Got into a PYTH long. The current trading range is pretty clean and so is our invalidation.
From a general perspective expecting us to get to a minimum of 1$.
Using the FIB for price discovery as Bybit does not have more pa. (unfortunately).
This is a longer term trade from my perspective so let's see how it plays out.
Entry 0.4220$
TP 1$
SL 0.3340$
Will leave this trade play out and come back to it if we get anything interesting in the coming weeks.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
From a general perspective expecting us to get to a minimum of 1$.
Using the FIB for price discovery as Bybit does not have more pa. (unfortunately).
This is a longer term trade from my perspective so let's see how it plays out.
Entry 0.4220$
TP 1$
SL 0.3340$
Will leave this trade play out and come back to it if we get anything interesting in the coming weeks.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.