PHAUSDT.P trade ideas
Phala network, possible channel targetHi, i was just playing with logarithmic chart, very possible setup.
PHALA - Sssshhhhh Here we have a serious privacy coin contender... everyone is so hell bent on privacy coins, yet dont operate a simple VPN lol, The best way to get hold of this coin would have been to get involved in the Kusama parachain auctions, i think they were giving 125 PHA for one KSM put forward, now if you are staking KSM, then its a great move... eitherway, PHA is the privacy coin on Kusuama network. However with all other privacy coins booming... it would be wise to keep one eye on this one.
PHA - Possible ParachainPhala is one of the more commonly cited projects with a shot at parachain status on Polkadot.
Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction.
I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on those first day pumps in terms of wave count, please let me know.
PHA Bullish Divergence Phala with bullish divergence on 4 hour chart and beginning to form on the 8 hour chart.
Decrease in volume over several days. Looking for next move up.
PHA@PhalaNetwork
Beautiful pennant formed
Above 200 EMA
Volume decreasing from pole until breakout
RSI bullish divergence
Core DOT security layer
200M MC (in a bullrun!)
Parachain incoming
@Polkadot
season.Solid FA.Expect this to rocket
$DOT $KSM $XOR $PSWAP
PHA Bullish Privacy Coin PHALA is a coin to watch. High potential to get parachain on polkadot, has got web3 grants and has a lot of upside with less risk in my opinion. With parachain auctions coming up I personally am pumped to see what Polkadot and Kudama projects get the first few parachains. Let me know what you think.
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DISCLAIMER: This is NOT FINANCIAL ADVICE.. THIS IS FOR EDUCATIONAL PURPOSES ONLY
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PHA - Just Long itFound support at .9 fib after major pump. In re accumulation cycle should price hold current levels which l think it will. Currently pushing inverse level at .5 fib, showing nice strength. Entry for me will be around the Greedy buy level which should also be around the trend support line also.
phausdtIn the Deep Channel
Setting a trotline after sundown
if we went far enough away in the night
sometimes up out of deep water
would come a secret-headed channel cat,
Eyes that were still eyes in the rush of darkness,
flowing feelers noncommittal and black,
and hidden in the fins those rasping bone daggers,
with one spiking upward on its back.
We would come at daylight and find the line sag,
the fishbelly gleam and the rush on the tether:
to feel the swerve and the deep current
which tugged at the tree roots below the river.
WILLIAM E. STAFFORD
PHALA Hodlers must wait, rather sleep now.....Considering the corrent market conditions with no clarity of ups & downs, we may enter a downward trend for Phala. Though, price is within the channel, but MACD & RSI are in full mood to go down. Any how, waiting for the next confirmation. IF WE ENTER THE DOWNWARD TREND, THE ONLY THING CAN SAVE IS THE "SUCCESSFULL AUCTION SLOT FOR PHALA ON KASUMA & POLKA DOT...........
PHALA usdt- on HTF this can be the start of the retracement or it can still have another impulse move up to finish
- if its a correction we go down to at least 0.24-0.25, with max level at 0.155 - 0.18
- if we still move up mtf is showing 0.4 is the key area to BACA the higher targets are marked
Phala NetworkDefi Privacy Project and a good one, it's so new that i couldn't even find Metatags on Tradingview lol.
What's Phala ?
Phala Network is a privacy-preserving protocol for data-protection and blockchain smart contracts. Phala.Network guarantees the reliable execution of smart contracts while keeping the data secret. Confidential contracts run in miner nodes with Trusted Computing capable hardware, which guarantees the secrecy of the contract data.
Trading :
- i don't show indicators but they look very good.
- Buy now ariound 0.3$
- Rebuy 0.29$
- TP1 : 0.46$
- TP2 : 0.57$
invest wisely, don't go all in and follow BTC King Movements!
Happy Tr4Ding !
PHA ready for anothor leg upPHA follows Elliott Waves + Gann Fans very beautifully.
Great buying opportunity here to ride to the end of January.
**DYOR - NOT FINANCIAL ADVICE**
PHA to the moon!Hi guys, here my first analysis for Phala Network. Feedback would be nice.
I very like this Dot project and i think it has a lot of potential 2021.
Thanks and br
