Andy1GP

REEF BTC profit this year

Long
BINANCE:REEFBTC   None
I like reef so I've been buying

This is my basic analysis of price profections vs BTC pairing

Looking at the correction from initial listing, bottoming against btc and recovery to last high. Drew a fib to get the .786 and .886 levels. Expecting the lowest potential level at the .886 and I have more buy orders there.

Looking conservatively at a Fib extension for price potential from recent high to current low I'm taking profits at the 1.618 - 2.618 - 3.618 levels and keeping some long term.

Expecting this to play out before December 2021

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