QubitLife

PHBBTC (05/05/2021)

Long
BINANCE:PHBBTC   Phoenix / Bitcoin
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.

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