PHB
PHB looks bullishIt looks like the PHB is forming a triangle.
We are now in wave E of this triangle.
The green range is a suitable support where we can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PHB LongPHB Long Setup
Reason:
Breakout of Accumulation Zone.
Breakout of Trendline.
Strong Bullish momentum with volume.
Expecting a bullish impulsive move soon.
All Technical Indicator suggesting a Solid Breakout.
Regard, The Crypto Panda
BINANCE:PHBUSDT.P
BYBIT:PHBUSDT.P
BINANCE:PHBUSDT
MEXC:PHBUSDT.P
PHB Looks BullishThe PHB has finished a major correction ABC.
It is now in a bullish phase. The PHB has just reached a supply limit.
Given the good news that has been released for the AI space, the bullish movement is expected to continue.
The best place to rebuy is the green range. If PHB returns to the green range, we will look for buy/long positions.
The targets are inserted on the image.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PHB Technical AnalysisHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
PHB/USDT is currently trading within a descending triangle pattern, with the price approaching a critical support zone. The support zone between $1.380 to $1.550 has provided strong buying pressure, preventing further declines.
A bounce from this support area could indicate a potential reversal.
- Support/Entry: $1.380 to $1.550.
- Primary Resistance: 50 EMA at $1.867.
- Invalidation point: A breakdown and close below the support level.
DYOR, NFA.
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PHBUSDT long Spot TradePHBUSDT Elliott Wave Technical Analysis
Mode: impulse
Position: Wave (4)
Direction: Wave (4) is still in play
Details: Wave (4) is still in play which I expected to be end around 2.2-1.95 which will be my entry point.
Next Direction: Wave (5)
Targets :
TP1: 4.3 with about 100% profit
TP2: 4.9 with about 140% profit
TP3: the area between 5.2-5.4 with about 160% profit
Wave Cancel invalid level: Daily closing below 1.79 with 12% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
PHB buy setupThe large structure of the PHB is a bear. But recently a bullish iCH has been formed on the chart and the price is constantly making higher Hs.
It is expected that the price will move towards the targets by meeting the demand.
The targets are clear on the chart.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
PHB looks bearishPHB appears to be involved in an ABC correction.
Now it looks like the inside of wave B and wave B looks like a triangle.
The red range of supply is the best place for a sell/short position.
The targets are clear on the chart
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PHBUSDT.4HPHB/USDT 4-hour chart, several critical technical indicators and levels stand out, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Phoenix (PHB) has experienced a significant upward trend recently, with the current price at approximately 2.9137 USD. The price is following an upward sloping trend line, indicating strong bullish momentum. There are two major resistance levels to watch: R1 at 3.1619 USD and R2 at 3.8438 USD. The price is currently approaching R1, and a successful break above this level could see it testing R2, indicating further bullish momentum.
Support Levels:
On the downside, the primary support level is identified as S1 at 2.4241 USD. This level has shown strong buying interest and could act as a floor if the price starts to decline. Below S1, the next significant support levels are S2 at 2.0440 USD and S3 at 1.1253 USD, which have been critical support zones in the past.
Volume Analysis:
The volume pattern indicates that the recent upward movements were accompanied by substantial trading volume, reinforcing the bullish sentiment. High volume on price increases typically suggests strong market participation and confidence in the upward trend.
Conclusion:
In conclusion, the PHB/USDT pair is currently in a strong bullish trend, supported by a rising trend line and significant trading volume. The key resistance levels to watch are 3.1619 USD and 3.8438 USD. A break above these levels would confirm continued bullish momentum. On the downside, the support levels at 2.4241 USD, 2.0440 USD, and 1.1253 USD are critical for maintaining the bullish outlook. A failure to hold these support levels could lead to a deeper retracement.
Overall, the market sentiment for PHB remains optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
PHB/USDT Retest is valid, ready for continue upward movement!💎 Paradisers, #PHB is indeed a coin worth monitoring closely. It has successfully broken through the resistance area, transitioning it into a support zone.
💎 Moreover, PHB has also managed to break free from the confines of a descending channel pattern. These developments suggest a bullish momentum with a trend reversal from bearish to bullish.
💎 Given this scenario, the potential for PHB is further upward movement, with the next target being the resistance around the $3.15 area. Breaking through this level is crucial for PHB to reach our target strong resistance area at the all-time high (ATH).
💎 However, if PHB fails to sustain its upward trajectory and instead consolidates around the support area, it could signify weakness in the support. In such a scenario, there's a risk of the support breaking down, leading PHB back into a downward movement towards the demand area around $1.49.
💎 It's worth noting that historically, this demand area has demonstrated resilience for PHB, with previous instances resulting in significant bounces. However, if PHB fails to bounce from the demand area and instead breaks below it, the bullish thesis would be invalidated. This would signal further downward movement, potentially pushing PHB into a deeper decline.
MyCryptoParadise
iFeel the success🌴
PHB ANALYSIS (1W)Before anything, pay attention to the time frame. The time frame is big and time consuming.
To buy, we need a pullback and get a trigger.
PHB appears to be in its bullish wave C. Wave C is a diametric. It is completing wave e of C.
Closing a weekly candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PHB/USDT Bounce from the support and ready for continue upward!💎 PHB has recently undergone notable market dynamics, currently showing signs of bouncing from a support area.
💎 There is potential for PHB to resume its upward trajectory and test the resistance around the 3.16 area. A successful breakout above this resistance, probability could pave the way for PHB to revisit its previous all-time high zone.
💎 However, if PHB fails to bounce from the support and instead breaks below it, the next support level to watch is around the $1.7 to $1.5 area. This support zone coincides with PHB's previous all-time high, which could now act as a strong support.
💎 Upon reaching the support around $1.7, it's crucial for PHB to bounce if it intends to continue its bullish movement. A failure to do so, resulting in a breakdown below the support area, could indicate bearish momentum and lead to further downward movement for PHB's price.
MDT wants to follow PHBMDT VS PHB
Both coins are AI coins
Both have small MC
Both printed Huge Ascending triangle
Phb pumbed hard recently so all the eyes on MDT now
It looks so obvious it wants to follow it’s sister
Note : MDT above our entry by 60% but will continue pumping hard once it brokes the massive bullish pattern
Best of luck
Saucer pattern presenting potential profit of +900% through PHB#PHB/USDT #Analysis
Description
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+ PHB has formed a well-defined saucer pattern and has effectively broken out from the resistance level associated with this pattern.
+ This presents an opportune moment to enter the trade. I anticipate a significant price surge following this breakout.
+ I'm initiating my entry at the current price, leveraging 10x with only 0.25% of the capital allocated to this trade.
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VectorAlgo Trade Details
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Entry Price: 1.8667
Stop Loss: 1.4259
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Target 1: 2.1153
Target 2: 2.4014
Target 3: 2.8614
Target 4: 3.6370
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
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Enhance, Trade, Grow
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VectorAlgo