Hi dear patrons, hope you are well and welcome to the new update on Reef token.
On the daily time frame chart, the price action of REEF is completing the final leg of bullish Cypher.
Buying and sell targets:
Buy between: $0.0347 to $0.0302
Sell betwee: $0.0382 to $0.0467
Stop loss:
The maximum extent of potential reversal zone $0.0302 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 54.5%, and the loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
On the daily time frame chart, the price action of REEF is completing the final leg of bullish Cypher.
Buying and sell targets:
Buy between: $0.0347 to $0.0302
Sell betwee: $0.0382 to $0.0467
Stop loss:
The maximum extent of potential reversal zone $0.0302 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 54.5%, and the loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.