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Hey friends this is a Val and welcome to the new update on Phantom coin on a weekly time frame chart Phantom coin has broken out a very big falling W pattern by the way before that it has already broken our long down Channel and after
That it was stuck inside this V and now recently we have also broken out this vge pattern as well and after that you can see that recently it has also broken out another quite significant resistance of 42 cents as well and now about to hit the next resistance here at 55 cents
That was previously breaking as resistance here and in today’s video we will once again analyze this move and I would also like to share with you my most recent trade signal for Phantom coin that I shared on 22nd of November 2023 M members and so far the price line
Uh has pumped after sharing this move the price and pumped almost 84% but before starting this analysis if you are not subscribed to my channel then do subscribe but and for more trading signals you can also join me and support me as a YouTube member or as a patreon
Member because here I’m sharing different trading signals for you and you can find a link to join me here in the videos description after sh let’s start analysis and first of all let me to begin with my most recent trade signal for Phantom coin that I shared on
22nd of November 2023 with my members and that was a harmonic bullet reveral GLE pattern that Phantom completed uh on a daily time frame chart with US dollar pair and this was the complete trade setup this was the buying brain starting from uh 30 cents uh 30. 66 cents and
Goes to 28.6 eight cents and this was the sell Target on and Below 28.6 cents was this t l now if I play this chart and you can see that the price has started a very massive price reversal uh from this buying Zone and rallied beyond
The sell Target Zone and so far it has pumped almost 84% and still moving to the upside and if you would like to cast such other pumps before they happen then you can also join me and support me as a YouTube member or as a patreon member because there I’m sharing such trading
Signal for you on the daily basis and I’ve wanted to share the links to join me there in the videoos description you can find now let me to take you to the live chart of phantom coin and this is the 7 Days time frame chart and previously since after the month of
December 2021 you can see it was moving inside this quite long-term down Channel and before the Breakout by the way we also found another downtrend line support here and this support was the reason that the price was not testing the support of this down Channel again and finally after getting squeeze inside
The support and the resistance of the channel we broke out the resistance of the channel we rallied very well but got Stu inside in another falling wge pattern and it has been moving inside this next falling W pattern since after the month of January 2023 and here few
Weeks ago in the month of o oob 2023 we broke out the resistance of this next falling wed pattern as well and imminently we broke out this next resistance of 25 since that was previously breing as a resistance here and support here and support here as
Well and here by the way it also work that resistance and after that the next major resistance was here that was at 42 cents and you can see after the struggle of almost 2 weeks finally Price Line has broken out this resistance of 42 cents
As well and now it is is very close to hit the next resistance here at 55 cents that was previously breaking as resistance here for stable weeks and before that here for several weeks it has been working as a resistance as well now if we take look at the targets for
These two breakouts then the target for this recent breakout from this big falling wedge pattern is here at the top of the bed that is approximately at 66 cents and the final technical Target for this down Channel breakout uh is here at the top of the channel That is between
$3 50 to $4 so this was the update so far I hope that youve likeed the analysis then do hit the like and do subscribe to the channel as well and for more trading signals you can also join me and support me as a YouTube member or
As a patreon member because here I’m sharing different trading signals for you and you can find a link to join me here in the videoos description I’ve shared take care goodbye