A huge pennant has been forming for the last 15 days and right now it's at the apex, a break out could be coming soon. As we all know PHX is one of those coins prone to huge pumps.
TP 1: 0.00000259
TP 2: 0.00000273
TP 3: 0.00000289
TP 4: 0.00000305
TP 4: 0.00000325
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#PHX (Red Pulse Phoenix) with a Butterfly Harmonic Pattern, not perfect but bound to happen IMO.
Point D should meet those light blue boxes, one or another, it doesn't make much sense to be the bottom one and ideally would be the top one - pattern rules and confluence of fibs.
TP (Take Profit) are the light blue boxes, to be more precise, should be 2nd one...
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...
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...
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