Phoenix / Bitcoin
Long
Updated

$PHX - Good Altcoin For Buying on Binance.

825
This project is very strong from both sides (fundamental & technical).

Fundamental Part: Binance supported a Red Pulse Phoenix (PHX) migration to the Binance Chain. Moreover, Binance exchange listed this token. As we know, Binance is on a good hype at the moment which makes these news very strong and positive.

Technical Part: There we can a strong ascending support and a weak (thin line) resistance that forms a triangle. Due to all mentioned reasons, volumes are increasing, which is also a quite bullish sign.

All in all - good asset for buying.
Note
By the way, PHX on Binance has another ticker - PHB

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