Panjang
REEF/USDT is it going up ?
evrything is explained on the chart :)
1/ the volume compared to candels size show the presence of smart money right on the breakout, then a quick retest with a low volume.
2/ a new up trend is confirmed ( higher high lower low ).
3/ the pair went through an accumulation phase without showing a sign of strength, wish mean that the pair is going back to the accumulation phase levels. ( expect and explosion if it brerak the 0.0565 )
Take profit : just above the next resistance wish is weak for that raison i fixed a 2nd tp right above the highest resistance. new trade expected after the breakout of that resistance.
Stop loss : just above the last support / to take more risks you can out it above the last Low at 0.0159
Good Luck
1/ the volume compared to candels size show the presence of smart money right on the breakout, then a quick retest with a low volume.
2/ a new up trend is confirmed ( higher high lower low ).
3/ the pair went through an accumulation phase without showing a sign of strength, wish mean that the pair is going back to the accumulation phase levels. ( expect and explosion if it brerak the 0.0565 )
Take profit : just above the next resistance wish is weak for that raison i fixed a 2nd tp right above the highest resistance. new trade expected after the breakout of that resistance.
Stop loss : just above the last support / to take more risks you can out it above the last Low at 0.0159
Good Luck
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.