PHBBTC trade ideas
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
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[LONG] Potential 75% profit on PHB ?Nice ascending triangle forming on daily chart.
It will be interesting to see how it will go in the next couple of months.
RSI is still very low, wait for a rebound and consolidation
We could expect up to 75% profit from today.
TP1: 45
TP2: 55
TP3: Above 60ish area
We can expect a nice first pump in the next couple of days if we break this trend resistance line.
Trade at your own risks,
Good luck! :)
PHBBTC Long - Potential 48.65%PHBBTC Long - Potential 48.65%
Entry - 37
TP1- 45
TP2- 55
SL- 33
Please comment with thoughts and how you get on.
If you like the idea, then hit like on the idea & support with a follow.
Good luck out there!
Red Pulse Phoenix Binance (PHB) can break old resistance Red Pulse Phoenix Binance ( PHBBTC ) tested its support at MA200 as support recently and is moving within an ascending channel.
We are looking for/aiming at a higher high that can potentially hit 64 satoshis or higher.
Red Pulse Phoenix Binance (PHB) Aiming At A Higher HighRed Pulse Phoenix Binance (PHBBTC) tested MA200 as support recently and is moving within an ascending channel...
We are looking for/aiming at a higher high that can potentially hit 64 satoshis or higher.
We have the classic bullish signals in place... Meaning, a bullish MACD with a bullish cross as well as a strong RSI.
Wishing you great profits, wealth, health & success... Now & Always.
Namaste.
PHB/BTC (200D MA Key Support?)PHB/BTC
-The price bounces strongly after the 2nd retest of 200D MA
-The 33 sat zone is a confluence of ascending trendline, previous support & 200D MA
-If PHB can hold current price level and not close below the green support
-The chances of going up are higher, it might retest the recent swing top @ 55 sat
-No red flag as long as the upward trendline remains valid
PHB Buy1+Buy2 | Indicators | SignalsAll indicators suggest that Phoenix is ready for some upside!
All previous moon signals were a success , so this my be another one.
Maybe CryptoEngineering is a smart robot after all.
PHB/BTC | Golden Cross | S/R Flip Retest | Increasing Volume Today's analysis – PHB/BTC – Breaking bullish from its ascending wedge pattern, retracing to re-test daily support.
Points to consider:
- S/R flip retest
- Support confluence
- EMA Golden Cross
- Increasing Volume
- Oscillators above 50
PHBBTC trading in a healthy uptrend with a strong breakthrough daily resistance. Currently retracing to establish an S/R flip retest of daily support, price holding support will form a higher low on the chart forming a bullish bias in the market.
The 200 EMA is also in confluence with daily support; putting a strong emphasis on support being a key level. Price trading above the EMA is also considered bullish.
A golden cross of the 200 and 21 EMA will indicate momentum shifting to the upside; another confirmation supporting the bullish bias.
The break of daily resistance was backed by above-average volume; adding validity to the price action. Volume needs to remain above average to maintain strength in the market and avoid any fadeouts.
The RSI is ranging above 50, indicating strength in the market. Stochastics are reaching oversold conditions and may remain there for some time.
Overall, in my opinion, a successful S/R flip retest backed by volume validates a long trade to technical targets above with risk defined below daily support.
If you’ve read this far - thank you for following my work!
And as always,
Focus on you, and the money will too!
PHBBTC, Midterm view...Actually, there is no safe bet, but we have an entry zone at 24-28 and a safer one above 48.
Targets are 38 - 48 - 58 - 68 - 78. ;)
#PHB - triangle Fibs held nicely looks good to break the resistance & pump soon
#notfinancialadvisor
#DoYourOwnResearch
Trading Idea on PHB/BTCHello Traders
PHB seems that it is going to test the important support level of 0.00000035 which is the short term uptrend line.
I have already set my alarm to when it goes close to this support, will be a great opportunity to buy.
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Best regards Sandro and Gustavo.
