In the loving memory of my child Muffin... i present you this chart analysis.. if this analysis helps you then please give me a like that would help me alot and encourage me to do more chart analysis...
With a lot of projects coming up and listing on some exchanges I think ill be able to touch my 1s target ($0.0353), also because there is a falling wedge pattern formation at HTF i.e daily
scenario 1: a rising triangle is formed at the intersection of the Blue ray and the red ray. if he closes this place with 2 candles for 4 hours, the direction will be up.
Scenario 2: there is a symmetrical triangle at the intersection of the yellow ray and the White Ray. If he closes 2 candles for 4 hours above the Triangle, the direction is up.
Bollinger Bands...
Next daily move will be higher high so grab some and hold with patients. You can only loose if you sell out of fear. Hold tightly to targets and you win. 2months hold tight
On the first day itself, Reef had a huge volatility in price movement. Since then Reef has been trying to get to atleast 38.2% Fibonacci retracement but and failed multiple times. We also noticed that the support area has been tested multiple times and there was increase in the volume too. Reef tried to break its second lower high but couldn’t sustain Bearish...
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