PHALA (PHA) bouncing nicely off the longer term supportPhala is still looking bullish! This coin has been ranging for a very long time, so when we really break out we can expect a monster pump! Especially with Parachains starting soon!
PHAUSDT trade ideas
PHA LONGSphala network fundamentals on point, tecnically is on the D OB on phase D of accumulation process
PHA LONGSPhala last poit of suport on bigger timeframe accumulation, phase D nice entry oportinity on the H4 OB.
Phala Network (PHA) technical analysis: Ascending Triangle PHA is currently trading in an ascending triangle and shows a clear buildup — creating higher lows into Resistance (re-testing the trendline numerous times), which is a sign of strength as there is no selling pressure and buyers are willing to buy at higher prices.
It has been trading against resistance since the 22nd of February. I therefore expect a reasonable breakout to the upside in the next week or so.
Go long when the price trades above the highs or wait for the price to break and close above the high.
Exit trade when the price closes below 20MA.
For your information. In the next few months they will introduce several big updates, such as the launch of their new testnet Vendetta, pre-mainnet, and the support for Polkadot parachain consensus.
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Cheers.
PHA USDT SHORT TERM FOR COMING DAYS PHA USDT short term and if you hold ot if you can wait buy at 0.8102 TP: HODL
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.
Phala network longspahal nice pryvacy protocol on polkadot can take up after re-accumulation process now on phase D sittin on the last level of support after jumping across the creek.
Phala networkphala accumulation on phase D on last point of support could take it back to the top of the range.
PHA - Phala Crosschain privacyPhala are already live on KSM. Currently the primary privacy project in the DOT / KSM ecosystem and could be one of the main crosschain cloud compute platforms in the future.
Chart also looks bullish. Massive consolidation triangle on the daily, and the RSI has broken resistance.
Some bullish news could be on the horizon as well regarding partnerships.
Phala network, possible channel targetHi, i was just playing with logarithmic chart, very possible setup.
PHALA - Sssshhhhh Here we have a serious privacy coin contender... everyone is so hell bent on privacy coins, yet dont operate a simple VPN lol, The best way to get hold of this coin would have been to get involved in the Kusama parachain auctions, i think they were giving 125 PHA for one KSM put forward, now if you are staking KSM, then its a great move... eitherway, PHA is the privacy coin on Kusuama network. However with all other privacy coins booming... it would be wise to keep one eye on this one.
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 Bullish Divergence Phala with bullish divergence on 4 hour chart and beginning to form on the 8 hour chart.
Decrease in volume over several days. Looking for next move up.
PHA@PhalaNetwork
Beautiful pennant formed
Above 200 EMA
Volume decreasing from pole until breakout
RSI bullish divergence
Core DOT security layer
200M MC (in a bullrun!)
Parachain incoming
@Polkadot
season.Solid FA.Expect this to rocket
$DOT $KSM $XOR $PSWAP
PHA Bullish Privacy Coin PHALA is a coin to watch. High potential to get parachain on polkadot, has got web3 grants and has a lot of upside with less risk in my opinion. With parachain auctions coming up I personally am pumped to see what Polkadot and Kudama projects get the first few parachains. Let me know what you think.
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DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
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