PHA/USDTPha is getting ready for another leg up. We can see a clear descending triangle pattern and breakout. Let's wait for retest..
PHAUSDT.P trade ideas
Phala Network (PHA) formed bullish Gartley for upto 58.50% moveHi dear friends, hope you are well, and welcome to the new update on Phala Network ( PHA ) coin with the US Dollar pair.
First of all congratulations to you all, for another such wonderful long-term trade, which is completed now. And it has rallied more than 530%
Now on a 4-hr time frame, PHA is about to complete the final leg of a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
PHA has been associated with a 200% growth!PHA has been associated with a 200% growth in the past day. With the support of buyers and the strong increase in demand, we see the breaking of major resistances and the change of its price trend in the daily time frame. Also, a more important resistance in the range of 0.22 to 0.19 dollars has now become a support, which can be supported again in this area if the price drops and enters a corrective wave. Also, using the retracement Fibonacci tool, the range of $0.147-0.150 is considered as stronger rebound support. If there is high selling pressure in the corrective wave, the price correction can continue up to this level. The existence of the first support is only for checking the possible price reaction and should be confirmed by other analytical tools, such as candlestick patterns and divergences.
PHAUSDT up +600% in three days! Where to buy next?*** ***
For this particular analysis on Phala Network we are using the PHAUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where PHA is having an incredible stretch rising +600% since its Thursday bottom! This massive pump broke above its 1D MA50 (blue trend-line), 1D MA200 (orange trend-line) and 1W MA50 (red trend-line) in just two days! With the 1D RSI vastly overbought, the questions arises: Where can we buy next?
Naturally, a strong pull-back is expected on Phala Network based primarily on short-term profit-taking. The strongest candidate will be the 0.5 - 0.382 Fibonacci retracement zone (counting from the September 16 2021 High), which has been the High Volatility Zone from late January to early May 2022. If that fails, the final buy entry can be made on the 0.618 Fib (orange lines) of this recent pump move. Additionally when/ if the RSI hits the 30.000 level. In either case, the next target should be the 0.786 Fib and the 2021 High itself.
-------------------------------------------------------------------------------
** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
You may also TELL ME 🙋♀️🙋♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁
-------------------------------------------------------------------------------
👇 👇 👇 👇 👇 👇
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
PHA-USDT +112% PROFIT DONEPHA-USDT
BUY: 0.0886
SELL: 0.1838
PROFIT: 112% DONE ✅
congratulations to our team
PHA test support and targeting (35% to 100%)as we see it visited the same support area for the last bottom
Entry can be between : 0.093 - 0.10
Targets
0.134
0.160
0.201
Good Luck
Phala Network (PHA) Road to WEB3The global trend is clearly visible. Will there be a touch of the channel low before the breakdown? The question is open.
Phala Logarithmic ChannelPhala does not have enough history under its belt to get a very accurate channel, but with what we have so far this is the best that can be done. I have also outlined the areas of major support channel and major resistance channel. Definitely a great project with a massive amount of potential. If the support holds here it will confirm this channel and give us the green light.
PS: I created this channel for Phala back in July of 2021 and has so far been respected very well. The only thing it has not tested yet with confirmation is bottom of the channel which it is doing as I make this post. Once we have this confirmation of support (which so far seems to be respecting it) we will confirm this channel.
PHA for long termI have seen some positive signs on this currency and I think it is suitable to enter from these prices. Entering is your personal responsibility and you should think well before that, also the stop loss depends on you and your personal vision
All target prices are shown in the drawing
phaJust an idea, not super confident with it; however, it would appear that the inverse pha (crypto) chart looks like a cup and handle . It's messy but the cartoon will do it justice. Around cents is a reasonable short term target, then, hopefully way down to for the inevitable long and prolonged bear market. Also, if my wave counts are correct...pm PST, we are in a initial wave to the upside with a correctivewave to follow. A impulsive 5th wave of shorter length to the upside will complete the first phase of this bull rally, and a ABC correction will follow in a perfect world. If this does play out, then aroundwould be a reasonable target.
🔰PHA- expecting breakout attempt soonBINANCE:PHAUSDT is on the way to 0.33x area to test dynamic and static resistances as well as EMA 100; and possibly try to break out from the channel. But rejection from this level shouldn't come as a surprise either.
If we see a successful breakout, we can expect further continuation to the upside in the near future (too early too speculate)
Long term targets would be then:
0.33
0.40
0.53
0.59
0.74
1.05
1.23
1.45
PHA/USDTPHA/usdt has broken out of the consolidation phase and is facing trendline resistance. Break above will take the price towards 0.46 and 0.6. Keep this in the watchlist.
🆓Phala Network (PHA) Feb-12 #PHA $PHA
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.28$ zone
🔴Buy : 0.3 - 0.28
🔴Sell : 0.4 - 0.5 - 0.6
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.28$ zone
🔵Sell : 0.28
🔵Buy : 0.24 - 0.2
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Phala.Network vs Tether Goes Bullish | 300% Potential ProfitsWe have a situation with Phala.Network where both pairs are looking bullish now, the PHABTC and PHAUSDT.
This is PHAUSDT (Phala.Network vs Tether) on the daily timeframe.
We have a high volume breakout that pushed prices above EMA10/21, EMA50 is still being challenged today.
Seeing the strong RSI and how the PHABTC pair is going, we can expect this one to follow (green arrow).
Nice target at 300% but we can first at 20%, 30%, 50% or so... We secure our trade, rebuy and reload and then wait for some more.
You can find additional details on the chart.
Namaste.
PHAUSDT Medium term analysisWe have three points to buy for Medium term
1- FTR
2- The end of the classic weekly level that was break out
3- Room to run.
Everything on the chart.
It's not financial advice.
Do not Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
HUOBI:PHAUSDT
Phala Network ( PHA ) formed bullish Gartley for upto 83% moveHi friends, hope you are well and welcome to the new trade setup of Phala Network ( PHA ) coin.
Previously we had a nice trade of PHA:
Now on a daily time frame, PHA has formed a bullish Gartley pattern.
