REEF has formed big Shark for upto 330% bullish rally
Hi, dear friends, hope you are well and welcome to the new update on REEF token.
Previously we had a nice trade of REEF:
Now this time, on the weekly chart, the price action o REEF has formed a bullish Shark pattern and entered the buying zone.
Buying and sell targets for Shark move:
Buy between: $0.0219 to $0.0118
Sell between: $0.0309 to $0.0512
Stop loss:
The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $0.0118.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 330%, and a high loss possibility up to 46%.
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.
Previously we had a nice trade of REEF:
Now this time, on the weekly chart, the price action o REEF has formed a bullish Shark pattern and entered the buying zone.
Buying and sell targets for Shark move:
Buy between: $0.0219 to $0.0118
Sell between: $0.0309 to $0.0512
Stop loss:
The maximum extent of the potential reversal zone at 1.13 Fib level can be used as stop-loss which is $0.0118.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 330%, and a high loss possibility up to 46%.
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.