REEF
REEF ANALYSISHere's a quick look at REEF 4D chart . As we can see, the price has been showing a trend line support and moving in the Rising wedge. It also respecting box patter n and moving nice in box ,breaking upside only .We can see a breakout anytime in any direction . Wait for retest and buy it surely.
Definitely one to keep an eye on .
The best entry at 0.028$ or after breakout upside and retest.
Targets
1 0.03827$
2 0.045404$
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Finally REEF inside this big value area 😲😲REEF has breached the lower boundary of the big value area. The price is now inside this area and has tested the lower boundary as support. This is a good signal. The first target is the middle of this area. The second target is the upper boundary of the big value area.
But it is worth mentioning that bitcoin has grown very strongly and in case of a correction all altcoins will also be very strongly corrected, so watch your risk management.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
🆓Reef (REEF) Nov-7 #REEF $REEFREEF is increasing quite strongly in the past few days and it is about to start a new rally to $0.045 and $0.055 zones. The $0.034 and $0.03 zone are strong support zones and possibly the bottom of this correction that we can buy.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.034$ zone
🔴Buy : 0.034
🔴Sell : 0.045 - 0.055
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.034$ zone
🔵Sell : 0.034
🔵Buy : 0.03 - 0.026
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
reef scenario while btc cant obtain enough volumereef may repeats previous movements,be cautious another pike below 200 ema support ,over 0.040 price can make another parabolic movement
REEFUSDTsee and watch :)
The trendline has been broken and pullback to it and it will probably increase to the specified range ...
REEF, catching the next moveLast REEF trade went well, so I'm looking at this next entry
- Bullish structure on the daily
- Bounce on strong support
- Bounce on 50 EMA
Conservative target @ 1.618 FIB
Aggressive target @ $0.49 (daily resistance)
Happy trading y'all
REEF/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Reef is ready to 🚀(Spot)Reef is undervalued and insane in pumps!
Personally, will not enter with a large amount here due to possibility of bitcoin falling and the orange scenario.
so please make sure you buy after breakout.
This guy will be so bullish until that uptrend line is broken. If orange scenario occurs I'll buy the dip :)
$REEF to 0.3$ / 0.6$One day it will just go crazy, be sure ;)
As always, buy only after you done with your own research
#DYOR !!
REEF historical move! NEED to pass the resistanceREEF historical move! NEED to pass the resistance.
I am waiting for historical move Wave 3 for Reef.
at the same time it needs to break the Point of Control (Volume Profile)
Break or Make , I am a big bag hodlr!
if REEF breaks up it can runYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
CAN REEF GO FOR THE PREVIOUS ATH?REEF is sitting at a very strong supply zone here with a horizontal trendline, breaking out of this with volume will be really bullish and will take us for the next supply zone where we had the previous ATH!
All eyes on REEF, it has been the slowest mover of all!
REEF/USDT Getting ready for a breakout. All signs show upwards🚀Intro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
- In circulation we have 13billion coins out of possibly 16-20 billion. Therefore we don't expect a strong pullback due to inflation.
- Total market cap is around 400million which seems too low.
Daily chart:
- Price shows a consolidation around the 0.03$. We did retest the old resistance around 0.025$ which turned into support.
- Volume shows a price spike together with price appreciation. Often times this is followed by a second round of prices spikes so we are watching closely. The chances we see this during the next days are pretty good.
- RSI analysis shows that bounced back from the red 80 line. We found support around the 50 line and get ready to go back up again.
- Support lines are at 0.025$?, 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well.
- Resistance lines are at 0.05$. Clear sky lies beyond.
Expectation:
- We expect another leg up after the current consolidation. All signs show strength and upwards momentum.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- We expect some consolidation around 0.03$ before we get through and a struggle around 0.05$. So far we see exactly that.
- End of the year prediction: We will see a 0.3$+ REEF before the end of 2021.
Basic rules:
- Never buy the top/ ATH
- Take profit as long as you can (also partial profit is profit)
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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We would love it if you could share your thoughts in the comments.
Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
- White lines are Fibonacci retracement levels
Helplines:
- Purple lines are trendlines we take a look at.
- Blue, green, white and pink lines are 200MA, 100MA, 50MA and 20MA.
- Yellow lines are for visual help only.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
reef from polkadot
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
REEF
Rank #146
Coin
On 161,995 watchlists
Reef Price (REEF)
$0.03111
5.21%
0.0000004949 BTC2.52%
0.000006988 ETH1.12%
REEF - is it a good time to buy ❓🤔Many people have asked to analyze the REEF coin.
On the chart, you can see a big value area. The price has tried several times to break through the lower boundary of this area, but so far without success.
There are two scenarios at the moment:
- Either the price will return to the resistance level, squeeze and then break the resistance level.
- Or the price will break below $0.025, collect liquidity and then break through resistance.
In both scenarios, this is a good buying opportunity after breaking through or retesting this level as support.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Reef - Your NEXT 10X AssetHi Folks,
A Reef analysis for you. Requested by fellow trader @tview313.
Reef is a DeFi platform, built-on Polkadot, providing a more efficient alternative to ETH and offering broad integration with other protocols.
The Fractal is showing potential price action, while the Fibonacci levels give you and idea on potential targets to keep an eye on.
The first step is breaking the long time resistance 0.05 level. Above that there are clear skies ahead.
Cheers,
Goraxes
reef reefusd reef neowave analysis
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reef neowave analysis
maybe this scenario will be happen
reef 4h scale in time zone analysiswe are in a critical time zone for reef.... resistance of channel midline and price cluster can obviously push the price and band it to grow more and all things possibly cooperate to start new downtrend