PHAUSDT printing bearish PHAUSDT printing bearish most likely to to be bullish, shall be traded at a breakout for LONG or SHORT limit order as seen on the chart.
PHAUSDT.P trade ideas
#PHA/USDT#PHA
The price is moving in a bearish channel pattern on a 12-hour frame,
which it adheres to perfectly.
We have stability above the moving average of 100.
We have a downtrend on the RSI indicator that supports the rise and is about to break higher
Entry price is 0.2444
The first target is 0.2724
The second target is 0.3228
The third target is 0.3650
Phala $pha #pha #phala $phalaPhala has been trying to show strength and bounce back during this correction and if it can stay above the $0.19 range it may just be a nice setup for going back up higher.
Old resistance from back in February 2023 are now trying to act as new support. This also coincides with levels from February & March of 2022. Further giving added structure to this idea.
IF we lose the $.19 level, we have major Support levels at $0.10 & $0.08
We are currently below the SMA 9 & 50 as well as the EMA 20.
My next level of focus from the bands will be the SMA 180 which currently is in the $0.145 range.
This project in the last bull cycle topped out in the $1.40 range so there is a LOT of possible upsides to this project if and when this cycle tops out and or if we worst case scenario just had a very early cycle rare Triple top and alt season ius over (doubtful) Great entries for the next cycle. This project IS building still and has all the right narratives going forward with all the right upcoming hype.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
#PHA/USDT is forming a descending channel on daily timeframe👀 #PHA/USDT is forming a descending channel on daily timeframe👀
Looking for a move up📈
PHAUSDT 12HBuy a bag of #PHA. It formed a falling wedge pattern in the 12H timeframe. MA100 and $0.2176 are acting as support. Targets are:
$0.2820
$0.3218
$0.3540
$0.3861
$0.4319
$0.4917
#PHA Pump is COMING +200% PROFITKeep an eye on it #PHA.
Seems like bottomed out and is on the Verge og a Breakout.
In case od a major Trendline Breakout, Expecting a +200% Bullish rally in DECEMBER.
PHA looks bullishAccording to PHA, it is also in the bullish wave C. The degree of this wave is big and it is expected to continue for weeks.
The volatility of this coin is high, so you should enter this currency on a good support. The green range is the low-risk range for entering a buy/long position.
The target is clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
PHA USDT Weekly#PHA USDT is in the Buy zone for a massive return profit! DYOR!
* PHA broke out the 1001 days downtrend dynamic resistance and with a pullback confirmed the breakout!
* importantly, it broke up the static resistance at the 0.203 and now time to hold itself above it.
First Target should 0.477
and then 1.41
and Bull run target could be 2.29
Phala Network BROKE OUT! PHAPhala Network an AI DePin project with unbelievable utility has broken out and is ready to move towards the $3 to $4 mark.
DYOR
NFA
PHAUSDT - Strong Daily BreakoutA descending scallop pattern has arisen on this chart
I expect this pattern to push price to the previous ATH at $1, possibly even going further
The descending pattern is a great bullish pattern
I haven't seen one of these in awhile
PHAUSDT1. PHA has now broken out of Accumulation Zone at 33 cents.
2. First Target is 33 cents.
3. Second Target is 61 cents.
4. DEPIN and AI Narrative coin with 200 Github repositories so team has been building.
PHA Buying Frenzy: Seize the Opportunity Now## PHA Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Phala Network (PHA):** A blockchain network focused on providing privacy-preserving cloud computing for smart contracts.
* **Launched:** April 2019.
* **Market Cap:** ~$42 million (as of Feb 23, 2024).
* **Rank:** #384 on CoinGecko.
* **Unique Features:**
* **Privacy-preserving computation:** Protects user data while allowing smart contracts to leverage external computing resources.
* **Worker Nodes:** Provide computing power to the network and earn PHA tokens.
* **TEE (Trusted Execution Environment):** Secure enclave that protects data during computations.
**Recent News:**
* **Feb 21, 2024:** Phala Network announces partnership with Chainlink to provide secure oracles for its decentralized cloud.
* **Feb 14, 2024:** Phala launches its mainnet 2.0, introducing new features and improvements.
* **Feb 7, 2024:** Phala announces collaboration with Acala Network to bring privacy-preserving DeFi applications to Polkadot.
* **Jan 31, 2024:** Phala integrates with Moonbeam smart contract platform to expand its reach.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* PHA price has seen fluctuations recently, influenced by broader market movements and project developments.
* The recent news highlights Phala's focus on building partnerships and expanding its ecosystem.
* It's crucial to understand the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Let me know if you have any other questions.
PHAUSDT1. Easily one of the most under looked and undervalued web3 project/DEPIN.
2. Over 200 Github repositories updated regularly.
3. Chart looks great just broken out.
4. It's on all the big exchanges and only 85m MC.
5. Depin is a huge narrative and this is prob the most undervalued out of them.
PHAUSDT is BullishPHA has given a breakout after a bullish divergence appeared on RSI, since then it has started printing higher highs and higher lows. Currently it is printing a new higher low, which is around 0.5 of the fib retracement level, and is also the entry point for this setup. It would soon break the previous higher high and continue the upward momentum. Targets are mentioned on the chart.
