PHB/USDT trendline breakout alertPHB/USDT trendline breakout alert
PHB has broken above a key descending trendline, signaling a potential shift in momentum from bearish to bullish. Trendline breakouts often indicate the end of a correction or consolidation phase and the beginning of a new trend.
If PHB holds above the breakout level with increasing volume, it could lead to further upside. However, a drop back below the trendline may invalidate the breakout and signal a false move.
Key levels to watch:
* Retest of the broken trendline as support
* Immediate resistance overhead
* Volume confirmation for strength
Monitor PHB closely — this breakout could be the start of a trend reversal if confirmed.
Phbusdtlong
PHB/USDT Breakout IdeaPHB/USDT has confirmed a breakout on the daily timeframe. This technical movement suggests that we could see a strong bullish trend in the coming days. Traders should watch for key support and resistance levels as this momentum develops. Remember, this is not financial advice; always do your own research (DYOR) before making any investment decisions.
PHBUSDT 1H TF (Divergence, Harmonic AB=CD)PHBISDT shows a price reversal pattern at 1H TF with divergence and harmonic AB=CD with 50% fib level shows a price target up to TP5. All TP's are taken at 1:1.
Trade Plan
Entry @ Buy Stop
Stop Loss @ LL
TP1 to TP5 @ 1:1 to 1:5
What do you think, will it hit TP5?