REEF BTC update predictions and analysis
Updated
Following The DOT polkadot news on parachains next month I foresee good growth on the ecosystem and related projects
On the chart I put some notes with some ideas regarding resistance levels and targets.
Purple ascending channel nicely showing the uptrend continuation as well as fib retracements and extensions in confluence
White trend line also just for indication of where the trend could lead in confluence with breakout
1.618 could just be the start of the major bull run.
Timeline more or less in line with the rest of this year, with final TP4 around December
On the chart I put some notes with some ideas regarding resistance levels and targets.
Purple ascending channel nicely showing the uptrend continuation as well as fib retracements and extensions in confluence
White trend line also just for indication of where the trend could lead in confluence with breakout
1.618 could just be the start of the major bull run.
Timeline more or less in line with the rest of this year, with final TP4 around December
Note
0.786 still holding the bottom of the channel around 40-43 satsBreakout could be in the next week
Note
Nearing the end of the penant and next target 55-60 is nextNote
As expectedNext target 70+ sats
Note
New idea for 2022 heretradingview.com/chart/JlXgxvVk/
Following up the same TP just with longer timeframe
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