REEF/USDT Decisive moment looking at two resistance lines
Updated
Reef is having a hard time and is close to two resistance lines.
Expect a small pullback to gain some momentum for a breakthrough.
Bitcoin is consolidating which normally is a good sign for altcoins.
Enjoy the ride and don't be too greedy.
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Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
Expect a small pullback to gain some momentum for a breakthrough.
Bitcoin is consolidating which normally is a good sign for altcoins.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
Note
Reached our target.
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