Moonray Falling Wedge: 1330% Growth Potential —Crypto = Freedom The falling wedge is a classic and highly accurate chart pattern. It is a bullish pattern and can be found on many, many charts.
Looking at Moonray, MNRYUSDT, the pattern is present on the daily timeframe.
Price action broke sideways out of the channel and it seems like almost a none event. But once the pattern is broken it is only a matter of time before things change.
The latter part of my statement above is already confirmed. After going sideways for only 11 days outside the falling wedge pattern, a strong bullish breakout is now happening. Very rapid growth and this is only the beginning.
The candle/session 3-Feb. is a classic reversal signal. It is a big Doji.
To cement the bottom of the down-wave, there was strong selling but all the selling was bought before the end of the trading session. The day producing a new All-Time Low but closing green is a major reversal signal. This signal is supported because the following days volume increases.
I saw this chart earlier, just hours ago. By the time I shared this article, MNRYUSDT was already trading 50% higher. That's how much the market is starting to heat up.
This is only the beginning. This heat and bullish momentum will continue to spread. Project after project, pair after pair, over and over, again and again, will break bullish producing massive growth. This will be repeated for many months. That's the bull-market in a nutshell.
Are you in or are you out?
Are you ready to trade?
Buy and hold.
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