reef/usdtscenario 1: a rising triangle is formed at the intersection of the Blue ray and the red ray. if he closes this place with 2 candles for 4 hours, the direction will be up.
Scenario 2: there is a symmetrical triangle at the intersection of the yellow ray and the White Ray. If he closes 2 candles for 4 hours above the Triangle, the direction is up.
Bollinger Bands are narrowed. There will be a change of direction.
REEFUSDT trade ideas
Higher LowsNext daily move will be higher high so grab some and hold with patients. You can only loose if you sell out of fear. Hold tightly to targets and you win. 2months hold tight
REEF ON DAILY CHARTOn 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 pressure. Since then we can see decrease in green candles & increase in red candles.
Reef, while posting this is trading near the support area for 5-6th time but there’s an increase in red candles indicating that bears might be in control and Reef can break the support. Trade safe
REEF Alt run Feb 2021ALT season is coming
this will go at least 2x,
but actually it could go to 3x from now
volume peak on 11 Feb, it came down to check at the same price
volume hasn't go out yet, this is only the beginning!!
this is my start, hopefully wont correct more than this
LETS GO TO DA MOOOOON!!
vip round got it at : 0.007 0.009 0.012
TARGET 10X for them is 0.07 0.09 and 0.12 $
Cup & handle formation in place for REEF/USDT Hourly Chart.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.
