Reef did had a hard time and some bad news.
That's probably one of the main reasons it consolidates within the drawn triangle.
Upper resistance now was tested for 3 times and every time the resistance gets weakened.
We therefore assume to see an upper breakout soon.
So far we don't really have price targets since we would move into price discovery mode.
Set your...
Ellipsis started its recovery and was now pulled back from the midday overall pullback.
Currently we found support at the 0.5 Fib level.
If we can hold this level it suggests more upside movement.
We still aim for 16$ so let's see and hodl.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for...