The priceline of Red Pulse Phoenix (PHX , PHB) / Bitcoin cryptocurrency is forming a bullish BAT and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000086 to 0.00000083
PHX resteting the Potential Reversal Zone for a Type 2 Reversal.
Still the same targets. The Stop Loss Zone is likely to be tested before any price reaction. Holding strong.
Good trade and good luck everyone,
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