Good morning my fellow trader, it is still early to get in on the Vulcan Forged (PYRUSDT) bullish wave. This wave will be big and we are looking at a high probability chart setup.
This chart setup is high probability because of the very strong signals present on the chart. Trading volume is very high on the bulls side. Bullish momentum keeps on growing; all the action recently has been full green.
The action is moving just now out of a long-term consolidation range. Above this range, we are in bullish territory. Once in the bullish zone, we can expect a strong advance to take place. This is it.
Notice how many of the pairs that were moving yesterday stopped moving and a new set of pairs join the top of the list. This dynamic will continue to unravel long-term. Corrections and retraces should be considered a buy opportunity.
When a pair advances and grows 100-300% in a matter of weeks, it tends to become dormant by going sideways or producing a small retrace. Then a new pair will grow while the other one sleeps. With thousands and thousands of Altcoins, there is always some pairs that are going up. At one point, there will be a marketwide advance, sort of like a mini bull-run. When this happens, a marketwide correction can follow and this one can last for a while. We are not there yet.
Since we cannot anticipate with exactitude when this will happen, we plan by taking profits once each resistance level that hits. Spot traders take profits at major levels, leveraged traders take profits on all levels.
It will get better and better in the coming weeks and months. 2025 will be the strongest we've seen since 2021 or maybe since 2017. There is the possibility we will go through the strongest bull-market in the history of Cryptocurrency.
Thanks a lot for your continued support. Remember to follow.
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