BINANCE:REEFUSD   REEF / US Dollar (calculated by TradingView)
Hello everyone, if you like the idea, do not forget to support with a like and follow.

I found REEF chart interesting! ( Daily timeframe )

REEF is now stuck inside a range in the shape of a descending triangle . And every new candle is making the range even narrower.

Well as per the textbook, a descending triangle is a bearish continuation pattern. But we all know that it can be broken on either side.

I am looking to add REEF to my portfolio, but before we buy, we want the buyers to prove that they are taking over.

As per my trading plan, I will be waiting for a daily candle close above the blue dotted area to buy. (and 0.055 for extra confirmation)

Good luck!

All Strategies Are Good; If Managed Properly!
This analysis is done using RichTL indicator

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The mainnet will start in May. Finally the startup will become an executive project. Several partnerships have already been established and staking, farm, nft and cretit card are expected ;-)
+5 Reply
TheSignalyst zanzibar7878
@zanzibar7878, amazing ;)
+1 Reply
may be after BTC correction, btc is bearish
+5 Reply
Bought reef a long time ago and sold at a loss, reef devs are too sketchy.
+5 Reply
@wanluqman1000123 let's wait and see. Sorry to hear that
+1 Reply
such great job bro

after breakout to the moon

thanks for sharing
+3 Reply
@MMBTtrader hopefully 😁
Good work brother!
+2 Reply
TheSignalyst Forex-Traders-Uk
@Forex-Traders-Uk, thanks dear Scott :D