Long

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.
snapshot

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.

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