PHB/USDT Break the key level area. Ready to continue move ??💎 PHB has undeniably garnered significant attention in the market. Currently, it has successfully broken out of the key supply area after a perfect bounce from the demand at $0.652.
💎 There's a possibility of a retesting phase at the demand area of $0.787, which was previously a supply zone, continuing the upward movement. However, considering the historical false breakout of the supply on November 12, sustaining the demand is crucial to maintaining the upward momentum and probability reaching our target supply area and major supply zone.
💎 But if PHB fails to sustain and experiences another false breakout, it may retreat to the demand area at $0.652 or even break down below this level. In such a scenario, PHB confirms a shift back to a bearish trend, potentially continuing the downward movement towards the strong support area.
Phbusdt
PHBUSDT Bullish Signals and 86% Potential SurgeOver the past three months, PHBUSDT has established an uptrend, characterized by higher highs (HHs) and higher lows (HLs) pattern, indicative of a sustained bullish trend. Concurrently, the demand zone near the psychologically significant price of $0.6 has been effectively defended by buyers, solidifying its significance within the price action.
Yesterday, on a daily timeframe, the recent pullback halted precisely at the 38.2% Fibonacci support level, presenting extremely positive news for buyers. We have already shared trade setup in our dedicated channel and will update it when/if needed.
Overall, our analysis projects a potential rise towards the 427.2% Fibonacci retracement level, signifying a substantial 86% growth for PHBUSDT.
Key Support and Resistance to WatchRight now, the price of PHB is at 1.4170 USDT, showing a steep and fast increase. The trading volume is big enough to show that this isn't a fluke—people are really buying. Looking at the Fibonacci chart, if the price starts to fall, it might find a cushion around 1.0458 USDT.
The Parabolic SAR, a tool that helps us spot the trend, is below the current price, indicating that the uptrend is still strong. The Simple Moving Average (SMA) is at 1.2410 USDT and also below the price, which agrees with this upward trend.
Bollinger Bands help us see how stable the trend is and right now, the price is touching the upper band. This can mean the market is a bit too excited and might need to cool down. The Stochastic Oscillator and the Relative Strength Index (RSI), both ways to measure if things are overheating, are very high. This often means the price might take a breather soon.
The On-Balance Volume (OBV) number is also up, showing that more people are getting in on the action. The Moving Average Convergence Divergence (MACD) is positive, which is another good sign for buyers. The Chaikin Money Flow (CMF) tells us there's more money coming into the market, and the Average True Range (ATR) says the price is moving around a lot, which isn't surprising given the rise.
The Average Directional Index (ADX) is very high, which usually means the trend is your friend and could keep going.
Most Probable Scenario
The trend looks like it could keep going up for a bit because of all the positive signs. But, because the indicators that tell us if the price is too high are ringing alarms, there's also a good chance the price might stop going up so fast and even drop a bit to take a rest.
Keep an eye on the price levels from the Fibonacci chart. If the price does start to drop, these might be spots where it could steady itself.
PHB is doing really well, but the market might be getting a bit ahead of itself. It's important to be careful—things could change quickly. If you're thinking of jumping in, make sure it fits with what you're okay with risking.
This is just a quick look at the market—it's not trading advice. Always make your own decisions.
PHB/USDT attempts to break supply? 👀 🚀PHB Today analysis💎 Paradisers, turn your attention to #PHBUSDT as it presents an enticing trading setup. Currently positioned in a demand zone and gearing up to breach a supply level, there’s a high probability of an upward movement following a successful breakout.
💎 #PhoenixGlobal has followed a pattern of breaking above a descending channel, leading to an upward trajectory. It is now trading in what appears to be an accumulation zone, suggesting a considerable chance for a bullish movement. If this upward trend continues, AMEX:PHB aims to target the supply level at $0.8790, with the potential to push further towards the higher Bearish Order Block at $1.1749.
