Phala / Tether USD
Long

PHA - Possible Parachain

249
Phala is one of the more commonly cited projects with a shot at parachain status on Polkadot.

Technicals look bullish at the moment as we have completed a 5 wave move up as well as what looks like a running flat correction.

I'm never sure how to deal with those first day pumps in terms of wave count, so we have completed 1 or 3 of 5. Anyone with thoughts on those first day pumps in terms of wave count, please let me know.

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