carlolaurel29

carlolaurel29

Reef is currently in the very strong supply area. As you can see in the chart the price already touch the trendline and also the old support which acting as a resistance area. Reef needs a lot of volume and good FA before breaking this area. Dumping can be very possible due to the reason of whales are selling.

carlolaurel29

BTC is forming a Pennant pattern after the downtrend and we can also see another reverse head and shoulder pattern inside. Maybe BTC just need a good market driver.

carlolaurel29

We can see a rounding bottom in lower timeframe, a continuation of the ascending triangle breakout. If 4hr timeframe manage to break the neckline, more likely the price will surge to 0.618 fib

carlolaurel29

In lower timeframe btc is printing a possible head and shoulder pattern. While in higher time frame obviously it has a double top pattern. If the price breaks the neckline maybe price will retest to 54k.