Hi dear patrons, hope you are well and welcome to the new trade setup of Reef token.
On a monthly time frame, REEF has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $0.01354 to $0.00125
Sell between: $0.03079 to $0.04904
Stop loss: Below $0.00125
Possible profit and loss ratio:
This move can be really huge upto 3823%, and a high loss possibility is 71% as per the current price. Therefore, in order to minimize the risk factor we can wait for Bitcoin to breakout the wedge on the weekly time frame, and I will keep posting updates for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
On a monthly time frame, REEF has formed a big bullish Gartley pattern.
Buy and sell targets:
Buy between: $0.01354 to $0.00125
Sell between: $0.03079 to $0.04904
Stop loss: Below $0.00125
Possible profit and loss ratio:
This move can be really huge upto 3823%, and a high loss possibility is 71% as per the current price. Therefore, in order to minimize the risk factor we can wait for Bitcoin to breakout the wedge on the weekly time frame, and I will keep posting updates for that breakout.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade