Reef is currently in the middle of it's descending wedge.
I'd be looking for a breakout or entry on return to support. The long winded consolidation and lower entry prices may bring new buyers to the table. Seems to be a bit of a smear campaign on the socials at present which may be impacting price.
Personally I'm long on it but took a position early enough to have breathing room. In saying that, the exit was clearly 5c and forcing myself to hold the bag through this retrace has been unpleasant to say the least. Hopeful for a surge as retrace meets support.
As always not financial advice. Just my thoughts and TA. Bingaz
thanks for your job :) for me reef is continue to go down ! when the ceo ask for make musique reef !!! i think everything has been said :)
when i belive in this shit coon i put 4000€at the same time if i had buy BNB im more riche now :)
JUSTPUMPIT
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viewly ico
Eddiem2021
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do you recommend holding, btw great work
Bingaz
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@Eddiem2021, Cheers, No recommendations when it comes to finance though, sorry. Have a look at a few different opinions and then make your own call. Personally I'm long on it but I had an early entry so I have breathing room to weather a further retrace. All these charts are only ever opinions so do your best to seek as much info as you can. As I said, plenty of trash talk on the socials are hurting the project at present but people still throw shade at BTC so does there opinion really matter? All the best.
Tiesiog
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@Bingaz, The Majority of people are just FOMO or doing "when 1$" or "when moon" which shows their knowledge about trading and long-term investment thinking and what do they think about the project itself - reef. (No respect whatsoever). However, I think it is a great project, with some potential. Waiting when the moonbeam project will be integrated as well.
@Tiesiog, same here, I entered very early, but I really think this coin has a lot of potential in long term.
Bingaz
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@Tiesiog 100%! The new money is also playing havoc with the TA because it seems there are sell offs and buys at ridiculous points on the chart. Makes it a bit tougher but the fundamentals are still the same. I liked Reef and took a long position early. I'm just dirty at myself for not exiting and reloading at these sales prices.
when i belive in this shit coon i put 4000€at the same time if i had buy BNB im more riche now :)