As you can see we are at the TOP of this cycle. Reefcoin's buy is very weak and it has not strength for greater growth. There are no new customer or buyers. However, today somebody put price to upper line (on the pic) and from now price will fall. Chance to go UP is very small because resistance is here and there are no news for Reef coin. Now, we could see...
We have at least 5 TOPs. We have 6 bearish inverted hammer. What does it mean? It signals a bearish reversal. The hanging man at the top of a bullish swing indicates that the price has reached an overbought level, and sellers may join at any time. However, this pattern is not a bearish signal; instead, it shows that the price has already made a top.
Like in the book. BIG resistance. Price declined. After 300% of growth.
Chart show us very bearish sentiment. Look at chart and decide what to do. If you expect new ATH, price will never go there. I think new era is coming and new coins are coming, better then BTC.
Ladies and gentlemen, fall is now more real than ever. If price could not go UP, price will go down like today and in next days would be.
Price will go down, very rapidly and very much. BIG players want your money. Are they successful in doing so?
Why am I still bearish? While other coins do all time high or they are growing 30-50% in daily base, REEF don't move. Price is too long on the same nivel. Price is in the channel and max price in this moment 0.0045 usd. FET and AGIX did 10x while REEF is not move. I think it is not bullish.
A rising wedge is formed when price consolidates between upward sloping support and resistance lines. Here, the slope of the support line is steeper than that of the resistance. This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from! With prices...
RSI weaks. Price weaks. Price does not have strength to go above 0,0035usd. Price have to jump above 0,0039 and then we could see price 0,0045usd. What we could expect i next days? BIG resistance and drop price to 0,0027usd.
Definitely short...but who knows? Bulls are trying to push price above 14,50usd but in my opinion they dont have any chance...rising wedge... FED 's decision is so close...
FED's decision is very close. If we look at the price and the chart we could conclude that rising wedge is creating and today we could see possible price below 0,0030usd. Chart never lies.
On the edge. Price has to be above 0,035usd to go to ATH...many coins are at resistance...everyone is waiting for FEDs decision?
For now, price of Tesla is at resistance. If we are talking about future of price of Tesla, we could say that we are in middle of nowhere. It means, we have to wait for FEDs decision on wednesday and that event could be trigger for price to go more UP or DOWN. MA50 is below MA200 on daily. SPX500 is on the edge and it is very possible (not for sure) that SPX500...
REEF is on the edge. Price could go UP but it has a last chance. Bull flag on RSI what it is bullish. IF price break this level, it will go to 0,0045usd. If we want to be real, REEF is not so bullish, just a little. Resistance is so hard, price of 0,0032 lasts long while other coins does abnormal growth.
Price could go to 2,10USD. First, price has to pass 1,5usd. Positive divergence on RSI.
Vamos a ver!!! Si la respuesta es Si, nosotros vamos a ver precio en la parte superior....y mucho mas... Mucha suerte a todos!!!!
Price have to go above 1,5usd to go to ATH and keep there. Positive divergence on RSI at weekly. We could gamble but it is nothing for sure. Big volumen suggest us that price maybe is at TOP (for now).
negative divergence on RSI i thnik price will go down to 21500usd