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Phala Network / Tether US

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PHAUSDT trade ideas

Phausdt with huge potentialsHi guys, This could be big, spotted a move with potential on PHA that resembles the classic Adam & Eve pattern. This formation is typically a bullish indicator, we are looking for a rally towards a critical area known as the Neckline zone. Should the price action make such a move, this zone would serve as our immediate target. The accumulation area has been marked on the chart, highlighting where buyers seem to be entering the market. This could suggest a build-up in buying pressure, which is often a precursor to an upward price movement. In terms of long-term prospects, we've delineated a potential target. While reaching this target is speculative and contingent upon numerous market variables, it is grounded in a thorough analysis of past price movements and projected trends. It's worth monitoring PHA to see if it unfolds in this anticipated manner. Your engagement with likes and comments is valuable. Thank you for your attention to this analysis.
Long
by weslad
16
#PHA/USDT#PHA The price is moving in a bearish channel pattern on the 4-hour frame, and it adheres to it well, and it is expected to break to the upside The price rebounded well from the lower border of the channel at the green support level 0.1650, which is a strong level. We have a tendency to stabilize above the Moving Average 100 We have oversold resistance on the RSI indicator to support the rise, with a downtrend about to break higher Entry price is 0.1900 The first target is 0.2330 The second target is 0.2600 The third goal is 0.2884
Long
by CryptoAnalystSignal
PHA/USDT Showing Positive Signs to Breakout From a Falling Wedge💎Paradisers, #PHA is compressed between falling wedge trendlines and gaining momentum for a breakout. 💎Once it breaks out, we'll wait for a retest for confirmation before planning our trade. The retest phase often follows a breakout and provides an excellent opportunity to validate bullish momentum. If #PhalaNetwork holds support at $0.166 and continues its upward climb, the next target lies in the resistance zone we've projected. 💎However, if #PHAUSDT struggles to maintain support and dips back into the wedge, it will indicate a weakening bullish trend. In this scenario, the price may drop further to the next significant support level, around $0.146. 💎Historically, PSE:PHA has shown resilience by rebounding decisively from this level. If this pattern holds, a strong bounce could occur. However, a decisive candle close below this support will challenge the bullish outlook and signal a shift toward a more bearish trend. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise
Phala $pha #pha #phala $phalaPhala has been trying to show strength and bounce back during this correction and if it can stay above the $0.19 range it may just be a nice setup for going back up higher. Old resistance from back in February 2023 are now trying to act as new support. This also coincides with levels from February & March of 2022. Further giving added structure to this idea. IF we lose the $.19 level, we have major Support levels at $0.10 & $0.08 We are currently below the SMA 9 & 50 as well as the EMA 20. My next level of focus from the bands will be the SMA 180 which currently is in the $0.145 range. This project in the last bull cycle topped out in the $1.40 range so there is a LOT of possible upsides to this project if and when this cycle tops out and or if we worst case scenario just had a very early cycle rare Triple top and alt season ius over (doubtful) Great entries for the next cycle. This project IS building still and has all the right narratives going forward with all the right upcoming hype. I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame. I think that this can really help speed up learning for many and to open their minds to variables. As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so. Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders. I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have. For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms. Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
by rarebreed29
PHA looks bullishAccording to PHA, it is also in the bullish wave C. The degree of this wave is big and it is expected to continue for weeks. The volatility of this coin is high, so you should enter this currency on a good support. The green range is the low-risk range for entering a buy/long position. The target is clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1