Update For REEF/USDT Analysis 📈📉WHATS UP GUYS ?!
In the Last analysis that I posted for REEF],it wasn't able to grow up as much as my prediction 🎯 but only reached my first TP (about 100 % 💰)
so now!
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📊Technical
As you can see on daily timeframe for reefusdt,it has been declining and went down below the descending trendline , and recently lost the previous support zone , but today it can start a uptrend movement if it have crossover between 14EMA and 20EMA and then 50 EMA . so in order to start this new uptrend at first it should break out both descending trendlines and then attack to higher resistance zone , otherwise if it lose this important zone it can drop to lower support levels.
🛑resistance level: $0.02 -0.02244/// $0.02848- $.03150 ///$0.037-$0.04 /// descending trendlines
❇️support levels: $0.008///$0.00567///$0.004
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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