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Phbusdt

PHBUSDT long Spot TradePHBUSDT Elliott Wave Technical Analysis Mode: impulse Position: Wave (4) Direction: Wave (4) is still in play Details: Wave (4) is still in play which I expected to be end around 2.2-1.95 which will be my entry point. Next Direction: Wave (5) Targets : TP1: 4.3 with about 100% profit TP2: 4.9 with about 140% profit TP3: the area between 5.2-5.4 with about 160% profit Wave Cancel invalid level: Daily closing below 1.79 with 12% loss. Disclaimer: This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Long
by ahmadsaad83
PHB buy setupThe large structure of the PHB is a bear. But recently a bullish iCH has been formed on the chart and the price is constantly making higher Hs. It is expected that the price will move towards the targets by meeting the demand. The targets are clear on the chart. Closing a 4-hour candle below the invalidation level will violate the analysis. Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
PHB looks bearishPHB appears to be involved in an ABC correction. Now it looks like the inside of wave B and wave B looks like a triangle. The red range of supply is the best place for a sell/short position. The targets are clear on the chart Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
6
PHBUSDT.4HPHB/USDT 4-hour chart, several critical technical indicators and levels stand out, providing insights into potential price movements. Trend and Resistance Analysis: The chart shows that Phoenix (PHB) has experienced a significant upward trend recently, with the current price at approximately 2.9137 USD. The price is following an upward sloping trend line, indicating strong bullish momentum. There are two major resistance levels to watch: R1 at 3.1619 USD and R2 at 3.8438 USD. The price is currently approaching R1, and a successful break above this level could see it testing R2, indicating further bullish momentum. Support Levels: On the downside, the primary support level is identified as S1 at 2.4241 USD. This level has shown strong buying interest and could act as a floor if the price starts to decline. Below S1, the next significant support levels are S2 at 2.0440 USD and S3 at 1.1253 USD, which have been critical support zones in the past. Volume Analysis: The volume pattern indicates that the recent upward movements were accompanied by substantial trading volume, reinforcing the bullish sentiment. High volume on price increases typically suggests strong market participation and confidence in the upward trend. Conclusion: In conclusion, the PHB/USDT pair is currently in a strong bullish trend, supported by a rising trend line and significant trading volume. The key resistance levels to watch are 3.1619 USD and 3.8438 USD. A break above these levels would confirm continued bullish momentum. On the downside, the support levels at 2.4241 USD, 2.0440 USD, and 1.1253 USD are critical for maintaining the bullish outlook. A failure to hold these support levels could lead to a deeper retracement. Overall, the market sentiment for PHB remains optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
Long
by MarsSignals
PHB/USDT Retest is valid, ready for continue upward movement!💎 Paradisers, #PHB is indeed a coin worth monitoring closely. It has successfully broken through the resistance area, transitioning it into a support zone. 💎 Moreover, PHB has also managed to break free from the confines of a descending channel pattern. These developments suggest a bullish momentum with a trend reversal from bearish to bullish. 💎 Given this scenario, the potential for PHB is further upward movement, with the next target being the resistance around the $3.15 area. Breaking through this level is crucial for PHB to reach our target strong resistance area at the all-time high (ATH). 💎 However, if PHB fails to sustain its upward trajectory and instead consolidates around the support area, it could signify weakness in the support. In such a scenario, there's a risk of the support breaking down, leading PHB back into a downward movement towards the demand area around $1.49. 💎 It's worth noting that historically, this demand area has demonstrated resilience for PHB, with previous instances resulting in significant bounces. However, if PHB fails to bounce from the demand area and instead breaks below it, the bullish thesis would be invalidated. This would signal further downward movement, potentially pushing PHB into a deeper decline. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
8
PHB/USDT Bounce from the support and ready for continue upward!💎 PHB has recently undergone notable market dynamics, currently showing signs of bouncing from a support area. 💎 There is potential for PHB to resume its upward trajectory and test the resistance around the 3.16 area. A successful breakout above this resistance, probability could pave the way for PHB to revisit its previous all-time high zone. 💎 However, if PHB fails to bounce from the support and instead breaks below it, the next support level to watch is around the $1.7 to $1.5 area. This support zone coincides with PHB's previous all-time high, which could now act as a strong support. 💎 Upon reaching the support around $1.7, it's crucial for PHB to bounce if it intends to continue its bullish movement. A failure to do so, resulting in a breakdown below the support area, could indicate bearish momentum and lead to further downward movement for PHB's price.
