WHATS UP GUYS ?!
In the Last analysis that I posted for REEF],it wasn't able to grow up as much as my prediction ðŊ but only reached my first TP (about 100 % ð°)
so now!
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ðTechnical
As you can see on daily timeframe for reefusdt,it has been declining and went down below the descending trendline , and recently lost the previous support zone , but today it can start a uptrend movement if it have crossover between 14EMA and 20EMA and then 50 EMA . so in order to start this new uptrend at first it should break out both descending trendlines and then attack to higher resistance zone , otherwise if it lose this important zone it can drop to lower support levels.
ðresistance level: $0.02 -0.02244/// $0.02848- $.03150 ///$0.037-$0.04 /// descending trendlines
âïļsupport levels: $0.008///$0.00567///$0.004
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ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
In the Last analysis that I posted for REEF],it wasn't able to grow up as much as my prediction ðŊ but only reached my first TP (about 100 % ð°)
so now!
-------------------------------------------------------------------------------------------------------------------
ðTechnical
As you can see on daily timeframe for reefusdt,it has been declining and went down below the descending trendline , and recently lost the previous support zone , but today it can start a uptrend movement if it have crossover between 14EMA and 20EMA and then 50 EMA . so in order to start this new uptrend at first it should break out both descending trendlines and then attack to higher resistance zone , otherwise if it lose this important zone it can drop to lower support levels.
ðresistance level: $0.02 -0.02244/// $0.02848- $.03150 ///$0.037-$0.04 /// descending trendlines
âïļsupport levels: $0.008///$0.00567///$0.004
--------------------------------------------------------------------------------------------------------------------
ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ð if you're a fan of my analyses PLZ follow me and give a big thumbs ð OR drop comment ðŊð
