Phausd
Phala Network (PHA) completed a setup for upto 20% pumpHi dear friends, hope you are well and welcome to the new update on Phala Network (PHA) coin.
Recently we caught almost 20% pump of PHA as below:
Now on a 4-hr time frame, PHA has formed a bullish BAT move for the next pump.
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.
#PHA/USDT#PHA
The price is moving in a bearish channel pattern on a 12-hour frame,
which it adheres to perfectly.
We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.2444
The first target is 0.2724
The second target is 0.3228
The third target is 0.3650
PHA looks bullishAccording to PHA, it is also in the bullish wave C. The degree of this wave is big and it is expected to continue for weeks.
The volatility of this coin is high, so you should enter this currency on a good support. The green range is the low-risk range for entering a buy/long position.
The target is clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PHALA NETWORK :PHA Buy this break and retest for a doubleBullish outlook as long as the demand zone is not breached (of course :))
But a decent structure that appears it wants to run
You can make a good trade out of this
or if u already hold it , give u conviction to hold further if its been painful
I have done no fundamental research on this coin :)
I just draw lines on a chart - most of the time :)
#PHAUSD - A Big Gain on this Short before Form ClosestheCrypster -
With a massive descending trend line formed from the inception of #PHA and continuing through till today, a Sell signal from CTv2 right on this trend line and a 20% drop until support on the underside, we're going for this Short trade!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
PHA has registered a growth of more than 50% in the last 24h!PHA has registered a growth of more than 50% in the last 24 hours. The price of this currency had entered a correction wave after the previous upward wave of 550%, which we saw a positive reaction of this currency by using the correction Fibonacci tool and the range between 0.5 and 0.618 of this tool. Therefore, the static support range of $0.137 to $0.160 can be associated with a good reaction if retested. The goals of this currency are still in the resistance range of 0.390 to 0.480 dollars. Again, the $0.200-$0.215 range is considered supportive; if this range is maintained, buyers can gain strength and bring the price to the set targets.
pha usdt buying setuppha coin currently trade at 0.175$
its brok now decendending triangle pattern on4h time frame chart.
now possible we seee it soon on its strong support area at 0.15$-0.14$
also bounce back expected from this support.
good buying range for shortterm profit is 0.14-0.15 cents
sell targets depend on you according to your investment plan
follow me for more updates.
PHA - Another explosive move is possible!
This is an absolutely fantastic opportunity on PHA right here, right now!
The stop loss for this coin is very low and the profit target is very high, which provides a great risk-to-reward ratio.
The uptrend started with a strong impulse wave, which is extremely important for continuation to the upside.
The next profit target is around 1.3 USDT, but this coin can go even higher than 1.3 USDT.
The price action on PHA is extremely bullish. It looks like this is definitely not the end.
This coin has to hold the 0.18 USDT level. Otherwise, it will be dead for some time.
This is a great opportunity for swing and day-traders, because if the price goes up, then the volatility will be amazing.
Phala is a great ponzi at this moment, so maybe do your own research before putting your money into this coin. I think this pump will be very fast, so you don't want to hold this coin for weeks.
Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs.
Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.
Phala provides a contract-based data exchange infrastructure for standardized data collection, analysis, and trading protocols.
For more analysis, hit "Like" and "Follow"!
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
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.
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🔰PHA- expecting breakout attempt soonBINANCE:PHAUSDT is on the way to 0.33x area to test dynamic and static resistances as well as EMA 100; and possibly try to break out from the channel. But rejection from this level shouldn't come as a surprise either.
If we see a successful breakout, we can expect further continuation to the upside in the near future (too early too speculate)
Long term targets would be then:
0.33
0.40
0.53
0.59
0.74
1.05
1.23
1.45
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!
PhalaNetwork on the edge of breaking outPhalaNetwork is gonna be looking for a breakout soon. There has been a long period of price ranging. An aggressive entry would be somewhere around 0.84 (now), more controversial is to wait for the breakout, and then enter at a first given pullback. After doing a brief research, the project seems to have solid fundamentals and it runs on PolkaDot.
PHA - Possible ParachainPhala is one of the more commonly cited projects with a shot at parachain status on Polkadot.
Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction.
I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on those first day pumps in terms of wave count, please let me know.
PHA - Just Long itFound support at .9 fib after major pump. In re accumulation cycle should price hold current levels which l think it will. Currently pushing inverse level at .5 fib, showing nice strength. Entry for me will be around the Greedy buy level which should also be around the trend support line also.