PHBBTC trade ideas
PHBBTC (05/05/2021)On the 1W chart, the price of PHBBTC has formed a falling wedge, the border of which the price has already successfully crossed.
Also, the upward movement was accompanied by increasing trading volume, which indicates a strong bullish sentiment.
On the 1D chart, the PHBBTC price has corrected to the level of 50% by Fibonacci, where solid support has been established.
At the moment, a possible initial growth impulse has been formed, which may become the beginning of the continuation of growth.
We recommend buying PHBBTC at current prices to keep the position above 0,000001.
PHB/BTC Retracement possibilityIm not eligable to post links in my updates to the other chart so I created a new one to show the possibility of retracing to 13 sats before further rise. If 5 waves are in AND if BTC doesnt play ball, its very possible that we tap 13 sats where golden pocket AND Daily 50 & 100 MA are located.
The golden cross that will happen soon with 50 and 100 MA are often tested as support. As I mentioned in the previous update, we got a green kumo twist on the cloud and these two MAs WILL cross bullishly. So just a matter of time. If we dont tap 13, great...just saying its possible that we do.
PHB at accumulation zonePHB is now trading at the long accumulation zone. There is a lot of accumulation is done in this zone and we already see a good rally in PHB. PHB is now preparing for the second rally. PHB staking is started on the BSC chain to farm tokens, which will reduce the supply from the market.
Buy Zone: 36-37
Target: 41-44-49-55-61-66-71-79-85-92-99
Big Potential for Red Pulse Phoenix Binance / Bitcoin 120Hello traders, Red Pulse Phoenix Binance / Bitcoin is in a bullish configuration in a descending triangle with a signal of increasingly low and a decline in the volume traded in this compression. RSI is above 50.00 it has come to test support and is in an underbought area so we should have to make a move with upside potential. And a MACD heading towards zero it is quite possible that the triangle is used as support on the false signal at (D) to make a retracement. Before going to check the resistance office to have a better entry after the waves of ELLIOTT if the market demand does not change.
Confirmation of a new smart money return on the next resistance for after moving to the next lower leg to return to more dynamic price. See price behavior react to this area of resistance by maximizing your profits under this pressure in order to decrease risk and reduce exposure to short term long term positions in this interest. After that, check the future market sentiment for this third quarter by counting the return of volatility. All of this is available for free, please give me a hand if you like this job.
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PHB ready for another leg upPHB is now forming a triangle and now at the support line. Phoenix Global team is working on the developments and partnerships of the project. PHB recently deployed on the Binance smart chain and staking pools are confirmed. Phoenix Oracle beta version is about to launch in the coming weeks. PHB is now running on the testnet and the team is working to roll out the Phoenix mainnet update.
Buy Zone: 51-52
Target: 58-64-69-76-83-90-98-107-118-133-147-159-174
PHB forming symmetric triangle PHB is now forming a symmetric triangle and now at the support line. Phoenix Global team is working on the developments and partnerships of the project. PHB recently deployed on the Binance smart chain and staking pools are confirmed. Phoenix Oracle beta version is about to launch in the coming weeks. PHB is now running on the testnet and the team is working to roll out the Phoenix mainnet update.
Buy Zone: 53-54
Target: 59-64-69-76-83-90-98-107-118-133-147-159-174
PHB perfect cup and handle PHB formed the perfect cup and handle pattern and now retesting the support line. PHB team recently launched the alpha version of oracles and soon will roll over the beta and full launch of oracles. We all see how oracle and low sats coins are pumping in this altseason and expecting the same with PHB.
Buy Zone: 22-23
Target: 26-29-32-35-38-41-45-49-55-61
PHB/BTC Short term scenariosYellow or Purple? One slightly more extended the other but perfectly reasonable taking TA and FA into consideration.
TA wise we have 50 Week MA at 25. Close above that (next week?) should take us 10-20 sats up for end of wave 3. PHB is STILL the cheapest coin on Binance and are lagging behind most in terms of sats which gives it plenty of room to grow the next coming weeks.
FA wise we could go much higher because of the release of Horizon platform by the team...this month or early next. You will need to stake PHB to obtain HZN. Marketing for this has not yet even started and its built on Binance Smart Chain.
Will update here on weekly close tomorrow.
If PHB close above 42..then.. u know what i mean This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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