DON'T SAY I DIDN'T WARN YOU ! White horizontal line represents the 390 satoshi price that $PHX began trading at on Binance. But who knew about $PHX then? Just me. Now, you do too. Having peaked $100,000,000 in trading volume (its btc pair on binance exceeded even Binance's btc/usd volume) there is newfound interest, and more importantly new money in this...
After seemingly bottoming at 450 satoshis during today's #BTC selloff, $PHX looks like it's offering a nice entry under 500 sats. If #BTC holds up, $PHX is positioned well for a re-test of this past weekend's highs... the sky is the limit for Phoenix.
Do trendlines work on crypto? /yes. Why? /because computers use them. Why does support resistance work? /because computers use them. Why does Fibonacci work? /because computers use those levels to set targets. (And the universe something.) Why does TA work in crypto? /because it studies price action and the key levels of what the computers are doing. And...
PHX/BTC had an insane run to 1000 sat's yesterday. Now, we are consolidating and could look for another move up soon. As shown by the chart, the .382 fib level around 500 sat's has acted as a support zone so far for the most part. I'll be watching for a break above 614 and 690 with conviction, respectively. We saw GO/BTC have a similar initial move, consolidate,...
RVN had a nice retracement and is ready to trade. MACD turns bullish, Bollinger Bands are narrowing, Volume is huge. Trade carefully and with low capital allocation. Trade active @ 0.00000525 BTC There is no specific target, as a pump could end anywhere. I'll watch the 5min chart for the rest of the day :-)
PHXBTC has increased by a massive 146% since bouncing from bottom on the 12th September. Just in the last two days, PHXBTC has increased by a massive 80%. - Regardless of the day of the week, altcoin after altcoin is doing great numbers and breaking out. - More proof that the bulls are reentering the market... The altcoins market continues to heat up....
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#PHX (PHX/BTC) Buy : 200-205 Flash Sell : 210 Short Sell : 215 Long Sell : 220-230-240-250-260 Stop : 190 Follow me for more signals daily
PHX/BTC I did not find much information about this coin But when I saw the name of this coin, I immediately remembered the article by the economist from 1988 about a currency that will be called a phoenix. Read more socioecohistory.wordpress.com altcoopsys.org