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Phbbtcshort

#PHB/USDT is rejecting from the Diagonal Trendline#PHB The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at the price of 0.482, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.494 First target: 0.513 Second target: 0.535 Third target: 0.563 Don't forget a simple point: capital management. Upon reaching the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#PHB/USDT#PHB The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower boundary of the channel at 0.652, which acts as strong support from which the price can rebound. Entry price: 0.666 First target: 0.692 Second target: 0.712 Third target: 0.740
Long
by CryptoAnalystSignal