Phantasma describes itself as a fast, secure, and scalable blockchain solution that allows developers to build decentralized applications (dapps) and facilitate interoperability with other blockchains while maintaining a decentralized governance system. Source: coinmarketcap.com Website: phantasma.io/
Here we have the chart for Phantasma vs Bitcoin on KuCoin, which goes by the trading pair SOULBTC.
Here we have one major signal to look at and that is the broken downtrend.
Notice the purple trendline has been active since Sept. 2019. With this level now conquered, SOULBTC can easily grow.
We also have the MACD and RSI both looking really, really strong.
Remember to build a plan/strategy if you decide to trade.
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