REEFUSDT (REEF) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- REEFUSDT brokeout above the descending trendline resistance (DTR) as expected from my previous analysis.
- The market hit a swing high and retraced.
- Price is retesting the descending trendline resistance (DTR).
- RSI is printing a bullish divergence signal (BDS).
- The market is consolidating in a rectangular pattern.
- This rectangular consolidation pattern is known as the accumulation phase (AP) (wyckoff method).
- The accumulation phase (AP) is a bullish build up phase (pre uptrend).
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the accumulation phase horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).
SETUP INVALIDATION ❌
- Breakdown below the accumulation phase horizontal support level (S1).
REEF
Reef with BTC pair forming bullish Shark for upto 74% moveHi dear patrons, hope you are well and welcome to the new update on Reef token.
Previously we have seen that the Reef with US Dollar pair is forming the final leg of bullish Cypher .
In the meanwhile, the price action of the Reef token with the Bitcoin pair is also completing the final leg of bullish Shark on the daily time frame.
This trade has a huge profit possibility of 74%,%, and the high loss possibility upto 14%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
The nearest future of REEFReef price heva retested the 200 EMA yesterday, but decreasing volume isn't a good sign. According to the current situation with Alameda, reef seems like a very risky trade. The price can still grow, but a lot of people went out from this currency and probably won't come back - surely not in the nearest future. We also don't know how this drama will end. BUT it's still a very ambitious and good project, which can achieve a lot. Reef team has planned a few significant events for the march, which can cause upside price moves. If you want to buy it, you can look for an entry after breaking the current resistance level. Just don't forget about stop loss - we can experience further price dumps when more bad news will be released. If you want to go long term, you can place it below the trendline. For short term, just wait for breakout and place SL below the resistance.
(Not a financial advice)
HEEEYYY BUY REEF! This crypto will start a violent bullrun!
REEF Accum/Dist is curving up from its All Time Low zone.
If you go to Binance and see the order book, you will view a VERY HIGH buy presure vs a poor sell presure.
Don't miss this opportunity!
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Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
Right now, REEF is on a dip, and this is the perfect opportunity to buy!
What can I do with REEF?
Governance: vote on different proposals such as releasing new features and re-adjusting certain parameters in the system
Protocol fees: pay fees for operations such as entering/exiting a the basket, reallocation, rebalancing and other activities
Staking: stake into various pools to earn interests with preferred APR ;
Yield Distribution: choose the payout ratio of the profit generated by the activities in your basket
Reef.Finance is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradability.
A decentralized network governed entirely by Reef Token holders via DAO to achieve a transparent future: a future based on more truth and less trust.
Buy REEF! This crypto will explode to the moon! You will X10!
Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
Tomorrow will be a special staking event offering rewards at 2:00 pm CET
Right now, REEF is on a dip, and this is the perfect opportunity to buy!
What can I do with REEF?
Governance: vote on different proposals such as releasing new features and re-adjusting certain parameters in the system
Protocol fees: pay fees for operations such as entering/exiting a the basket, reallocation, rebalancing and other activities
Staking: stake into various pools to earn interests with preferred APR ;
Yield Distribution: choose the payout ratio of the profit generated by the activities in your basket
Reef.Finance is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradability.
A decentralized network governed entirely by Reef Token holders via DAO to achieve a transparent future: a future based on more truth and less trust.
REEF daily Accum/Dist is curving up in its All Time Low zone.This is a clear sign about REEF is in an explosive potential accumulation momment.
This is the advise of an extreme bullrun being loaded, and the best momment to buy.
Update to original Reef chart. We had a nice divergence going until the Twitter fingers came out from Sam.
Seems we are back on track with BTC pair holding.
Next wave up remains at .07 PT.
Just my technical analysis.
REEF recovering power after Sam Trabucco's FUD attack.As you can see, REEF defeated the Sam Trabucco's FUD attack.
This is not the first time that REEF got fud-attacked, and always the crypto defeats these criminal people.
Why they attack REEF? Because they feel envy and fear by the great potential this project has, and the very good person and CEO that Denko is.
Now, you can see why is too important keep calm and NEVER sell when a FUD attack comes to your crypto.
