Reef is still empty? 👀

Reef has been extremely strong recently. The daily K once stood above MA200 and broke above 0.002. I saw that many short retail investors in the square were trapped or liquidated. Looking at the market, the following information is worth reference!

Disk: Since REEF bottomed out at 0.000583, it has soared more than 250% in half a month to the current 0.00021. The current daily K trend is still running along the BOLL upper track, forming a bull arrangement trend. The macd green volume column has increased significantly, and RSI12 has reached 88.5, gradually entering The overbought zone, taken together, suggests that reef will further surge, and may end up with a sharp spike near a large level of resistance. Looking at the historical trend, the needle range at the top of each round of big rise cycles is larger, such as March 12 , the daily closing range reached 17%, and the 1H level closing range reached 11% that day. The contract needs to use leverage carefully.

Observing the weekly K, the range resistance of 0.00242-0.00256 is particularly worthy of attention. This position is suppressed by the upper track of the boll and the strong resistance of the weekly K. This has also been verified many times in the history of strong chip pressure. The needle width and market data can be observed in this range. When considering air testing or layered air distribution, you need to pay attention to the proportion of cabins, mainly low-magnification!

When reef breaks through the key resistance of weekly K, bulls are expected to further test the resistance area above 0.031, so the loss position is placed in the range of 0.0026~0.0027. The short-term support below will focus on 0.00188, 0.00155, 0.00122. If the last support line of defense is broken, it will form Strong selling pressure!

I saw that many retail investors in the square followed the rhythm of some bloggers and went short from 0.00105, 0.00125, 0.00155 and even added stocks all the way. At this point, I read a lot of posts, and all I heard was empty words and no analysis, but is there no loss position? Many people think that Heyue is a bet, but in my personal opinion, although the market risk is certain, the difference between Laojiucai and Xinjiu is that one takes 10% risk to seek 30% of the space, and the other is aiming for 10% space comes with 30% risk! 🤭