REEF possible setups
In which direction REEF will go in the next days?
If we break below the key support at 0.024, we'll probably see a downside move to the next support at the price of 0.019.
We have 3 potential bullish setups:
I'll be looking for an entry after the breakout + retest and TSI level above 0
The next resistance is at the level 0.04, which is +20% move from now
If we break below the key support at 0.024, we'll probably see a downside move to the next support at the price of 0.019.
We have 3 potential bullish setups:
- Move to the support at the 0.027 and then bullish breakout from descending channel
- Move to the support at the 0.024 and then bullish breakout
- Move to the one of the supports, bouncing once again from the resistance and support and then breakout
I'll be looking for an entry after the breakout + retest and TSI level above 0
The next resistance is at the level 0.04, which is +20% move from now
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