#Reef Update. The Market Maker has built to many Long Positions.
Let us look at the charts and let us make the business clear
1,2,3- Market maker ha built long postions
4. - Formed a pin
5. Retested the pin formed a double bottom
6. Retest of the low
7. Market maker has built more longs
8. Market maker built MORE LONG positions.
9. New low formed
10. #reefusdt is going to go test price resistance.
I still long 10x CROSS MARGIN, I add more position to the bag. The market maker has BUILT 2 MANY long postions to pull the market much further. Using 0.001050 as stop