PYTH Bulls Trapped? | Wyckoff DistributionYellow Paradisers! What if #PYTHUSDT has already completed its distribution and is preparing for the next markdown phase?
💎#PYTHUSDT is respecting a textbook Wyckoff Distribution. After forming a Buying Climax (BC), Automatic Reaction (AR), and multiple Secondary Tests (ST), price printed a UTAD (U
Compare with PYTHUSDT SPOT
PYTH: local squeeze with $0.06 destinationThe Macro Picture 🗺️
PYTH bottomed at $0.030 in June and has run a clean impulse back to $0.050 — a rising sequence of higher highs and higher lows. Momentum is firmly with the buyers: RSI is riding the upper band near 72, the sign of a trend that's being led, not faded.
The Setup ⚙️
The Momentum
#PYTHUSDT Forming Bullish Momentum#PYTH
The price is moving within a descending channel on the hourly timeframe. It has reached the lower boundary and is trending towards a bounce. A retest of this boundary is expected.
The Relative Strength Index (RSI) indicates a downward trend, and this trend is likely to continue due to the ov
PYTHUSDT Forming Falling WedgePYTHUSDT is forming a clear falling wedge pattern, a classic bullish wave signal that often indicates an upcoming breakout. The price has been consolidating within a narrowing range, suggesting that selling pressure is weakening while buyers are beginning to regain control. With consistent volume co
PYTH LONG SETUP + FUNDAMENTAL ANALYSIS1. Price tapped in to the Daily FVG and this propelled price to create a BOS - break structure
2. Price reverted to discount after delivering price to OB Monthly M.T (in yellow)
3. Price tapped into the H3/H4 OB
4. We have a discount CISD - false CISD hence delivery must be on the premium (our draw)
PYTHUSDT Forming Falling WedgePYTHUSDT is forming a clear falling wedge pattern, a classic bullish wave signal that often indicates an upcoming breakout. The price has been consolidating within a narrowing range, suggesting that selling pressure is weakening while buyers are beginning to regain control. With consistent volume co
PYTHUSDT 1D#PYTH is moving inside a falling wedge pattern on the daily chart. In case of a breakout above the wedge resistance and the daily SMA100, the potential upside targets are:
🎯 $0.04649
🎯 $0.05125
🎯 $0.05601
🎯 $0.06278
🎯 $0.07140
⚠️ Always remember to use a tight stop-loss and maintain proper risk ma
#PYTH Possible Scenario Primary Trend: Uptrend. Price action experienced a sharp bullish expansion starting around June 29, characterized by strong green consecutive candles making higher highs and higher lows.
Secondary Trend (Correction): A healthy pullback occurred after peaking near 0.03800. The asset retraced to test
PYTH/USDT — Short at Failed Recovery, [Quantum Algo]PYTHUSDT Perpetual
Context:
PYTH has been in a downtrend since the mid-June top at 0.040. After bottoming around 0.034, price staged a corrective bounce to 0.0385 — but failed to push higher. The recovery has stalled and rolled over, and now a fresh Sell signal has fired at 0.03534 as the downtrend
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of PYTHUSDT SPOT (PYTH) is 0.04349 USDT — it has risen 0.52% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing PYTH price chart.
PYTHUSDT SPOT price has fallen by −11.85% over the last week, its month performance shows a 32.32% increase, and as for the last year, PYTHUSDT SPOT has decreased by −66.42%. See more dynamics on PYTH price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
PYTHUSDT SPOT (PYTH) reached its highest price on Mar 16, 2024 — it amounted to 1.15339 USDT. Find more insights on the PYTH price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
PYTHUSDT SPOT (PYTH) reached the lowest price of 0.01000 USDT on Nov 20, 2023. View more PYTHUSDT SPOT dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying PYTH is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade PYTH right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for PYTHUSDT SPOT (PYTH): today its technical analysis shows the neutral signal, and according to the 1 week rating PYTH shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in PYTHUSDT SPOT trading ideas and keep track of what's moving crypto markets with our crypto news feed.
PYTHUSDT SPOT (PYTH) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, PYTHUSDT SPOT is estimated as 0.35% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about PYTHUSDT SPOT, you can find more inspiration in our curated watchlists.
You can discuss PYTHUSDT SPOT (PYTH) with other users in our public chats, Minds or in the comments to Ideas.









