Phantasma
$SOUL (PHANTASMA)Fundamentally $SOUL has a good team and have gain more partners from the gaming and nft industry!
The price drop hard this month but in 3hr time frame from my chart 📈 , we can see $SOUL has broken out of the downtrend and has turned past resistance has support! From here we can have a bullish move and take some profit on our way up!
#NOTE: This is a small cap #altacoin ,its price movement may be too volatile
Bullish Cypher on SOUL for potential 70% UpsideWe are currently sitting right where we need to be in order to see this harmonic play out, we have already seen the initial impulse reaction followed by the retrace, which is where we are currently at right now. Everything still depends on bitcoin not dumping, however. Targets are in yellow, stop loss is in red. We just saw a similar play play out on FLUX.
$SOUL/USDT 12h (KuCoin) Bull pennant near breakoutPhantasma is up-trending above 100EMA support and has formed a bullish continuation pattern, let's join on next dip!
Risk/Reward= 1:2 | 1:3.82 | 1:7.6
Expected Profit= +44.18% | +84.57% | +168.30%
Possible Loss= -22.14%
Fib. Retracement= 0.786 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Website: phantasma.io
Contracts:
#ERC20 0x79c75e2e8720b39e258f41c37cc4f309e0b0ff80
#BEP20 0xc3adbf524513863102df6784e1ab5652165c7912
#Neo ed07cffad18f1308db51920d99a2af60ac66a7b3
⚡️⚡️ #SOUL/USDT ⚡️⚡️
Exchanges: KuCoin
Signal Type: Regular
Current Price:
2.5122
Entry Zone:
2.4976 - 2.1934
Take-Profit Targets:
1) 3.3818
2) 4.3292
3) 6.2929
Stop Targets:
1) 1.8261
Phantasma the little gem that started to shineSOUL recently got a new USDT pair on Kucoin and essentially since then it has started a pretty serious strong trend. In USD terms it perfectly retest the 0.3 level which was a key breakout level and bounced really hard. The coins that have bounced the hardest after a big dip are usually the ones that do the best in the next few days / weeks.
Phantasma has had this perfect accumulation in BTC terms for so long and is definitely still somewhat cheap or fairly priced vs BTC. In my opinion its chart looks a bit like DERO, DAG and several other Kucoin gems, however its at the early stages before a mega pump. It's super clean and super strong, a perfect accumulation chart.
It is also an NFT related coin/token that hasn't had a huge pump yet and is one of the very few that didn't crash badly in this correction. In my opinion NFT related tokens still have a lot of potential although they might take the backseat for a bit longer, but some of these coins/tokens will do very well and SOUL is on of them.
Phantasma Breaks Downtrend (133% Target Mapped)About Phantasma
Phantasma describes itself as a fast, secure, and scalable blockchain solution that allows developers to build decentralized applications (dapps) and facilitate interoperability with other blockchains while maintaining a decentralized governance system.
Source: coinmarketcap.com
Website: phantasma.io/
Here we have the chart for Phantasma vs Bitcoin on KuCoin, which goes by the trading pair SOULBTC.
Here we have one major signal to look at and that is the broken downtrend.
Notice the purple trendline has been active since Sept. 2019.
With this level now conquered, SOULBTC can easily grow.
We also have the MACD and RSI both looking really, really strong.
Remember to build a plan/strategy if you decide to trade.
Thanks a lot for your support.
Namaste.