We are going to look at a very simple dynamic on this pair: Bearish wave low leads to a bullish wave.
Every single bearish wave low is followed by a bullish wave.
In both instances, October 2022 and January 2021, the first week is really strong, following the bearish wave low.
Currently, PHABTC is trading just above a new All-Time Low that hit this same week.
The ATL hit Monday (12-Feb.) and now we have a green candle.
The action moved above EMA10 which means that the bulls now have the upper-hand.
This is potentially a bottom catch... Ultra-low risk with a very high potential for reward.
Additional details on the chart.
Namaste.
Every single bearish wave low is followed by a bullish wave.
In both instances, October 2022 and January 2021, the first week is really strong, following the bearish wave low.
Currently, PHABTC is trading just above a new All-Time Low that hit this same week.
The ATL hit Monday (12-Feb.) and now we have a green candle.
The action moved above EMA10 which means that the bulls now have the upper-hand.
This is potentially a bottom catch... Ultra-low risk with a very high potential for reward.
Additional details on the chart.
Namaste.
Nota
Bullish breakout confirmed.More growth possible.
Enjoy the profits. 😊
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
🎯 LIFETIME Results: t.me/anandatrades/1183
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.