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PHB

Phoenix Global Consolidation Plus Signals ExplainedHere we have Phoenix Global (PHBBTC) which we have been waiting for a while... This pair has been consolidating since June when the first low was hit after April's peak. 15 Satoshi continues to be our baseline and so far we are looking good as prices remain above this level. The reason I am writing about this pair today is that I saw a challenge of EMA50 (18 satoshi/ 0.00000018) which is the most important level to look at short-term pertaining to strong bullish growth. We also see EMA10/21 being challenged/conquered. Now, here is the signal that gives away the fact that the consolidation period is reaching its end. Notice PHBBTC from May printing lower lows. Now I will show you the RSI and MACD, both printing higher lows. MACD: RSI: That's a bullish divergence. When combined with the signals we read above it makes for a strong case that it can only take a few weeks before the next bullish run. The time period can vary wildly, we do not worry about it, we simply buy and we hold. Patience is the key. That's my strategy. Thanks a lot for your continued support. Namaste. P.S. There can always be one last strong checkout before the bullish wave becomes 100% obvious.

 Sometimes it is a long wick or it can take a week. We use manual stop-loss and do not worry about this.
Long
by AlanSantana
5
Phoenix Global (PHB) Chart Analysis + Upcoming Bullish EventHere we have the PHBBTC chart and it's upcoming event... First, the event. Phoenix Global will do a "Token Redomination", according to an article shared on Medium. They are going to reduce the token supply by 100. For every 100 old PHB, there will be only 1 new PHB. Now the chart. We have a 1,2,3 sequence mapped here. This is very common. We have the usual higher low compared to January, something we see with every other Altcoin. I predicted this would happen years ago. (1) Is the price drop. After a strong bullish wave a correction takes place. This is normal. (2) Consolidation/accumulation. After the correction is done, there is a phase of accumulation where the whales have time to rebuy and reload. (3) What goes next is the price jump. All these details can be found on the chart. Thank you for reading. Come back again and again. Hit LIKE, comment, FOLLOW ME and make sure to share. Namaste.
Long
by AlanSantana
6
PHBBTC (05/05/2021)On the 1W chart, the price of PHBBTC has formed a falling wedge, the border of which the price has already successfully crossed. Also, the upward movement was accompanied by increasing trading volume, which indicates a strong bullish sentiment. On the 1D chart, the PHBBTC price has corrected to the level of 50% by Fibonacci, where solid support has been established. At the moment, a possible initial growth impulse has been formed, which may become the beginning of the continuation of growth. We recommend buying PHBBTC at current prices to keep the position above 0,000001.
Long
by QubitLife
2
PHB ready for another leg upPHB is now forming a triangle and now at the support line. Phoenix Global team is working on the developments and partnerships of the project. PHB recently deployed on the Binance smart chain and staking pools are confirmed. Phoenix Oracle beta version is about to launch in the coming weeks. PHB is now running on the testnet and the team is working to roll out the Phoenix mainnet update. Buy Zone: 51-52 Target: 58-64-69-76-83-90-98-107-118-133-147-159-174
Long
by Bitcoinik
PHB forming symmetric triangle PHB is now forming a symmetric triangle and now at the support line. Phoenix Global team is working on the developments and partnerships of the project. PHB recently deployed on the Binance smart chain and staking pools are confirmed. Phoenix Oracle beta version is about to launch in the coming weeks. PHB is now running on the testnet and the team is working to roll out the Phoenix mainnet update. Buy Zone: 53-54 Target: 59-64-69-76-83-90-98-107-118-133-147-159-174
Long
by Bitcoinik
✳️Red Pulse Phoenix Binance/BTC (25/10) #PHB $PHB #PHBBTCPHB is moving inside a Descending Triangle pattern and look like PHB is trying to break the lower edge, which is 22sts. If this 22sts level be broken, PHB may dump to 15-16sts in just some days and here is quite worthy to buy in with tight stoploss is 14sts. But PHB is a pump & dump coin, so it may make a flash pump anytime. So we will buy it if it turns back to 25-26sts because it will move up quickly to 34-35sts and the final target that we can measure is 45sts zone.
by CryptoStation