REEF/USDT possible move

This is just my personal idea of what REEF might do in the coming weeks. We´ve seen this kind of move for other coins in the past and I think 0.10$ is a really possible target. REEF is an interesting project and we have seen volume increasing over the past days. I entered at 0.0445$ and took some profits already. I re-entered lower int the 0.040 range and I will now hold for the hope of a big move in the coming weeks.

!!! Not a financial advice. Please make trades based on your own analysis !!!

Comentário:

The next hours will be crucial to know if we can move back to the 0.056, or go lower. We are still in a bull pennant looking pattern on the 4h chart. We bounced of the lower level and are now back up a bit. If we can break out of this pennant I can see REEF back at 0.056 very soon.

IF we break to the upside, my targets would be 0.052$, 0.054$, 0.056-0.060$ short to medium term, while the area of 0.050$-0.052$ could then turn into the new support.