PHBBTC trade ideas
$PHB, Crossed above ~66sats level with slowly increasing volume$PHB
Crossed above ~66sats level with slowly increasing volume
UCTS Buy signal on the 12H chart
Would like to see interaction with this level (and a R/S Flip / EMA50 cross) for a potential entry as continuation of the uptrend
Targets from here ~74 / 87 sats
Set alerts!
#PHB
New cycle?Everything makes me think this coin is about to jump. Good phase of accumulation has past (bollinger stretching), even if we're moving below ichimoku. Ao very bullish on h4, bullish divergence on stochastic (smooth 3). Rsi trendline will hold at least one more time. Fear beats greed, but in a while it can rise and overcome. 53 support on fibo thanks to gann fan will make it bounce right through 66. Targets are long-term marked on graph. Trade safe as BINANCE:BTCUSDT seems very volatile.
Red Pulse Phoenix After 120%+ Of Profits | Round 2Our last for Red Pulse Phoenix (PHBBTC) generated over 120% of profits, the first round, now we are getting to round #2.
You can find the previous chart here:
PHBBTC now has the possibility of moving up after completing a retrace. If there is a rejection, prices can move lower and then a stronger bullish wave will come.
My view right now is that PHBBTC support will hold and it will start to climb higher... Remember that the charts are always changing.
Namaste.
Binance DEX in Listing a BCH-Pegged TokenBinance DEX in Listing a BCH-Pegged Token
Binance DEX recently received a proposal from the CEO and founder of major cryptocurrency exchange Binance Changpeng Zhao (CZ). He proposed to list a token pegged to Bitcoin Cash (BCH) on Binance DEX.
In the post in the official Token Issuance & Listings of Binance on October 17, CZ suggested to lit BCH-1FD, a pegged token tracking the value of the native asset of the Bitcoin Cash. And it also wants to give a token pegged BCH value for trading on Binance DEX. It reads, “In 2017, the Bitcoin community split into two: BTC and Bitcoin Cash (BCH). BCH is a peer-to-peer electronic cash system.”
Moreover, CZ indicated that Binance would provide conversion of BCH and BCH-1FD through deposit or withdraw. Also, there is not much improvement in the token or any potential of conflict of interest.
In the proposal, the user can swap the token for native BCH on Binance.com. Recently, the total circulating supply of BCH-1FD sums up to 5,000 BCH. However, this can become more in the future.
The post declared, “BEP2 BCH is mintable, and the total supply will increase as market demands. All the issued BEP2 BCH will be backed 1:1 by native BCH sitting in a publicly disclosed reserve address that can be monitored by anyone at all times.”
Bitcoin Price
Elsewhere, on October 17, Bitcoin is hovering just over the $8,000 price mark. Then, XRP shows strong gains on the day. All the top 20 coins are displaying positive gains in the range of 1 to 4%. And XRP took the lead as the top performer.
Recently, notorious crypto skeptic Nouriel Roubini admitted that Bitcoin is a partial store of value. However, he swiftly followed up his comment with further criticisms. He stated, “Maybe Bitcoin is a partial store of value, but it’s not a unit of account. It’s not a means of payment. It’s not scalable.”
PHBBTC hitting support of Wedge | Upto 14% expectedriceline of Red Pulse Phoenix ( PHB , PHX ) / Bictoin cryptocurrency is moving within a falling wedge and hitting the support.
MACD's histogram is fluctuating between weak bearish to strong bearish soon it will be turned bullish.
Pirce action is also hitting at pivot 1st support.
Volume sell oscillator is down in negative 24 indicating seller are bears are weak now.
I have defined targets using Fibonacci sequence:
Sell between: 0.00000080 to 0.00000086
Regards,
Atif Akbar (moon333)
PHX , PHBBTC formed bullish BAT | Upto 15% expectedPriceline of Red Pulse Phoenix ( PHB , PHX ) / Bictoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000080 to 0.00000078
Sell between: 0.00000084 to 0.00000090
Regards,
Atif Akbar (moon333)