Get started

Phbusdt

PHBUSDT 4H - Clear upward trendIts ATH was on Feb 06th at 0.5744, at this point it is trying to breach the median of the keltner channel towards the upper band at 1.2275. Since January 8th, the PHB has been transiting above the MM200, which indicates that it is in a clear upward trend. The MM200 also becomes a powerful support, followed by the lower band of the Keltner Channel. The Phoenix Token, known as PHB, is a utility token native to the platform used as a means of payment for all Phoenix Global ecosystem services. A possible reason for the price increase is that a token redenomination took place on November 2nd. Phoenix Global was born as a result of the strategic merger of Apex Network and Red Pulse, which triggered a significant increase in the global token supply, up to 3.5 billion. To work around this issue, token redenomination was set to 100:1 (old:new). Therefore, the total supply was reduced by a factor of 100, the price was multiplied by 100, and the supply dropped from 3.5 billion to 35 million tokens. Here are the supports and resistances in the 4H: Main support levels : 1.0381 / 1.0001 / 0.8649 Main Resistance Levels: 1.2275 / 1.5744
by ferulianov
PHBBTC (05/05/2021)On the 1W chart, the price of PHBBTC has formed a falling wedge, the border of which the price has already successfully crossed. Also, the upward movement was accompanied by increasing trading volume, which indicates a strong bullish sentiment. On the 1D chart, the PHBBTC price has corrected to the level of 50% by Fibonacci, where solid support has been established. At the moment, a possible initial growth impulse has been formed, which may become the beginning of the continuation of growth. We recommend buying PHBBTC at current prices to keep the position above 0,000001.
Long
by QubitLife
2
PHB ready for another leg upPHB is now forming a triangle and now at the support line. Phoenix Global team is working on the developments and partnerships of the project. PHB recently deployed on the Binance smart chain and staking pools are confirmed. Phoenix Oracle beta version is about to launch in the coming weeks. PHB is now running on the testnet and the team is working to roll out the Phoenix mainnet update. Buy Zone: 51-52 Target: 58-64-69-76-83-90-98-107-118-133-147-159-174
Long
by Bitcoinik
PHB/BTC (Test Swing Low Support?)💎Technical Analysis Summary💎 BINANCE: PHBBTC -Red Pulse Phoenix is trading on a downtrend channel -This is Bullish only if the pattern breaks to the upside -Currently, it is near the swing Low support at around 20 sat -If this level will hold for a few days or so -There is a good chance this coin will breakout up to 40 sat -Bearish scenario, close below 20 sat will result in further decline `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
13