Pyth Network Chart Analysis Sets $0.08051 Hourly Breakout Level
Photo: TokenPost
A chart analysis published Wednesday, Oct. 21, set a completed hourly close above $0.08051 as the breakout condition for Pyth Network (PYTH). It listed Binance’s PYTH/USDT pair at $0.08040 and gave $0.08009 as the previous completed hourly close. Both readings were below the threshold. Under the setup, a move above $0.08051 during the hour would not qualify; the candle had to finish above that level. The analysis placed the hourly 200-period exponential moving average at $0.07967. For the daily chart, it listed exponential moving averages at $0.07832 (20-day), $0.07015 (50-day) and $0.05520 (200-day).
Source: TokenPost
