REEF/USDT Critical moment for REEF. Will the support hold?

10 Haz 2021

REEF is currently at a critical position around 0.021$.
We are still following the downwards trend alongside the violet line.
REEF now moves into the apex created from the violet and green lines.
The downfall seems to steep to be consistent so we expect a breakout together with a volume increase.
Let's see what happens.


Basic rules:
- Never buy the top/ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.