Phoenix (PHBUSDT) is now showing really strong bullish momentum after recovering from a strong correction. This is the same correction that permeated the entire Cryptocurrency market and is no longer present for this pair.
➖ We looked recently at Phoenix vs Bitcoin (PHBBTC) and this trade-idea can be found at the 'Recent publications' at the bottom of this post.
The week starts full green and we can clearly spot a cup or rounded bottom pattern on the chart. Once this pattern is in, we know what follows... We can expect additional growth in the coming weeks and months; higher highs and higher lows long-term.
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