It may continue its way up to the channel resistance if it breaks the minor downtrend.
#REEFUSD price is now near middle line of channel it may go upward and break out from parallel channel
Hello guys As you can see, the downtrend is broken and this could lead to good growth in the next few days. By observing risk management can be a good entry point. And even made more than 35% profit.
Hi, in my opinion REEF doesn't have the momentum to break out. I'm waiting for the right time to buy. (bullish on long term) I'm new to this so leave a like if you agree with my idea or let me know what you think! not financial advice.
Fibs line up good, falling wedge in an uptrend, REEF is going higher!
Reef has been going on this uptrend for a while, since mid January. It's also going down in this nice descending channel (blue) since its ath. As long as it doesn't break this yellow trend line we're good to go. If BTC doesn't go under 45k and ranges, I believe we can expect this scenario with Reef in the next two weeks. Fib levels on the chart. RSI shows a...
Selling climax is done, wait for reversal
In which direction REEF will go in the next days? If we break below the key support at 0.024 , we'll probably see a downside move to the next support at the price of 0.019. We have 3 potential bullish setups: Move to the support at the 0.027 and then bullish breakout from descending channel Move to the support at the 0.024 and then bullish breakout Move...
Reef in this moment is on a bear trend and failed to break it again because of bitcoin... It's probably going to test the macro uptrend, whos also within an buying zone/support (around 0.3)... Check for buying opportunities there. Watch out for bitcoin, because if it breaks down, will drag reef down, and then we'll go down around 0.195-0.2 Not a trading advice,...
Follow my updates daily by following my profile to help my portfolio grow, I'm starting and I'm working hard every day to put scenarios here :)
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.