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$REEF/BTC 2D (Binance Spot) Big fat falling wedge breakout

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Reef.finance is looking very bullish here against Bitcoin on macro view, especially after regaining 50MA support!

Current Price= 0.00000050
Buy Entry= 0.00000051 - 0.00000047
Take Profit= 0.00000067 | 0.00000085 | 0.00000099
Stop Loss= 0.00000037

Risk/Reward= 1:1.5 | 1:3 | 1:4.17
Expected Profit= +36.73% | +73.47% | +102.04%
Possible Loss= -24.49%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 3 months
Dagangan aktif
All entries filled

After going up +18%, Reef Finance reversed and retested the wedge almost losing 50MA support!
Fortunately it is back above it, set-up is surely still valid, we'll wait patiently for target as usual.

syot kilat
Nota
SL updated lower to 0.00000034₿

Reef Finance is suffering vs Bitcoin like many Alts, let's try to avoid a stop hunt!

syot kilat
Dagangan ditutup: hentian tercapai
SL hit with -30.61% (1x) and -1.25R

Well, no stop hunt avoided, Reef Finance just made a lower low, too bad.

syot kilat

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.