By examining the chart data, we found that PYTH has completed a large degree pattern. This pattern is related to wave A. This pattern has lasted for about 250 days.
It is expected that wave B is also a pattern of the same degree as wave A. It means about 200-250 days.
The supply range is the best range for sell/short positions.
Note that in order to take a position, one must have a trading setup and this is only a medium-term view for PYTH.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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