REEF possible setups

2021년 2월 26일

In which direction REEF will go in the next days?

If we break below the key support at 0.024, we'll probably see a downside move to the next support at the price of 0.019.

We have 3 potential bullish setups:

• Move to the support at the 0.027 and then bullish breakout from descending channel
  
• Move to the support at the 0.024 and then bullish breakout
  
• Move to the one of the supports, bouncing once again from the resistance and support and then breakout
  

I'll be looking for an entry after the breakout + retest and TSI level above 0

The next resistance is at the level 0.04, which is +20% move from now