💎 For the insightful Paradisers, timing is key in leveraging this opportunity. It's crucial to pinpoint the most opportune entry points during this expected rise, while also being mindful of avoiding entry at the market's peak. In addition, be ready for a bullish rebound from the demand level of $.6458, especially if the price successfully surpasses the $.7555 level. However, a drop below this demand level could raise concerns about the potential for a sustained bullish trend.
💎 In this dynamic and ever-changing market landscape, strategic foresight and intelligent decision-making are essential. Developing a comprehensive trading strategy that includes sound money management and an in-depth understanding of support and resistance levels is vital for achieving favorable trading results. 🌴💰
PHB LOOKS BULLISHWe reached the red box that was the front of the f wave in the previous analysis, but this resistance was cleared.
Clearing this resistance, we revised the analysis and we think we are completing a large triangle. The leading resistance of the box will be red and the drop is canceled.
This is an update to the analysis linked in the relevant section
PHB ROADMAPIt looks like PHB is completing a descending triangle as we are now in wave D which is a diametric. Now it seems that we are in wave F of this diametric, after this wave is completed, PHB can fall from D for wave g.
From the PHB we expect the completion of drawn branches. Do not enter the position without trigger or confirmation and without setting stop loss and capital management.
This coin has a small volume, control the risk
PHB Phoenix Global forming a bullish AB=CD for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of PHB Phoenix Global (new) with US Dollar pair.
Previously we caught more than 26% pump of PHB as below:
Now on a daily time frame, PHB is about to complete a bullish AB=CD move for the next price reversal.
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.
PHB: breakout this falling wedge pattern!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#PHB/USDT
After a long time, PHB breaks this 208D-long Falling wedge pattern in the 1D time frame.
But we still need a retest of this pattern to conform this pattern.
IMO, it looks good to buy in a spot with a SL if any candle closes below the upper support of this pattern.
If everything goes well, we can expect a good return in the upcoming bull run.
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
$PHB Soon BREAKOUT and FLIP LEVEL #PHB Massive Falling Wedge making here!
Can breakout above 0.60$ for a MASSIVE BULLISH IMPULSE WAVE! 📈
The On-Balance Volume (OBV) is reaching new highs, indicating strong buying pressure.
Since June, it has maintained an upward trend.
A close above 0.56 would serve as confirmation for further upside potential.
PHB/USDT Bullish Momentum ?? Phoenix Today AnalysisYello Paradisers, Phoenix Analysis: A Crucial Juncture
💎PHB has twice tested a robust demand zone, and there's a high likelihood of a significant upward bounce from this level.
💎During its first encounter with this strong demand area, PHB surged by 60% before facing resistance and gradually retracing back to the same zone.
💎Given the historical strength of this area and the accumulation of buyers, PHB is poised to potentially replicate its previous performance with a strong bounce.
💎However, if PHB fails to hold this crucial demand zone, it could signal a continuation of its bearish trend, leading to further declines in price. Keep an eye on this pivotal area for your next move.
PHB ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the PHB symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PHB Phoenix Global formed bullish BAT for upto 23.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of PHB Phoenix Global (new) with US Dollar pair.
Recently we caught more than 26% pump of PHB as below:
Now on a 4-hr frame, PHB has formed a bullish BAT move for the next price reversal.
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.
PHB Chinese Narrative to $6Hi guys !
Since Chinese narrative is around the corner
Here is the AMEX:PHB one of the biggest coin for Chinese narrative seasooooon!
Based on my T.A
AMEX:PHB is currently on Ascending Broadening Wedge, that targeting the next resistance which is located around $3 to $6
with this Volume at the major support, Chinese narrative season and the fundamental of this coin I am really confident on this one
Thank me later if you profit from here...
Buy me something!
HAHAHAH charot!
Godluck! trade responsibly
Keep an eye on $PHB/USDTKeep an eye on $PHB/USDT.
Falling wedge formation in 1hr timeframe.
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PHB Demand zoneshi everyone
I am placing some buy orders around 0.28, with the expectation that the price will reach the support level and potentially experience a pump from there. I recommend waiting and closely monitoring the chart, as everything appears to be clear on the chart. It may be best to wait for the price to reach the demand zones before making any investment decisions.