Get started

REEF

REEFUSDT (REEF) - BULLISH SETUP ANALYSIS 🔎 - REEFUSDT is printing an ascending triangle pattern. - An ascending triangle pattern is a bullish build up pattern. - Price is retesting the ascending triangle's inclined support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). - There's a relatively high concentration of buyers at this zone. - There's a potential formation of the inverse head and shoulders pattern. - The inverse head and shoulders pattern is a bullish reversal pattern. - The right shoulder downtrend is bounded in the falling wedge pattern. - A falling wedge pattern is a reversal pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the falling wedge's resistance. TARGETS 🎯 - Inverse head and shoulders neckline resistance. - Ascending triangle's horizontal resistance. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
RLong
by Chibuike_Odoh
REEF will move soon!Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we ‎saw a bounce. Now the price needs break above the blue triangle before we can build some momentum again. The crucial level to break above is 0.04$. Note: Look for some volume to come in when the price breaks out from the triangle as confirmation. The idea is: Buy the breakout from the triangle or at from the level shown in the chart and sell at the target areas shown in the chart. Targets: 1. 0.049$ 2. 0.053$ Profits can be taken in the resistance zone as well Follow me for daily profitable trading setups BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
RLong
by MBM_Crypto
REEF Reminder!Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we ‎saw a bounce. Now the price needs break above the green triangle before we can build some momentum again. Note: Look for some volume to come in when the price breaks out from the triangle as confirmation. The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart. Targets: 1. 0.049$ 2. 0.053$ Follow me for daily profitable trading setups BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
RLong
by MBM_Crypto
3
REEF Update Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we ‎saw a bounce. Now the price needs break above the green triangle before we can build some momentum again. Note: Look for some volume to come in when the price breaks out from the triangle as confirmation. The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart. Targets: 1. 0.049$ 2. 0.053$ Follow me for daily profitable trading setups BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
RLong
by MBM_Crypto