$REEF/BTC 2D (Binance Spot) Big fat falling wedge breakout
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
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
Transaction en cours:
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.
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.
Trade fermée: ordre d’arrêt atteint:
SL hit with -30.61% (1x) and -1.25R
Well, no stop hunt avoided, Reef Finance just made a lower low, too bad.
Well, no stop hunt avoided, Reef Finance just made a lower low, too bad.
Reef Finance is suffering vs Bitcoin like many Alts, let's try to avoid a stop hunt!