Calderian

REEF CUP & HANDLE PATTERN

Long
BINANCE:REEFUSDT   REEF / TetherUS
Hi traders,

Probably one of the best cup & handle patters that I've ever seen. $REEF still need to break the downtrend RSI and turn the TTM in dark purple.
The microview of the market is bullish , and it's important to remain like that if we want to see a breakup of this asset.
Also fundamentals are great.

Enter after the retest of the resistance (new support).

There are two targets:
1.- The size of the handle, that is also in confluence with the fibonacci golden pocket.
2.- The size of the cup, that bring us to the 0,786 of fibonacci.

Use your own risk management.

Safe trade, Calderius.