Coinathlon

REEF nearing golden pocket

Long
BINANCE:REEFUSDT   REEF / TetherUS
REEF has been somewhat ranging the past couple of weeks. Today it seems like we could have a nice buying opportunity.

- Touching 4H trendline
- Double touch on the 0.5 FIB
- Touching both 50 & 100 MA

I would set my stop loss just below the golden pocket and the target below the most recent high around $0.05

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