$PHX breaking out of descending triangle that it has been confined to since its move up to 1000 satoshis. Bullish TK cross on the hourly suggests a higher high (>468 satoshis) is on its way. After that, the road is clear to 1000 sats and beyond...
Many are bullish for PHX I sold at 450 looking for re-entry at 420 sats
Hi guys ! By the end of September, PHX (Red Pulse Phoenix) pumped and reached more than 1000 sats. Since this pick, the price went back around 400 sats. Currently, there is a retracement of PHX's price with different waves after his fall and the price hit the strong support at 400 sats. This support is the 0.236 Fibonacci line too. The chart looks like different...
Buy Price: Green Line Profit: Blue Lines Support: Orange Line SL: Below Support line Invest Suggestion: 20 Percent Profit Expectations: - 5 - 15 - 25 Percent Just hold and watch. All targets will be reached in a few day. But it's recommended to hold it for 7 days if any target not reached. Sell when you got some profit, according to your way of trade. I am...
PHXBTC possible break up from current wedge - Scalper :) If it breaks on top side of this wedge I expect it to come back up and test the monthly level at 506 traders!
It appears that wave one is nearing completion if not complete already. Based on the strength of the previous impulse wave up (Wave 1) this third wave may have alot of strength behind it as well. I have drawn my targets in a very conservative way. More aggressive traders may want to set higher targets based on price action at the time of the next impulse wave...
We got a break in the market structure here, and now we have to wait for some retracement to look for a buy. There's a bullish breaker nested between .62 and .705 fib retracements which is a great spot for Phoenix to retrace before attempting to break new highs. This retrace would also fill that small void we left during the pump. Some terms I used here: -...
You can confirm the chart that I published here:
Red Pulse is Revolutionary Research Content Ecosystem for for sharing market insights in China as they are targeting this second largest markets in the world nowadays and keep growing day by day. “Red Pulse provides a groundbreaking research content platform that simplifies incentives and directly compensates research producers for their valuable insights, while...
We got a break in the market structure here, and now we have to wait for some retracement to look for a buy. There's a bullish breaker nested between .62 and .705 fib retracements which is a great spot for Phoenix to retrace before attempting to break new highs. This retrace would also fill that small void we left during the pump. Some terms I used here:...
Hello guy, what's up today! After PHXBTC heavy correction, key support at 350 is hopeful. I believe this triangle break from above. Why? - RSI still shows us 62 level is touchable. - MACD is in the uptrend moving. Resistance on 425 needs to touch because it confirmed on 5th of Nov while price reaches to 408. After that resistance, 420 could push down the price a...
I literally didn't know what trading was until last December, so any tips would be appreciated. Here I have what I think will happen with PHX BTC. 70% gain from the bottom support to the 382. I estimate the target to be hit around the 12th. Right around the time bitcoin reaches the conclusion of its current year long pattern.
PHX hit support and might reverse at this point. RSI is oversold and we've hit a major Fibonacci Retracement level after a massive pump last week.