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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DM @MBM786kr on telegram for full details!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥 Unlock Lifetime Access to the Premium Trading Group – Just $129 for a lifetime membership!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
🎖Telegram:
t.me/MBM_786kr 🎖
📩 Interested in our Premium Group?
DM @MBM786kr on telegram for full details!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.