REACH has been rallying for the past few days and has reached critical junction Resistance 1 (R1) with a Doji
, while RSI
is in the early bullish
region >50%. If price break above R1, there is potential to reach R2 with sustained momentum. take regular profits, preferably at 50% and 78% from target.
If price failed to break R1, possible it will test S1 and potentially forming descending triangle
chart pattern. If S1 failed to hold, next support will be S2.