This is a very great experience for all.
Don't worry, REEF will go to the moon.
If you are out of REEF, buy it right now and add to your portfolio; this is one of the most important and powerfull crypto projects right now.
REEFBTCOne of the best things to do in this market when everything is falling is studying how each coin reacts to the Bitcoin crashes.
For example, we all remember that while Bitcoin was falling, REEF started to become active and pumping up without any attachment to Bitcoin.
So right now that Bitcoin is about to (maybe) fall, even more, We can see REEF is on a wedge, indicating a breakout.
So my idea is to buy and holding REEF until those TP areas. (shown on the chart)
Tell me your ideas. Like and Share 🗣✅
Comment if you need a chart 💬
Buy REEF. This crypto will explode to a X10 in some days.Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
Tomorrow will be a special staking event offering rewards at 2:00 pm CET
Right now, REEF is on a dip, and this is the perfect opportunity to buy!
What can I do with REEF?
Governance: vote on different proposals such as releasing new features and re-adjusting certain parameters in the system
Protocol fees: pay fees for operations such as entering/exiting a the basket, reallocation, rebalancing and other activities
Staking: stake into various pools to earn interests with preferred APR;
Yield Distribution: choose the payout ratio of the profit generated by the activities in your basket
Reef.Finance is secured under Polkadot's shared security model, ensuring high resilience and forkless upgradability.
A decentralized network governed entirely by Reef Token holders via DAO to achieve a transparent future: a future based on more truth and less trust.
REEFUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has fallen and now it is ready for going up. We have shown two Entry Zones on the chart where you can buy it step by step ( Martingle way).
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Reef token completing Cypher pattern for upto 54.5% moveHi dear patrons, hope you are well and welcome to the new update on Reef token.
On the daily time frame chart, the price action of REEF is completing the final leg of bullish Cypher.
This trade has a big profit possibility of 54.5%, and the loss possibility is 13%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
REEF Strong Continuation Pattern 63% Gain from Buy Zone 1REEF's price soared to a new ATH on 11/02/21 reaching $0.056 on the Binance exchange. Following the new ATH there was a small retracement before trying to push past the resistance set at ATH on 11/02/21. Reef has experienced quite a sharp recovery from the retracement in price level signalling strong bullish sentiment back in the market. Currently the price is above the 13 EMA, 50 SMA and 200 SMA showing a strong upward trend. We expect the current price to test the 50 SMA which is close to our current buy zone 1 before continuing with the bullish momentum as some traders will be taking profit at the current ATHs.
Reef reached its new ATH after testing the previous Highs just above the 78.60% Fibonacci level, reaching $0.059. From the current price level there are 2 possible scenarios which could both play out from here as this impulsive move from the low of $0.023 on 23/02/21 is not showing signs of exhaustion, the key will be in finding the right zones to enter. We expect the ATH level to be tested again and our next price target for REEF is at the 127.20% Fibonacci level @ $0.068.
Use the buy zones to map out your buys, further if the price drops to the 38.20% Fibonacci level, look to DCA/Accumulate from the first buy zone! Happy Trading :)
Can we see a REEF. Finance bounce here off the trend line? Here’s some technical analysis I have drawn up for token, REEF.
As you can see there is a divergence on the RSI. When you look at the price action for BTC, we saw a nice pop off the trend line. The next wave up, I have a prediction for .07
REEFUSDTREEF was one of the hottest coins today on Binance,
And maybe most of you guys are having this FOMO and wanna get in.
Well, here we go: it cooled off a bit, but now it rising back up... I think maybe it's following the same path as CHZ. (You can check CHZ on my previous idea.)
The wisest thing to do is to wait for REEF to break this resistance and then if it confirmed and closed a 4H candle above that TP area as I showed on the chart, it's a good time to open long positions.
REEF Brekaout incoming.Reef breakout incoming from ascending triangle.
Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle.
REEF trend broken and retestedOn a daily frame trend broken and retested. downward movement stopped by ma20. I expected fibonacci levels to be reached.
first target: .043
second target: .055
Even though graph look bullish, correction of bitcoin may cancel all the analysis.