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 .
- trending up with momentum.
These are 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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This is Alan Masters.