PHX/BTC could look to move higher following consolidation. PHX/BTC had an insane run to 1000 sat's yesterday. Now, we are consolidating and could look for another move up soon. As shown by the chart, the .382 fib level around 500 sat's has acted as a support zone so far for the most part. I'll be watching for a break above 614 and 690 with conviction, respectively. We saw GO/BTC have a similar initial move, consolidate, then move up higher then the initial move. There is a chance PHX/BTC could be similar in that regard.
Entry: 485-540
Target 1: 614 (.618 fib level)
Target 2: 690 (.786 fib level)
Target 3: 787 (1 fib level)
Target 4: 910 (1.272 fib level)
SL: 460-470 (below the recent low around 480.)
These targets could be exceeded if we really get some nice momentum and buying pressure (as we've seen with other coins that have similar circumstances.)
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility.
PHXBTC
PHX/BTC - 30m - Expecting Upwards MovementRVN had a nice retracement and is ready to trade.
MACD turns bullish, Bollinger Bands are narrowing, Volume is huge.
Trade carefully and with low capital allocation.
Trade active @ 0.00000525 BTC
There is no specific target, as a pump could end anywhere. I'll watch the 5min chart for the rest of the day :-)
Red Pulse (PHX) Next To Sky Rocket (146% Up)PHXBTC has increased by a massive 146% since bouncing from bottom on the 12th September.
Just in the last two days, PHXBTC has increased by a massive 80%.
- Regardless of the day of the week, altcoin after altcoin is doing great numbers and breaking out.
- More proof that the bulls are reentering the market...
The altcoins market continues to heat up.
Please like for support.
Namaste.
Daily Bullish Signal #PHX #PHXBTC (30-09)#PHX (PHX/BTC)
Buy : 200-205
Flash Sell : 210
Short Sell : 215
Long Sell : 220-230-240-250-260
Stop : 190
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PhoenixPHX/BTC
I did not find much information about this coin
But when I saw the name of this coin, I immediately remembered the article by the economist from 1988 about a currency that will be called a phoenix.
Read more
socioecohistory.wordpress.com
altcoopsys.org