PHAUSDT.4HBased on the provided market data, the PHA/USDT pair has a current price of $0.1190. The relative strength index (RSI) indicates that the currency is neither overbought nor oversold in the 4-hour, 1-day, and 7-day timeframes, as the RSI values are below 70.
The Moving Average Convergence Divergence (MACD) for the 4-hour and 7-day charts are positive, suggesting an upward price momentum. However, the MACD for the 1-day chart is negative, indicating a potential bearish divergence.
The price is currently below the Bollinger Band's middle line in all timeframes, which might signal a potential increase in price if it reverses towards the upper band.
In terms of support and resistance levels, the first resistance level on the 4-hour chart is $0.1230, followed by $0.1256 and $0.1286. On the 1-day chart, the first resistance level is at $0.1231, and on the 7-day chart, it's at $0.1314.
On the other hand, the first support level on the 4-hour chart is at $0.1152. If the price breaks this level, the next supports are at $0.1074 and $0.1025. On the 1-day and 7-day charts, the first support levels are at $0.1149 and $0.1058, respectively.
In conclusion, the market data suggests a mixed outlook for PHA/USDT. While there are signs of potential upward momentum, the negative MACD on the 1-day chart and the price being below the middle line of the Bollinger Bands might indicate possible downward pressure. It's important to keep an eye on these indicators and adjust your trading strategy accordingly. This analysis is for informational purposes and should not be considered as financial advice. Always do your own research before making investment decisions.
PHA Ready for a Bull Rally? 👀🚀 PHA Analysis Today 💎 Yello, Paradisers! prepare for an exciting trading opportunity with PHAUSDT. Currently, it's showing significant activity in the demand zone, hinting at a potential shift to an upward trend.
💎 PhalaNetwork has been consistently following a trading channel pattern. It has already broken above this channel once, and we expect it to approach a resistance level before likely retracting, consistent with its channel behavior.
💎 There's a notable probability of a bullish trend initiating from the support level around $0.0950. With PHA having successfully broken out of the trading channel upwards, it's now set to target resistance levels around $0.12.
💎 Timing is crucial for discerning Paradisers. Pinpointing the optimal entry points during this upward movement is essential. It's advisable to avoid buying at the peak of this trend.
💎 Exercise caution, as there's also a possibility of PHA dropping below the $0.0950 support level. A decline past this essential point might lead to doubts about the longevity of the upward trend.
PHA On Fire: Don't Miss Out on This Buy Trade!"**Short Fundamental Analysis**
Phala Network is a decentralized cloud computing platform that uses Trusted Execution Environments (TEEs) to provide confidential and secure off-chain computation. TEEs are hardware-enclaves that provide isolated and secure environments for executing code. This makes them ideal for running sensitive computations, such as machine learning models and financial transactions.
Phala Network's native token, PHA, is used to pay for off-chain computation services and to participate in governance of the network. PHA is also used to incentivize secure workers to provide TEE resources for the network.
**Recent News**
* **Phala Network Launches Phat Contract 2.0:** Phat Contract 2.0 is a new version of Phala Network's off-chain programming model that makes it easier for developers to build secure and confidential smart contracts.
* **Phala Network Partners with Filecoin Foundation:** Phala Network has partnered with the Filecoin Foundation to develop a decentralized content delivery network (CDN) that uses Phala's TEE-based off-chain computation to provide confidential and secure content delivery.
* **Phala Network Mainnet Relaunch:** Phala Network's mainnet was relaunched in October 2023 with a number of improvements, including a new consensus mechanism and a more efficient block production process.
**Disclaimer**
The information provided in this document is for informational purposes only and should not be construed as investment advice. Please do your own research before making any investment decisions.
I hope this information is helpful. Please let me know if you have any other questions.
PHA/USDT - Phala Network: TrendLine Touch◳◱ On the $PHA/ CRYPTOCAP:USDT chart, the Trendline Touch pattern suggests momentum building up for a significant move. Traders might observe resistance around 0.1094 | 0.1151 | 0.1277 and support near 0.0968 | 0.0899 | 0.0773. Entering trades at 0.1098 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Phala Network
▣ Rank: 358
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Phala Network project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.1098 ₮
▣ 24HVol: 7,690,549.656 ₮
▣ 24H Chng: 1.761%
▣ 7-Days Chng: 2.70%
▣ 1-Month Chng: 11.65%
▣ 3-Months Chng: 31.91%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.1094 | 0.1151 | 0.1277
◢ Support: 0.0968 | 0.0899 | 0.0773
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.31
▣ Last 90D: 1.60
▣ Last 1-Y: -0.22
▣ Last 3-Y: 0.75
◲◰ Volatility :
▣ Last 30D: 0.59
▣ Last 90D: 0.59
▣ Last 1-Y: 0.82
▣ Last 3-Y: 1.76
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.60 - Bullish
▣ Reddit sentiment score is 0.47 - Bearish
▣ In-depth PHAUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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PHAUSDT Don't miss it1-Apply your own risk management.
2-Daily and Weekly Targets
3-Hunt the profits at any level you see convenient for you.
12% SPOT no SL
PHA LONG AFTERWhen I entered the trade i had a good feeling about it. However, once I was in the trade a noticed that the price was moving very slow and the volume was very low. Because of this, I exited the trade early because I was afraid the price would make a large move and potentially leave me with a lot of slippage on my stop-loss
