Red Pulse Phoenix Binance Starts To Grow (Targets on Chart)

BINANCE:PHBBTC   Red Pulse Phoenix Binance / Bitcoin
Red Pulse Phoenix Binance ( PHBBTC ) hit a new low recently and is now gaining momentum to the upside... Let's take a look at this chart now together... Please allow me to entertain you for a few minutes.

PHBBTC Chart Analysis

  • We can see that the new low was hit on the 26-June.
  • Following this day, PHBBTC started its climb up.
  • We can see a clean and easy break above EMA5 and EMA10.
  • EMA50 (magenta line) tested today for the first time since the 20th of June.
  • Increasing trading volume .
  • Bullish RSI .
  • MACD trending up with momentum.

These are bullish signals for this pair, PHBBTC .
We believe that Red Pulse Phoenix Binance will move up soon.

Conditions for change: If PHBBTC moves lower and closes below EMA10 on this time frame, the above signals are invalidated.

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