Long
REEF Trade Setup - Close to a breakout
Here's a quick look at REEF 4 hr chart. As we can see, the price went to New ATH but came back down as btc took a dive. The price is now looking for another pull to the upside, as it is very close to a breakout.
Note: The volume is very low atm. Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 395$
2. 430$
3. 495$
4. 575$
Follow me for daily trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Note: The volume is very low atm. Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 395$
2. 430$
3. 495$
4. 575$
Follow me for daily trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
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🎖Telegram: t.me/MBM_786kr🎖
🎖Telegram: t.me/MBM_786kr🎖
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