Pattern: Bullish Megaphone on 1D.
Signal: Bullish as the price is rebounding above the Higher Low trend line and the 1D MA50 with the RSI on a rising channel.
Target: 0.00000220 (based on the symmetrical structure it is following on the recent Highs).
buy : 80 - 85 ( strictly use very low portion of your portfolio) 86 for risk taker
stop : 74
target : 90 + open
btc is having head and shoulder like structure so keep you sl close will buy keep sl close buying 85 than sl 82 that's it it's close
Red Pulse Phoenix is currently in a strong uptrend after weeks of consolidation.
Before resuming the uptrend, i'm expecting PHB to retrace to our Buy Zone based on Fibonacci Retracement.
Long from 0.00000103 - 0.00000092 BTC.
Leave a thumbs up if you like my idea and let me know what you think!
This will keep me motivated :-)
Any opinions, chats,...
In French Version we speak about $PHB before breaking the range.
3 versions for $PHB:
- Orange : Range
- Red : Breaking Down
- Green : Breaking Up and green Targets
$PHB breaking up following the green way
Not a Financial Advice
Breaking from ~78 sats resistance level with increasing volume..
I would aim for an entry as closer as possible to invalidation level for a target at ~100sats (25%+)
UCTS indicator buy signal on the 1D (40%+ up already) and lower TFs looking green aswell..
Price broke resistance of triangle, also formed Double Bottom Pattern - Bullish pattern which signals about trend reversal after long accumulation.
Still no bearish signs.
Moreover: buy volume > sell volume.
We expect to hit targets soom, mentioned on the chart.
The last target is strong resistance for PHB coin.
Bounced from ATL BTC Support at ~48 sats with increasing volume.
Currently testing the first trouble level (resistance) at ~58sats
if crossed/flips into support, then we can aim for a new push with targets at ~65/76sats
Wait for it to happen prior taking a position
Red Pulse Phoenix Binance Long-Term Chart Analys + Targets
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i think phx have very important point =0.00000083 btc
if phx can break and hold 0.00000083 btc then have several target:
target 1=0.0000951 btc
target 2=0.00001040 btc
target 3=0.000018 btc
ateention:phx should break and hold 0.00000083 btc first .
i think phb now is good to buy .
price now at binance=0.00000061 btc
price in other exchang(houbi , hit btc ,kucoin , ...)=0.00000129 btc
chart confirm buy . buy and set stop less at 0.0000005 btc
target 1=0.00000140 btc