phbusdt 4hWe are facing two scenarios
If you take a long position, be sure to observe the minimum of 1.56.
If the price correction continues, the range of 1.197 is a suitable and low-risk range for buying.
PHBUSD trade ideas
PHBUSD - Rising Wedge BreakdownA large rising wedge triangle is forming
These tend to break down bearishly, being a bearish pattern
I expect a drop down to the green up line and the orange horizontal line
The green up line is a stronger support line for price.
Daily Chart
PHB ANALYSIS (1W)Before anything, pay attention to the time frame. The time frame is big and time consuming.
To buy, we need a pullback and get a trigger.
PHB appears to be in its bullish wave C. Wave C is a diametric. It is completing wave e of C.
Closing a weekly candle below the green range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Just a Thought. In a perfect world the green box would be a solid point of entry between the range of 0.64 to 0.76 cents because of the following reasons:
If this uptrend holds true and there is a continuation upward, then a good entry point based on the fib retracement would be around the 0.236 line which happen to be sitting by the 50 EMA (0.75 cents). However, if this breaks and we are going further down, then the weekly fib channel suggests something else "
1- The retracement to the structure retracement would be within the bottom of the channel this coin is trading in which collides with the 100 EMA.
2- The weekly fib channel patterns retracement of 0.236 suggests an entry point in low 0.60s price range.
The next major target on the weekly would be at the 0.618 fib channel line which translates to $2.66. Both the fib retracement and weekly fib channel agree on the 1st major target to be at the previously discussed range.
Not a financial advice. I am Simply sharing ideas and I could be correct or wrong. If the bitcoin ETF is approved, then trading on news cancels TA since everyone FOMO into their favorite coin.
PHBUSD: Red 9Phoenix is a Layer 1 and Layer 2 blockchain infrastructure, empowering intelligent Web3 applications, focusing on the next generation of AI & Privacy-Enabled Web3 Apps. Phoenix (PHB) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform.
Big Drop / Stay Away1- Three Push
2- Weekly Divergence
3- Five waves completed
4- MPL being made at ATH
5- Two Weekly Engulf at ATH + Pin bar
6- Price over extended as you can see in Curve
PHB /USD ideaPHB /USD idea
next week trend direction
the price will down to 0.70 and then will up to more than 3usd
PHBUSD Break long term high CCI level 6h PHB USD breaking above.
After a rough beginning of the year we are starting to see signs of a long-term reversal.
After consolidating below previous level we are seeing a rise above previous resistance.
This is the first measurable occurrence of a breakout over consolidation since the redenomination.
$PHBUSD$PHBUSD looking bullish started to make uptrend and weekly macd to cross bullish if expecting high returns like 20-50x then this is the coin which could easily do this
$PHBUSD$PHBUSD started making uptrend higher highs and higher lows and weekly ema ribbons started flipping bullish and $PHB is very likely to close weekly above 21 weekly ema...weekly close above 0.035$ will make this moon ...easy 20-30x for this coin...
$PHBUSDT$PHBUSDT has started making an uptrend and inverse h & s llikely which could break up minimum 10-30x for this one $PHB
PHB 3 Day Still BullishPHB is still Bullish on the 3 Day until broken downwards.. Big Potential for a rise Still.. Keep a tight Stop Loss of 3% Maximum
PHB/USD, 90 TO 500% BEARISH SHARK LEG UP, BULL DIV (WEEKLY)I AM NOT A FINACIAL ADVISER, DO YOUR OWN RESEARCH!
PHB/USD, INSANE POTENTIAL, harmonic & falling wedge (near apex)I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
$PHB/$PHX trying to wake up from deep sleep$PHX / $PHB has been the most underperforming coin in recent time, Daily charts suggest it's trying to wake up after a long time.
Expecting some fireworks from it.
