REEF Trade Setup - Close to a breakout

27 thg 3, 2021

Here's a quick look at REEF 4 hr chart. As we can see, the price went to New ATH but came back down as btc took a dive. The price is now looking for another pull to the upside, as it is very close to a breakout.

Note: The volume is very low atm. Look for some volume to come in when the price breaks out from the triangle as confirmation.

The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 395$
2. 430$
3. 495$
4. 575$

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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!