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Phala

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
Phala Network (PHA) formed bullish Gartley for upto 58.50% moveHi dear friends, hope you are well, and welcome to the new update on Phala Network ( PHA ) coin with the US Dollar pair. First of all congratulations to you all, for another such wonderful long-term trade, which is completed now. And it has rallied more than 530% Now on a 4-hr time frame, PHA is about to complete the final leg of a bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
3
PHAUSDT up +600% in three days! Where to buy next?*** *** For this particular analysis on Phala Network we are using the PHAUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where PHA is having an incredible stretch rising +600% since its Thursday bottom! This massive pump broke above its 1D MA50 (blue trend-line), 1D MA200 (orange trend-line) and 1W MA50 (red trend-line) in just two days! With the 1D RSI vastly overbought, the questions arises: Where can we buy next? Naturally, a strong pull-back is expected on Phala Network based primarily on short-term profit-taking. The strongest candidate will be the 0.5 - 0.382 Fibonacci retracement zone (counting from the September 16 2021 High), which has been the High Volatility Zone from late January to early May 2022. If that fails, the final buy entry can be made on the 0.618 Fib (orange lines) of this recent pump move. Additionally when/ if the RSI hits the 30.000 level. In either case, the next target should be the 0.786 Fib and the 2021 High itself. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
3
Phala Logarithmic ChannelPhala does not have enough history under its belt to get a very accurate channel, but with what we have so far this is the best that can be done. I have also outlined the areas of major support channel and major resistance channel. Definitely a great project with a massive amount of potential. If the support holds here it will confirm this channel and give us the green light. PS: I created this channel for Phala back in July of 2021 and has so far been respected very well. The only thing it has not tested yet with confirmation is bottom of the channel which it is doing as I make this post. Once we have this confirmation of support (which so far seems to be respecting it) we will confirm this channel.
Long
by VercettiTrades
5
Phala.Network vs Tether Goes Bullish | 300% Potential ProfitsWe have a situation with Phala.Network where both pairs are looking bullish now, the PHABTC and PHAUSDT. This is PHAUSDT (Phala.Network vs Tether) on the daily timeframe. We have a high volume breakout that pushed prices above EMA10/21, EMA50 is still being challenged today. Seeing the strong RSI and how the PHABTC pair is going, we can expect this one to follow (green arrow). Nice target at 300% but we can first at 20%, 30%, 50% or so... We secure our trade, rebuy and reload and then wait for some more. You can find additional details on the chart. Namaste.
Long
by AlanSantana
1
$PHA/BTC 12h (Binance Spot) Falling wedge breakout & retestPhala Network pumped then got rejected on 200MA resistance, now heading towards 50MA support where we expect a bounce back! Current Price= 0.00000970 Buy Entry= 0.00000960 - 0.00000876 Take Profit= 0.00001169 | 0.00001472 | 0.00001979 Stop Loss= 0.00000751 Risk/Reward= 1:1.5 | 1:3.32 | 1:6.35 Expected Profit= +27.34% | +60.35% | +115.58% Possible Loss= -18.19% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin Leverage= 1x Estimated Gain-time= 2 months Websites: phala.network app.phala.network Contracts: #Mainnet #ERC20 0x6c5bA91642F10282b576d91922Ae6448C9d52f4E #BEP20 0x0112e557d400474717056c4e6d40edd846f38351 #HECO 0x51aa144e0c2fec20c5f19e25352838ff7fe1ed74
Long
by TradingOn
PHA update-- possible playoutAfter my previous publication the price had a breakout attempt, but it was rejected (that was expected). Now- If the price manages to stay above the area of highest volume, we may see another breakout attempt soon. Otherwise, it will go back to accumulating with occasional spikes and this phase could last another weeks, months, who knows... If the momentum is lost, we may even see a pullback to one of the support levels. Which scenario is most likely to happen? Let me know in the comments!
by V0VOLAN
3