It looks like reef will not break its downtrend because of the bearish atmosphere in whole market. I expect REEF to decrease the levels of 0.011 which is a strong support proven itself from the last bearish season. REEF broke its one year trend (green line). After reaching the 0.011 level, REEF need a great pump to break the green resistance.
I believe that this...
REEF is starting an interesting movement that could be very profitable in the future.
It is best to wait for confirmation and pullback of the break of the pivot point to make the purchase.
This is just my observation, not a financial advice.
REEFUSDT 1H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for REEFUSDT
I expect price GO to correct and complete the Cypher pattern
Buy zone in green
I hope my idea is clear
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Stay Safe💯
Good luck💰
REEF will pivot off the 0.008 FIB before attempting any attempt back up. If it cannot breakout upwards it will continue its descent downwards and could fall as low as 0.00003 . RSI is EXTREMELY low so now actually looks like an okay time to purchase , It's in a VERY "undervalued" oversold position and that coupled with the Elliot Wave Oscillator , makes this sort...
