Panjang

Reef has formed bullish Shark | Upto 51% move expected

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Hi dear patrons, hope you are well, and welcome to the new update on Reef token.

Previously we had a nice trade of REEF token:
Reef token completing Cypher pattern for upto 54.5% move


Now on the 2-day time frame chart, the price action of REEF has completed the final leg of bullish Shark pattern.
syot kilat

Buying and sell targets for Shark move:
Buy between:
Buy between: $0.03299 to $0.02949

Sell between: $0.03684 to $0.044611

Stop loss:
The maximum extent of the potential reversal zone to $0.02949 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 51%, and a loss possibility up to 11%.


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.

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.