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$REEF/BTC 1D (Binance Spot) Ascending channel on support
Long
$REEF/BTC 1D (Binance Spot) Ascending channel on support
By TradingOn
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Updated
May 11, 2021
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Cheer
Cheer
Apr 28, 2021
Reef.Finance is looking good for a bounce here, especially after that wedge breakout and retest.
Current Price= 0.00000064
Buy Entry= 0.00000065 - 0.00000061
Take Profit= 0.00000087 | 0.00000106 | 0.00000134
Stop Loss= 0.00000051
Risk/Reward= 1:2 | 1:3.58 | 1:5.92
Expected Profit= +38.10% | +68.25% | +112.70%
Possible Loss= -19.05%
Fib. Retracement= 0.786 | 1.272 | 2
Margin Leverage= 1x
Estimated Gain-time= 2 months
May 11, 2021
Trade active
First entry filled
Reef.Finance confirmed wedge breakout and broke bullish of the higher TL too now, looking promising!
May 11, 2021
Trade closed: target reached
TP1 reached with +38.10% (1x) and +2R
Reef.Finance perfectly retested the entry zone yesterday and pumped nicely after!
REEF
Trend Analysis
TradingOn
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