$REEF formed double top and can be shorted with SL above the HTF line..
$REEF formed a double top pattern. and you can short here with an easy invalidation.
REEF Fall down from main fibo 0.618 and now playing BULLISH STRUCTURE ALL TRAGETS ARE WRITTEN IN THE MAIN CHARTS ENJOY
Reef broke the downtrend line 1st target is around 0.02150 and second target is around 0.03750 stoploss is below 0.00750
Reef is in deep we can take frist entry if market crash happen there will opportunity to #DCA
The previous high of REEF was a perfect retracement from the golden zone of previous wave. Expect the same for this wave too. If everything goes right, it might give 100% returns.
Hello Traders👋 Today I have made a post on REEF /USDT 1h I hope you find this post helpful and informative
Reef is going to break its trend line. Keey an eye on it.
Reef will soon breakout and head and shoulder pattern and will move in upward direction
Have a look at my chart, hope it won't bad. Good luck to me
On the first day itself, Reef had a huge volatility in price movement. Since then Reef has been trying to get to atleast 38.2% Fibonacci retracement but and failed multiple times. We also noticed that the support area has been tested multiple times and there was increase in the volume too. Reef tried to break its second lower high but couldn’t sustain Bearish...
Instrument is making sort of Cup & Handle formation in an uptrend. Base of the handle is taking support on uptrend line which also coincides with 50SMA. A low risk long opportunity here.