Updated
The Current View
Facts:
-> Nothing holds the coin but the price of bitcoin. If BTC falls from $16.700, the game is over for Reef. The price is still in the death zone and heads to .$0015.
Idea:
-> The red triangle area is the zone of breaking resistances. In this area, it'll test $.0025 and $.0030.
-> If it passes the resistances, the target is around $.0040.
-> If it goes well, 1st target on .0058, 2nd on $.0082, 3rd on $.010.
Thoughts:
The current price is 20% lower than the competitors. It's pretty cheap and does not reflect reality. I expect the big crypto crisis will be in March, and if this coin does not make it in the next 10 days, I don't think it'll be aged well. And note it's lost its reliability below .$00205.
-> Nothing holds the coin but the price of bitcoin. If BTC falls from $16.700, the game is over for Reef. The price is still in the death zone and heads to .$0015.
Idea:
-> The red triangle area is the zone of breaking resistances. In this area, it'll test $.0025 and $.0030.
-> If it passes the resistances, the target is around $.0040.
-> If it goes well, 1st target on .0058, 2nd on $.0082, 3rd on $.010.
Thoughts:
The current price is 20% lower than the competitors. It's pretty cheap and does not reflect reality. I expect the big crypto crisis will be in March, and if this coin does not make it in the next 10 days, I don't think it'll be aged well. And note it's lost its reliability below .$00205.
Note
It should move anytime soon to one of the targets, or it'll dump badly with Bitcoin. .0025 achieved but the volume is not good. Good luck!Note
Most of the cryptos made it, but the reef price is approx 50% off. There have been 90 days passed, but it still accumulates. 0038 achieved, but it is still in the test zone. Daily rsi is horrible, but weekly is good.I sense two scenarios here:
It'll pump extremely or it'll be a bloodsucker.
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