$PHX breaking out of descending triangle that it has been confined to since its move up to 1000 satoshis. Bullish TK cross on the hourly suggests a higher high (>468 satoshis) is on its way. After that, the road is clear to 1000 sats and beyond...
Buy Price: Green Line Profit: Blue Lines Support: Orange Line SL: Below Support line Invest Suggestion: 20 Percent Profit Expectations: - 5 - 15 - 25 Percent Just hold and watch. All targets will be reached in a few day. But it's recommended to hold it for 7 days if any target not reached. Sell when you got some profit, according to your way of trade. I am...
It appears that wave one is nearing completion if not complete already. Based on the strength of the previous impulse wave up (Wave 1) this third wave may have alot of strength behind it as well. I have drawn my targets in a very conservative way. More aggressive traders may want to set higher targets based on price action at the time of the next impulse wave...
We got a break in the market structure here, and now we have to wait for some retracement to look for a buy. There's a bullish breaker nested between .62 and .705 fib retracements which is a great spot for Phoenix to retrace before attempting to break new highs. This retrace would also fill that small void we left during the pump. Some terms I used here: -...
You can confirm the chart that I published here:
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We got a break in the market structure here, and now we have to wait for some retracement to look for a buy. There's a bullish breaker nested between .62 and .705 fib retracements which is a great spot for Phoenix to retrace before attempting to break new highs. This retrace would also fill that small void we left during the pump. Some terms I used here:...
Hello guy, what's up today! After PHXBTC heavy correction, key support at 350 is hopeful. I believe this triangle break from above. Why? - RSI still shows us 62 level is touchable. - MACD is in the uptrend moving. Resistance on 425 needs to touch because it confirmed on 5th of Nov while price reaches to 408. After that resistance, 420 could push down the price a...
PHX hit support and might reverse at this point. RSI is oversold and we've hit a major Fibonacci Retracement level after a massive pump last week.
PHX saw a retarded pump this weekend! But with such a pump comes another 1 as soon as we reach certain levels. I think we have done a healthy retracement and busy completing a falling wedge - this indicated for us a bullish reversal sign with a count of 3-3-5 Entering this trade and adding a conservative target as I feel one cannot be too greedy after the previous pump!
DON'T SAY I DIDN'T WARN YOU ! White horizontal line represents the 390 satoshi price that $PHX began trading at on Binance. But who knew about $PHX then? Just me. Now, you do too. Having peaked $100,000,000 in trading volume (its btc pair on binance exceeded even Binance's btc/usd volume) there is newfound interest, and more importantly new money in this...