Reef Update

٦ أبريل ٢٠٢١

Here's a quick look at Reef 4 hr chart. as we can see the price action has been oscillating in a bigger symmetrical triangle for a while now and we might see a break soon.

Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.

The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 0.044$
2. 0.0465$

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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!