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Reef has formed bullish Shark | Upto 51% move expected
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:
Now on the 2-day time frame chart, the price action of REEF has completed the final leg of bullish Shark pattern.
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.
Previously we had a nice trade of REEF token:
Now on the 2-day time frame chart, the price action of REEF has completed the final leg of bullish Shark pattern.
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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