PolarHusk

PHB/BTC (Test Swing Low Support?)

BINANCE:PHBBTC   Phoenix / Bitcoin
💎Technical Analysis Summary💎


BINANCE: PHBBTC


-Red Pulse Phoenix is trading on a downtrend channel
-This is Bullish only if the pattern breaks to the upside
-Currently, it is near the swing Low support at around 20 sat
-If this level will hold for a few days or so
-There is a good chance this coin will breakout up to 40 sat
-Bearish scenario, close below 20 sat will result in further decline




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