Phoenix Red Pulse Phoenix (PHX , PHB) / Bitcoin has formed a bullish Shark and entered in potential reversal zone to hit the sell targets soon insha Allah.
We have a 100 simple moving average support within the PRZ area and 200 SMA beneath the potential revesal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
MACD turned weak bearish from strong bearish.
RSI is almost oversold.
Stochastic has given bull cross from oversold zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000084 to 0.00000075
Sell between: 0.00000093 to 0.00000112
Regards,
Atif Akbar (moon333)