TradingView
CRYPTOMOJO_TA
Sep 16, 2023 11:03 AM

PHB: breakout this falling wedge pattern! Long

Phoenix / TetherUSBinance

Description

Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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I post short mid and long-term trade setups too.
Let’s get to the chart!

I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.

#PHB/USDT

After a long time, PHB breaks this 208D-long Falling wedge pattern in the 1D time frame.
But we still need a retest of this pattern to conform this pattern.
IMO, it looks good to buy in a spot with a SL if any candle closes below the upper support of this pattern.

If everything goes well, we can expect a good return in the upcoming bull run.

This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.

Thank you

Comment


Now ready to go long
Comments
DeGRAM
Thank you for the trading idea.
CRYPTOMOJO_TA
@DeGRAM, Welcome
WalterMoon
Quality Post, Thank you brother for showing us this details, I didn't saw it earlier
CRYPTOMOJO_TA
@WalterMoon, Welcome
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