Phenor

Phenor Updated 

The concept of advance breakout and breakdown is highly effective in technical analysis, especially with indicators like the Relative Strength Index. An advance breakout occurs when the RSI indicator surpasses its previous peak or breaches a trendline while the price has not yet done so. This serves as an advanced or early signal, suggesting that the price will...

Phenor Updated 

Interesting zone to fill the bags. This asset's potential and its tokenomics make me think it is currently undervalued. If the double bottom plays out, we could see some nice returns.

Phenor Updated 

Very risky considering the context (BTC halving and all the FUD that comes with it) and the chart above. But the RSI is currently displaying a bullish div (1h TF) and the volume has been kind of low which might suggest a trend reversal. New asset, so not much data. Spot only if you choose to follow this idea. Good luck!

Phenor Updated 

Just a little idea to give the bears a scare and the bulls some hope :)

Phenor Updated 

Be careful if you've opened a long position. The BTC chart is looking pretty bearish right now on higher and lower time frames, which means almost every other coin/token is probably about to look bearish as well.

Phenor Updated 

I never short, even when I firmly believe things will go down, so I won't advise it. However, this is what I think will probably happen, and it's been that way for a while now. Act cautiously. Do not follow blindly what "analysts" and random people like me write on the internet. Let's all use our own brain. Do not invest what you can't afford to lose. If...

Phenor Updated 

Bears are showing signs of exhaustion. The price is being pushed back up.

Phenor

Self-explanatory. Furthermore, volume is up and price is more than 90% down from ATH a few months ago. I would wait for the retest of the resistance line. Best regards.