We have a situation with Phala.Network where both pairs are looking bullish now, the PHABTC and PHAUSDT.
This is PHAUSDT (Phala.Network vs Tether) on the daily timeframe.
We have a high volume breakout that pushed prices above EMA10/21, EMA50 is still being challenged today.
Seeing the strong RSI and how the PHABTC pair is going, we can expect this one to follow (green arrow).
Nice target at 300% but we can first at 20%, 30%, 50% or so... We secure our trade, rebuy and reload and then wait for some more.
You can find additional details on the chart.
Namaste.
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