PHA has been associated with a 200% growth!



10/16/20220 min read

PHA has been associated with a 200% growth in the past day. With the support of buyers and the strong increase in demand, we see the breaking of major resistances and the change of its price trend in the daily time frame. Also, a more important resistance in the range of 0.22 to 0.19 dollars has now become a support, which can be supported again in this area if the price drops and enters a corrective wave. Also, using the retracement Fibonacci tool, the range of $0.147-0.150 is considered as stronger rebound support. If there is high selling pressure in the corrective wave, the price correction can continue up to this level. The existence of the first support is only for checking the possible price reaction and should be confirmed by other analytical tools, such as candlestick patterns and divergences.

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