As you can see, PHX pumped days ago, later it had a retracement (healthy correction), and its indicators are in buying point:
MACD: Near the crossing.
RSI > 50
Volume Pump last week.
In addition the chart seems to show a possible possitive curve. Perhaps C&H later...
My targets are:
T1: 650 sats. (conservative)
T2: 800 sats (if volume increases).
T3: 980 sats (if C&H appears).
Hodl: 1600 sats (Long term in a bull market).
I suggest use trailing stop.
First SL could be placed in 390, and going up relative price evolution.
It is my first publication.
I am a novice in trading knowledge and I want to learn with you.
Feel free to comment / discuss / refute
I will read all the comments and I will make updates according to the evolution.
MACD: Near the crossing.
RSI > 50
Volume Pump last week.
In addition the chart seems to show a possible possitive curve. Perhaps C&H later...
My targets are:
T1: 650 sats. (conservative)
T2: 800 sats (if volume increases).
T3: 980 sats (if C&H appears).
Hodl: 1600 sats (Long term in a bull market).
I suggest use trailing stop.
First SL could be placed in 390, and going up relative price evolution.
It is my first publication.
I am a novice in trading knowledge and I want to learn with you.
Feel free to comment / discuss / refute
I will read all the comments and I will make updates according to the evolution.