Pyth Network (PYTH) 150% falling wedge

On the above 2 -day chart price action has corrected 75% since the month of March. A number of reasons now favour a long position, including:

1) Price action and RSI resistance breakouts.

2) Trend reversal. Higher highs higher lows.

3) Support on past resistance.

4) The falling wedge confirmation forecasts an 150% extension.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: medium
Timeframe to long: This month
Return: 150%

İşlem aktif

Past resistance confirms support.
Did you buy the dip in preparation of the rip?

without_worries

patreon.com/withoutworries

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.

without_worries

patreon.com/withoutworries

Aynı zamanda::