๐๐๐Urgent urgent urgent update๐๐๐
1๏ธโฃ Analysis of the trio of forces: HIGH, PHB, and CTK. All of these may be considered good, but let me remind you of something that all of these currencies do not have inflation and have a low market value, so the risk rate is high for scarring. Firstly, with HIGH, it was a while ago in the 4.2800 areas, and it was a very strong start-up period, but it has Low market value, for this reason, it is dangerous. It is not an investment from the tops, so beware, as I see strong support in the 7.0000 area, and there is a divergence, so it is negative on 4H. We may see a correction coming to the 6.6000 or even 6.5000 areas, so the good support area here is 6.4200 on the 1D RSI indicator. It has reached The overbought areas are 81.24, so these areas are always negative, and we may see a very strong correction soon to 6.0000. As for 1W, there is a necessary correction due to the arrival of a new peak.
2๏ธโฃ PHB is good, but it is very dangerous. The reason is that the market value is low and the inflation in currencies is low, as I see it. The target for PHB is 3.3000 in the event of a breakout above this area. The next target for the breakout is 4.000 and above, so these are the numbers, but there is an important area not to close below 3.0000. The support area is good in case The breakout we have is the 2.2800 area so it is dangerous for this reason the 1D RSI is broken and very close now 68.46. The goal is to break through the 70.00 area, then break through 75.00, then break through the most important area, which is 80.00, and on a bullish 1W, it must not close below 3.0000, as this area is important.
3๏ธโฃ CTK I do not know if it is worth this, but its market value is very low, so it is less risky than PHB, but it is good for the long term now. As I see, the support was 1.0715 and it has now been broken to 1.0350, so from the 1.0715 area it is very strong, so CTK must retest the rise from the 0.8000 area.
