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Hey friends this is a op Val and welcome to the new update on Phantom coin on a weekly time frame chart Phantom coin has broken out two very big patterns one was a quite longterm down Channel and after that it was Talk inside this volum wedge
Pattern and now a few weeks ago we have also broken out this falling wedge pattern as well and then we had a powerful rally but the price got rejected by this long-term resistance of 55 cents that was previously breaking as a resistance here and now it is again
Breaking as a resistance by the way here it was also breaking as a resistance as well and in today’s video we will analyze this move and I would also like to share with you my most recent trade signal for Phantom coin that I shared few days ago on 5th of January 2023 with
My members but before starting this now say if you are not subscribed to my channel then do subscribe it and for more trading signals you can also join me and support me as a YouTube member res a patreon member because there I’m sharing different trading signals for
You and you can find the link to join me there in the videos description after shed let’s start analysis and first of all let me to begin with my most recent trade signal for phandom coin that I shared on 5th of January 2023 with my
Members almost u 10 days ago and that is a harmonic reversal gley pattern that Phantom coin formed not a GLE a bad move that Phantom coin has formed on The Daily time frame chart with US dollar pair and if I play this chart then you
Can see that the price L geed up and it was very close to hit the sell Targets on but could not hit the cell Target Zone again move down in the same potential reversal Zone and I’m expecting that soon it may hit the sell Target Zone and before that I shared
This harmonic bullish reversal G pattern on 22nd of November 2023 and that was also formed on The Daily time frame chart with US dollar pair and if I play this chart and you can see that the price has started a very massive reversal from this buying Zone and
Rallied beyond the sell Target Zone and this was almost 100% pump on this daily time frame chart and if we would like to cast each 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 already shared the links to join me there in the videos description you can find now let me take you to the live chart of phandom coin and this is the 7 Days time frame chart and previously you can see that since
After the month of November 2021 it was moving is at this quite long-term down Channel and here in the month of October 2022 we left the resistance but could not uh break out this long-term resistance of 30 cents and finally uh we broke out this 30 cents resistance
Before that by the way we also had this resistance of 25 cents as well but got stack inside in another falling wed pattern recently we have broken out this falling wedge pattern as well the target for this falling wedge pattern is by the way here at the top of the wedge
Approximately at 67 cents but before that we have a quite long-term resistance here at 55 cents and you can see that the price L is once again rejected by this resistance and this level has been previously breaking as a resistance here and resistance here as well and now recently we have also
Broken down this uh long-term support uh 42 cents as well that was previously breaking as resistance here and resistance here and now uh we need to break it out in order to move to the next resistance of 55 cents and then we can hit the target for this breakout
From this set at 67 cents now if we take a look at the final Target for this bigger breakout from this down channel that is here at the top of the channel between $33.50 to $4 so this F the update so far I hope that you’ve like the analysis
Then do hit the like and do subscribe to the channel as well for more trading signals you can also join me and support me as a YouTube member or as a patreon member because there I’m sharing different trading signals for you and you can find a link to join me there in
The videos description I’ve shared take care goodbye
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