Get started

Phbanalysis

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.
Long
by ahmadsaad83
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.
Long
by MarsSignals
PHB LOOKS BEARISHBy maintaining the red range of supply, it seems that PHB can drop more. A liquidity pool is swept above and then the Order Flow (OF) is well done. Now we have liquidity pools in the lower limits, it is expected that the price of the lower pools will also collect. By LSH, we mean the Long Shadow, which is a marked support on the chart. The targets are marked on the chart. Closing a daily candle above the supply range 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
Short
by behdark
3
PHB Chinese Narrative to $6Hi guys ! Since Chinese narrative is around the corner Here is the AMEX:PHB one of the biggest coin for Chinese narrative seasooooon! Based on my T.A AMEX:PHB is currently on Ascending Broadening Wedge, that targeting the next resistance which is located around $3 to $6 with this Volume at the major support, Chinese narrative season and the fundamental of this coin I am really confident on this one Thank me later if you profit from here... Buy me something! HAHAHAH charot! Godluck! trade responsibly
Long
by SpyMk