Long
Idea for REEF/USDT, coinflip with higher chances of upside.LONG
This asset had great accumulation for at least 35 days, just trading on those psychological ranges that are slowly tightening down on that price lvl.
This is a trade that has good potential 4 a breakout and be a good trade, but it's also risky.
Both price and the indicators are showing us convergence, wich means that price has potential to follow it's trend to the upside. The asset have been doing consistent higher lows.
MACD is also showing us a loss in negative momentum (u can check that out) making the convergence argument even greter.
All of these are showing both on the daily and the 4h with the smaller latest pump and dump since march 25th.
Whether it will be the longers or shorters to win it will be up to a bit of luck.
I left also the ranges where u can take profit (or ur potential losses), now hoping that lady luck is with the longers I wish u all a good trade (let me know what u think).
Attention!! Remember to never invest more than u can afford to lose.
This is a trade that has good potential 4 a breakout and be a good trade, but it's also risky.
Both price and the indicators are showing us convergence, wich means that price has potential to follow it's trend to the upside. The asset have been doing consistent higher lows.
MACD is also showing us a loss in negative momentum (u can check that out) making the convergence argument even greter.
All of these are showing both on the daily and the 4h with the smaller latest pump and dump since march 25th.
Whether it will be the longers or shorters to win it will be up to a bit of luck.
I left also the ranges where u can take profit (or ur potential losses), now hoping that lady luck is with the longers I wish u all a good trade (let me know what u think).
Attention!! Remember to never invest more than u can afford to lose.
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