PHAUSDT.P trade ideas
Phala Logarithmic ChannelPhala does not have enough history under its belt to get a very accurate channel, but with what we have so far this is the best that can be done. I have also outlined the areas of major support channel and major resistance channel. Definitely a great project with a massive amount of potential. If the support holds here it will confirm this channel and give us the green light.
PS: I created this channel for Phala back in July of 2021 and has so far been respected very well. The only thing it has not tested yet with confirmation is bottom of the channel which it is doing as I make this post. Once we have this confirmation of support (which so far seems to be respecting it) we will confirm this channel.
PHA for long termI have seen some positive signs on this currency and I think it is suitable to enter from these prices. Entering is your personal responsibility and you should think well before that, also the stop loss depends on you and your personal vision
All target prices are shown in the drawing
phaJust an idea, not super confident with it; however, it would appear that the inverse pha (crypto) chart looks like a cup and handle . It's messy but the cartoon will do it justice. Around cents is a reasonable short term target, then, hopefully way down to for the inevitable long and prolonged bear market. Also, if my wave counts are correct...pm PST, we are in a initial wave to the upside with a correctivewave to follow. A impulsive 5th wave of shorter length to the upside will complete the first phase of this bull rally, and a ABC correction will follow in a perfect world. If this does play out, then aroundwould be a reasonable target.
🔰PHA- expecting breakout attempt soonBINANCE:PHAUSDT is on the way to 0.33x area to test dynamic and static resistances as well as EMA 100; and possibly try to break out from the channel. But rejection from this level shouldn't come as a surprise either.
If we see a successful breakout, we can expect further continuation to the upside in the near future (too early too speculate)
Long term targets would be then:
0.33
0.40
0.53
0.59
0.74
1.05
1.23
1.45
PHA/USDTPHA/usdt has broken out of the consolidation phase and is facing trendline resistance. Break above will take the price towards 0.46 and 0.6. Keep this in the watchlist.
🆓Phala Network (PHA) Feb-12 #PHA $PHA
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.28$ zone
🔴Buy : 0.3 - 0.28
🔴Sell : 0.4 - 0.5 - 0.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.28$ zone
🔵Sell : 0.28
🔵Buy : 0.24 - 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Phala.Network vs Tether Goes Bullish | 300% Potential ProfitsWe have a situation with Phala.Network where both pairs are looking bullish now, the PHABTC and PHAUSDT.
This is PHAUSDT (Phala.Network vs Tether) on the daily timeframe.
We have a high volume breakout that pushed prices above EMA10/21, EMA50 is still being challenged today.
Seeing the strong RSI and how the PHABTC pair is going, we can expect this one to follow (green arrow).
Nice target at 300% but we can first at 20%, 30%, 50% or so... We secure our trade, rebuy and reload and then wait for some more.
You can find additional details on the chart.
Namaste.
PHAUSDT Medium term analysisWe have three points to buy for Medium term
1- FTR
2- The end of the classic weekly level that was break out
3- Room to run.
Everything on the chart.
It's not financial advice.
Do not Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
HUOBI:PHAUSDT
Phala Network ( PHA ) formed bullish Gartley for upto 83% moveHi friends, hope you are well and welcome to the new trade setup of Phala Network ( PHA ) coin.
Previously we had a nice trade of PHA:
Now on a daily time frame, PHA has formed a bullish Gartley pattern.
$PHA WILL GO UPnote that:
-the great green candle resulting from the big volume column gave us a buying zone(green hatched zone).
now we are on the support line and retest it so many times, so i think it is an accumulation zone.
-the volume is great .
-there is a bullish divergence with RSI
-ascending MACD
all this means we are going up
hold on
Not buying PHALA, but watching for signsSame analysis as watching NULS; possibility of a reclaim and temporary quick pump. Totally possible for this thing to nuke to hell but its worth looking for signs of strength.
Bullish Wave countHi traders!
I have found clear Elliot Wave bullish impulse on PHALA
Could be the start of new powerful upside movement
Keep on watching
Trade safe
PHAUSDT - 4Hsee and watch :)
After breaking the trendline and pullback, it seems to be a good area to enter ...
PHA-USDT Trade Setup#PHA is one of the bests on Web. 3 space.
Good R:R trade here with a lot of upside potential.
