Phala is one of the more commonly cited projects with a shot at parachain status on Polkadot. Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction. I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on...
Phala with bullish divergence on 4 hour chart and beginning to form on the 8 hour chart. Decrease in volume over several days. Looking for next move up.
@PhalaNetwork Beautiful pennant formed Above 200 EMA Volume decreasing from pole until breakout RSI bullish divergence Core DOT security layer 200M MC (in a bullrun!) Parachain incoming @Polkadot season.Solid FA.Expect this to rocket $DOT $KSM $XOR $PSWAP
PHALA is a coin to watch. High potential to get parachain on polkadot, has got web3 grants and has a lot of upside with less risk in my opinion. With parachain auctions coming up I personally am pumped to see what Polkadot and Kudama projects get the first few parachains. Let me know what you think.
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Found support at .9 fib after major pump. In re accumulation cycle should price hold current levels which l think it will. Currently pushing inverse level at .5 fib, showing nice strength. Entry for me will be around the Greedy buy level which should also be around the trend support line also.
In the Deep Channel Setting a trotline after sundown if we went far enough away in the night sometimes up out of deep water would come a secret-headed channel cat, Eyes that were still eyes in the rush of darkness, flowing feelers noncommittal and black, and hidden in the fins those rasping bone daggers, with one spiking upward on its back. We would...
Considering the corrent market conditions with no clarity of ups & downs, we may enter a downward trend for Phala. Though, price is within the channel, but MACD & RSI are in full mood to go down. Any how, waiting for the next confirmation. IF WE ENTER THE DOWNWARD TREND, THE ONLY THING CAN SAVE IS THE "SUCCESSFULL AUCTION SLOT FOR PHALA ON KASUMA & POLKA DOT...........
- on HTF this can be the start of the retracement or it can still have another impulse move up to finish - if its a correction we go down to at least 0.24-0.25, with max level at 0.155 - 0.18 - if we still move up mtf is showing 0.4 is the key area to BACA the higher targets are marked
Defi Privacy Project and a good one, it's so new that i couldn't even find Metatags on Tradingview lol. What's Phala ? Phala Network is a privacy-preserving protocol for data-protection and blockchain smart contracts. Phala.Network guarantees the reliable execution of smart contracts while keeping the data secret. Confidential contracts run in miner nodes with...
PHA follows Elliott Waves + Gann Fans very beautifully. Great buying opportunity here to ride to the end of January. **DYOR - NOT FINANCIAL ADVICE**
Hi guys, here my first analysis for Phala Network. Feedback would be nice. I very like this Dot project and i think it has a lot of potential 2021. Thanks and br
Double bottom pattern, 4-hour MACD upper zero axis