REZ reversed major resistance into support upon coming out of a downtrend.We are currently looking for a pullback towards the 0.618 Fib level at 0.015 before the next wave up.
The market structure is still bullish, and the chart is priming for an explosive breakout into $0.023+.
Keep alert and observe that level.👀
DYOR, NFA
Trade active
REZ Update Setup Unfolding BeautifullyIn my last chart, I was expecting a pullback to the 0.615 fib support level, and price respected it spot on.
The chart is currently creating a bullish falling wedge formation, which is indicative of a powerful reversal impending.
Price action is set to move towards the $0.02 zone next as momentum increases.
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Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.