VULCAN FORGED (PYR) - PYR/BTC

- BTC (-)

- Real time data - CoinMarketCap

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Type:	Cryptocurrencies
Ticker:	PYRBTC
ISIN:

VULCAN FORGED (PYR) - PYR/BTC - Daily - Technical analysis published on 10/29/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 0.000117 BTC

My targets

0.000126 BTC (+2.44%)

0.000140 BTC (+13.82%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on VULCAN FORGED - PYR/BTC as long as the price remains well above 0.000117 BTC. The buyers' bullish objective is set at 0.000126 BTC. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.000140 BTC. If there is any crossing, the next objective would be the resistance located at 0.000166 BTC.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

5.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by SprangsOpportunities. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The VULCAN FORGED - PYR/BTC rating is 0.000123 BTC. On the day, this instrument gained +4.24% and was between 0.000116 BTC and 0.000127 BTC. This implies that the price is at +6.03% from its lowest and at -3.15% from its highest.

0.000116

0.000127

0.000123

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this VULCAN FORGED - PYR/BTC chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.000096	0.000104	0.000117	0.000123	0.000126	0.000140	0.000166
Change (%)	-21.95%	-15.45%	-4.88%	-	+2.44%	+13.82%	+34.96%
Change	-0.000027	-0.000019	-0.000006	-	+0.000003	+0.000017	+0.000043
Level	Major	Intermediate	Intermediate	-	Minor	Major	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000097	0.000103	0.000111	0.000117	0.000125	0.000131	0.000139
Camarilla	0.000114	0.000115	0.000117	0.000118	0.000119	0.000121	0.000122
Woodie	0.000097	0.000104	0.000111	0.000118	0.000125	0.000132	0.000139
Fibonacci	0.000103	0.000109	0.000112	0.000117	0.000123	0.000126	0.000131

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000052	0.000075	0.000096	0.000119	0.000140	0.000163	0.000184
Camarilla	0.000106	0.000110	0.000114	0.000118	0.000122	0.000126	0.000130
Woodie	0.000052	0.000075	0.000096	0.000119	0.000140	0.000163	0.000184
Fibonacci	0.000075	0.000092	0.000102	0.000119	0.000136	0.000146	0.000163

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.000073	0.000092	0.000103	0.000122	0.000133	0.000152	0.000163
Camarilla	0.000106	0.000109	0.000111	0.000114	0.000117	0.000120	0.000122
Woodie	0.000069	0.000090	0.000099	0.000120	0.000129	0.000150	0.000159
Fibonacci	0.000092	0.000104	0.000111	0.000122	0.000134	0.000141	0.000152

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	64.01
MACD (12,26,9):	0.0000
Directional Movement:	28.847872
AROON (14):	42.857143
DEMA (21):	0.000110
Parabolic SAR (0,02-0,02-0,2):	0.000107
Elder Ray (13):	0.000011
Super Trend (3,10):	0.000096
Zig ZAG (10):	0.000123
VORTEX (21):	1.0710
Stochastique (14,3,5):	50.69
TEMA (21):	0.000114
Williams %R (14):	-37.50
Chande Momentum Oscillator (20):	0.000024
Repulse (5,40,3):	5.7461
ROCnROLL:	1
TRIX (15,9):	-0.2403
Courbe Coppock:	19.66

MA7:	0.000113
MA20:	0.000106
MA50:	0.000113
MA100:	0.000116
MAexp7:	0.000114
MAexp20:	0.000109
MAexp50:	0.000112
MAexp100:	0.000115
Price / MA7:	+8.85%
Price / MA20:	+16.04%
Price / MA50:	+8.85%
Price / MA100:	+6.03%
Price / MAexp7:	+7.89%
Price / MAexp20:	+12.84%
Price / MAexp50:	+9.82%
Price / MAexp100:	+6.96%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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