by MyCryptoParadise
Saucer pattern presenting potential profit of +900% through PHB#PHB/USDT #Analysis Description --------------------------------------------------------------- + PHB has formed a well-defined saucer pattern and has effectively broken out from the resistance level associated with this pattern. + This presents an opportune moment to enter the trade. I anticipate a significant price surge following this breakout. + I'm initiating my entry at the current price, leveraging 10x with only 0.25% of the capital allocated to this trade. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 1.8667 Stop Loss: 1.4259 ------------------------------ Target 1: 2.1153 Target 2: 2.4014 Target 3: 2.8614 Target 4: 3.6370 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
2
PHB/USDT Keep an eye!! Success Reclaimed back and Bullish Moment💎 PHB has recently experienced significant market dynamics. Currently, PHB has successfully reclaimed the price above the previous resistance area, which has now turned into a support level. 💎 The current phase involves retesting this support for a potential continuation of the upward movement, with the price probability resuming its climb toward the strong resistance area. 💎 However, if PHB fails to bounce from this support level, it could indicate a false breakout scenario. In such a case, the price would likely retreat back downwards, possibly towards the demand area. 💎 The demand area holds critical importance as it signifies a key level of support. A bounce from this area would be necessary to maintain the upward momentum. However, if PHB breaks below the demand area, it could signal a bearish momentum shift, with the price potentially falling towards the strong support area.
by MyCryptoParadise_Nathan
6
PHB/USDT Bullish Momentum for PHB if the break is successful.💎 PHB has recently faced significant market dynamics, encountering a strong rejection at the resistance of its all-time high. 💎 There's potential for the price to undergo a downward retracement, testing the Bullish OB (Order Block) area to establish new momentum for another attempt at breaking out. If the breakout occurs without a retest of the OB area, it probability could signal a move toward our target area. 💎 During the retest of the Bullish OB area, PHB must bounce off this level and resume its upward trajectory to attempt another breakout above the resistance. 💎 However, if PHB fails to bounce and instead breaks down below the Bullish OB, it may indicate a shift towards a more bearish sentiment, leading the price downwards towards the demand area. 💎 The demand area serves as a critical support zone, and its breach could signify a significant downturn for PHB. Therefore, PHB needs to bounce off this level to maintain its bullish momentum. Failure to do so may lead to further downward movement for PHB.
by MyCryptoParadise
PHBUSDT.4HBased on the provided market data, it appears that the PHB/USDT pair is currently in a relatively stable position. The current price is at 0.9180 USDT, which is close to the 4-hour (0.95 USDT) and 1-day (0.94 USDT) Bollinger Bands (BB). This suggests that the price is not experiencing extreme volatility. The Relative Strength Index (RSI) values for 4-hour, 1-day, and 7-day are all above 50, indicating that the market is more on the bullish side. However, they are not extremely high, which means the market is not overbought and there might still be room for upward movement. The Moving Average Convergence Divergence (MACD) values are positive for 4-hour and 7-day charts but negative for the 1-day chart. This mixed signal might suggest some uncertainty in the market. The support and resistance levels suggest that there is a stronger resistance on the upside compared to the support on the downside. Particularly, the 1-day and 7-day resistances are higher than their support counterparts. This might indicate a bullish sentiment in the market, but also suggests that upward movements might meet significant resistance. In conclusion, while there are some signs of bullishness in the PHB/USDT market, there are also signs of potential resistance and uncertainty. It would be wise to monitor the market closely for any changes in these indicators. As always, it's important to consider other factors, such as news events or changes in the broader crypto market, when making trading decisions.
by MarsSignals
PHB LOOKS BEARISHBy maintaining the red range of supply, it seems that PHB can drop more. A liquidity pool is swept above and then the Order Flow (OF) is well done. Now we have liquidity pools in the lower limits, it is expected that the price of the lower pools will also collect. By LSH, we mean the Long Shadow, which is a marked support on the chart. The targets are marked on the chart. Closing a daily candle above the supply range will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
3