REEF/USDT Update: Testing old Resistance for new SupportREEF did bounce back from the support lines around 0.016$ and 0.023$.
We now look for a support around 0.03$ which was a previous resistance line.
REEF stalled during march and april so it has enough to catch up and we expect REEF to perform well during the next months.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.