REEF/USDT Break the Major Falling Wedge, Bullish Momentum ??
Updated
Yello Paradisers, get ready for some action!
💎 REEF has successfully burst out of a significant falling wedge pattern, signaling bullish momentum and paving the way for further upward strides.
💎 The likely scenario is that the price will first retest the resistance, converting it into a support level before resuming its upward trajectory. REEF is poised to potentially reach a strong supply zone or a bearish Order Block, especially given its validated breakout on the hourly timeframe.
💎 For those who prefer caution, waiting for a daily close before entering a position in REEF could be a prudent move. Alternatively, you could seize the opportunity now.
💎 Be mindful, however, that if REEF breaks and closes below the key support area, this would invalidate the current bullish outlook. Stay alert for more updates! 🌴
💎 REEF has successfully burst out of a significant falling wedge pattern, signaling bullish momentum and paving the way for further upward strides.
💎 The likely scenario is that the price will first retest the resistance, converting it into a support level before resuming its upward trajectory. REEF is poised to potentially reach a strong supply zone or a bearish Order Block, especially given its validated breakout on the hourly timeframe.
💎 For those who prefer caution, waiting for a daily close before entering a position in REEF could be a prudent move. Alternatively, you could seize the opportunity now.
💎 Be mindful, however, that if REEF breaks and closes below the key support area, this would invalidate the current bullish outlook. Stay alert for more updates! 🌴
Trade closed: target reached
Another win! #REEF up 72.90%, as forecasted!
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Follow a team of traders with 10+ years of experience?
JOIN FREE👉 t.me/+IaNzEzXsdiBlNDg0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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