Fundamentals:
Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.
PHALA trades in a rectangle, continuation pattern. Expecting the coin moving up with chances of hitting 10x from here, if the projection above the rectangle repeats. When POLKADOT moves it will bring its whole ecosystem with it.
TA factors:
1- Daily indicators totally oversold.
Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.
PHALA trades in a rectangle, continuation pattern. Expecting the coin moving up with chances of hitting 10x from here, if the projection above the rectangle repeats. When POLKADOT moves it will bring its whole ecosystem with it.
TA factors:
1- Daily indicators totally oversold.