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Red Pulse Phoenix Higher Low (Low Risk/High Reward)
Phoenix / Bitcoin
Long
Red Pulse Phoenix Higher Low (Low Risk/High Reward)
By AlanSantana
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Oct 6, 2020
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Oct 6, 2020
PHBBTC printed a strong bullish wave after a low was hit back in May.
This wave produced 175% in growth.
Right now, almost 100% of these gains have been removed/wiped out... And this is good news.
This is good news because "once you hit bottom, the only place left to go is up".
We can say that PHBBTC bottomed out, almost... Support was found at a higher low.
From the current prices, we can end up with a new bullish wave that will go higher than the one we saw before.
In a matter of just a few weeks, we will see this altcoin pair print really good growth.
Namaste.
Beyond Technical Analysis
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AlanSantana
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