Long
👑Reef Finance/USDT Analysis (20/2) #REEF $REEF
The buying force is in place in $0.04 zone and this can help REEF rise to conquer $0.047 zone, which is a key resistance zone that REEF needs to overcome in order to continue rising to $0.075 or even $0.11 zone.
If it fails then we need to sell REEF quickly and wait for better scenario, as it can plummet to $0.025 zone.
📅NEWS
👉Feb 28 : Reef Client
👉Jun 30 : Moonbeam Support
📈BUY
-Buy: 0.038-0.040$. SL B
-Buy: 0.046-0.048$ if A. SL B
📉SELL
-Sell: 0.046-0.048$. SL A
-Sell: 0.073-0.077$. SL A
-Sell: 0.105-0.1$. SL A
♻️BACK-UP
-Sell: 0.038-0.040$ if B.SL A
-Buy: 0.025-0.027$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
If it fails then we need to sell REEF quickly and wait for better scenario, as it can plummet to $0.025 zone.
📅NEWS
👉Feb 28 : Reef Client
👉Jun 30 : Moonbeam Support
📈BUY
-Buy: 0.038-0.040$. SL B
-Buy: 0.046-0.048$ if A. SL B
📉SELL
-Sell: 0.046-0.048$. SL A
-Sell: 0.073-0.077$. SL A
-Sell: 0.105-0.1$. SL A
♻️BACK-UP
-Sell: 0.038-0.040$ if B.SL A
-Buy: 0.025-0.027$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
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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.
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.