The key here is taking profits at prespecified places, but don't you worry, we will guide you on how to enter and exit the market the right way.
PYRusdtTHERE is also on Binance
On timeframes, 4,6,12 hours, you can notice divergences, but it all depends on the cue ball, the bottom is there or not (whether the rsi divergences will work on the 4th and bottom or not).
Therefore, I assume the most likely reduction to 16.5, at least.
However, the correction scenario to 10 also takes place if the cue ball goes lower. At this level, at least a rebound looks more natural from the fibo values, as well as a "return" to the channel. Hidden divergences may form at this level.
Definitely, it's better to wait at least 16.5 for now.
Vulcan Forged Price AnalysisThe Vulcan Forged Price responded promptly to the news, as you would anticipate. The SPY token lost over 30% intraday prior to ricocheting to $22.00 (- 18%). Be that as it may, regardless of the bounce back, selling tension might continue when US brokers arise today.
The most significant risk for longs is on the off chance that the value breaks underneath the December fourth low of $16.30. On that occasion, an augmentation towards $10.00 looks conceivable.
On that premise, my recommendation to those considering purchasing PYR tokens is to hold on until the current circumstance is settled.
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