Phoenix / TetherUS
已更新

PHB Looks Bullish (1D)

618
It appears that wave E has ended after a long consolidation and the formation of a double bottom. A key trigger line has been broken, and the price has reclaimed the flip zone (marked in green).

As long as the green zone holds, the price can move toward the targets and the red box.

The targets are marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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It was analyzed from the price of $0.548 and pumped more than 74%, hitting TP 1.
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