Glossary · Buy target

Buy target

The price you'd be happy to buy at. When the market drops to it, NythosX fires an alert. Think of it as your 'this is a good deal' line.

What Buy target means

The price you'd be happy to buy at. When the market drops to it, NythosX fires an alert. Think of it as your 'this is a good deal' line.

An example

If BTC trades at $80,000 and your buy target is $73,000, you'll be pinged when the price falls to $73,000 or below.

How NythosX uses it

Buy target is one of the primitives NythosX Market Alerts works with. Every instrument in your watchlist can have a target attached, and NythosX polls the live price every fifteen minutes to check whether the target has been crossed. When it has, you get an alert on email, Telegram, Discord, Slack, or your own webhook — the same alert, dispatched in parallel to every channel you've enabled.

Why it matters

The point of a target is to remove the decision from the moment. When you are looking at a chart, you are emotional: every pullback looks like the beginning of a crash, every green candle looks like the start of a rally. A target is a decision made by the calm version of you, that the anxious version of you has to respect.

NythosX does not execute trades. It does not connect to your exchange account. It does not ask for API keys. It watches public prices and it pings you. What you do with the alert is entirely your call.

Related terms

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