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Technical analysis by ssmog369 about Symbol PI: Buy recommendation (5/3/2025)

https://sahmeto.com/message/3473983
ssmog369
ssmog369
Rank: 160
3.3
Buy،Technical،ssmog369

After a strong rise in price and volume Pi coin is now showing stability at its golden pocket. considering weekends having slow volumes and range bund price action, Pi coin is also expected to maintain the price range of 0.58-0.59. however aligning with pricing of btc and near weekly close it price expected to pump till .7 or above. its ADX is trending at 4hrs and daily, its stoch rsi is about is bottoming. rsi showing multiple divergences at 4h and LtF. it is forming butterfly pattern with expected "C" at 0.5603, but as it is showing strength at golden pocket so it is expected to go above from here that is 0.5833. that is why I suggest 3 entries for average pricing and avoid missing any opportunity.Thus take entry with confluences like1.BTC bottoming at 4h2. weekly close3. rsi golden cross4. C leg of harmonic butterfly5. bottoming of stoch rsiHere is the setupentry 1. 0.5833 10% of ur investmententry 2. 0.5606 30%entry 3. 0.5496 %SL 0.54Tp1. 0.576Tp2. 0.614Tp3. 0.6685Tp4. 0.702Tp 1 busted2nd and third TP busted, my trade is stll active although tradingview has no furtuer option for active trade. it is not closed yet

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$0.702
Stop Loss Price
$0.54
Price at Publish Time:
$0.58246
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