Hello traders,
Pha just broke out of giant triangle and currently retesting the triangle so corrected plenty already. If are able to stay above the triangle , we may see some sharp moves. 3 possible future targets. Pha/BTC chart looks well corrected and could be forming giant double bottom on a daily chart. One of the best possible options at the moment to consider. Always do your own research first!
Pha just broke out of giant triangle and currently retesting the triangle so corrected plenty already. If are able to stay above the triangle , we may see some sharp moves. 3 possible future targets. Pha/BTC chart looks well corrected and could be forming giant double bottom on a daily chart. One of the best possible options at the moment to consider. Always do your own research first!
Note
I noticed some typo mistakes above. I don't know what really happened. First time posting with a cell phone 😊Note
So if for some reason If we go back into the triangle I will instantly close my positions. This is risky bet but we are still on the profit side of things. 
PHA still one of the safest bets at the moment but one needs to be ready in case of a BTC's possible correction! This will only work If price action could stay above the triangle. We could possible go down a bit but we need to close the daily candle above the triangle otherwise we are in the unknown. currently trading at 0.162-0.164 levels.Note
Price action still did not get in the triangle. So far going according to the plan! If it glides down just above the triangle line , we may see huge reaction the end of the tunnel! Lets see how Btc's correction will play out! If Btc' crashes down below 25k level , it will take all the altcoins down with it. Nothing new.Note
action seems to be starting finally but Sellers won't let go.They don't seems to want to make money at this point. we quickly checked $0.2 region back down $0.17 range. lets see where we end up being in the short term!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.