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Phbusdt

PHB/USDT attempts to break supply? 👀 🚀PHB Today analysis💎 Paradisers, turn your attention to #PHBUSDT as it presents an enticing trading setup. Currently positioned in a demand zone and gearing up to breach a supply level, there’s a high probability of an upward movement following a successful breakout. 💎 #PhoenixGlobal has followed a pattern of breaking above a descending channel, leading to an upward trajectory. It is now trading in what appears to be an accumulation zone, suggesting a considerable chance for a bullish movement. If this upward trend continues, AMEX:PHB aims to target the supply level at $0.8790, with the potential to push further towards the higher Bearish Order Block at $1.1749. 💎 For the insightful Paradisers, timing is key in leveraging this opportunity. It's crucial to pinpoint the most opportune entry points during this expected rise, while also being mindful of avoiding entry at the market's peak. In addition, be ready for a bullish rebound from the demand level of $.6458, especially if the price successfully surpasses the $.7555 level. However, a drop below this demand level could raise concerns about the potential for a sustained bullish trend. 💎 In this dynamic and ever-changing market landscape, strategic foresight and intelligent decision-making are essential. Developing a comprehensive trading strategy that includes sound money management and an in-depth understanding of support and resistance levels is vital for achieving favorable trading results. 🌴💰
Long
by MyCryptoParadise
1
PHB: breakout this falling wedge pattern!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #PHB/USDT After a long time, PHB breaks this 208D-long Falling wedge pattern in the 1D time frame. But we still need a retest of this pattern to conform this pattern. IMO, it looks good to buy in a spot with a SL if any candle closes below the upper support of this pattern. If everything goes well, we can expect a good return in the upcoming bull run. This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4
PHB/USDT Bullish Momentum ?? Phoenix Today AnalysisYello Paradisers, Phoenix Analysis: A Crucial Juncture 💎PHB has twice tested a robust demand zone, and there's a high likelihood of a significant upward bounce from this level. 💎During its first encounter with this strong demand area, PHB surged by 60% before facing resistance and gradually retracing back to the same zone. 💎Given the historical strength of this area and the accumulation of buyers, PHB is poised to potentially replicate its previous performance with a strong bounce. 💎However, if PHB fails to hold this crucial demand zone, it could signal a continuation of its bearish trend, leading to further declines in price. Keep an eye on this pivotal area for your next move.
by MyCryptoParadise_Nathan
PHB Chinese Narrative to $6Hi guys ! Since Chinese narrative is around the corner Here is the AMEX:PHB one of the biggest coin for Chinese narrative seasooooon! Based on my T.A AMEX:PHB is currently on Ascending Broadening Wedge, that targeting the next resistance which is located around $3 to $6 with this Volume at the major support, Chinese narrative season and the fundamental of this coin I am really confident on this one Thank me later if you profit from here... Buy me something! HAHAHAH charot! Godluck! trade responsibly
Long
by SpyMk
PHBUSDT 4H - Clear upward trendIts ATH was on Feb 06th at 0.5744, at this point it is trying to breach the median of the keltner channel towards the upper band at 1.2275. Since January 8th, the PHB has been transiting above the MM200, which indicates that it is in a clear upward trend. The MM200 also becomes a powerful support, followed by the lower band of the Keltner Channel. The Phoenix Token, known as PHB, is a utility token native to the platform used as a means of payment for all Phoenix Global ecosystem services. A possible reason for the price increase is that a token redenomination took place on November 2nd. Phoenix Global was born as a result of the strategic merger of Apex Network and Red Pulse, which triggered a significant increase in the global token supply, up to 3.5 billion. To work around this issue, token redenomination was set to 100:1 (old:new). Therefore, the total supply was reduced by a factor of 100, the price was multiplied by 100, and the supply dropped from 3.5 billion to 35 million tokens. Here are the supports and resistances in the 4H: Main support levels : 1.0381 / 1.0001 / 0.8649 Main Resistance Levels: 1.2275 / 1.5744
by ferulianov