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.
If you like the content, please like, comment and give this channel a follow.
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.
Reeffinance
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 $0.025, collect liquidity and then break through resistance.
In both scenarios, this is a good buying opportunity after breaking through or retesting this level as support.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
reef 4h scale in time zone analysiswe are in a critical time zone for reef.... resistance of channel midline and price cluster can obviously push the price and band it to grow more and all things possibly cooperate to start new downtrend
REEF/USDT Massive price appreciation blasting through resistanceIntro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and and the 0.025$ resistance was ignored even attacking the 0.03$ resistance.
- 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.
- RSI analysis shows that we broke above the yellow resistance line and even shortly touched the 80 line but got rejected which is a good thing. Moving too fast only increases the risk of a sharp pullback.
- 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 behind.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. So far October gave us everything we hoped for and after a short consolidation we can expect to go even higher.
- 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$.
- End of the year prediction: We will see a 0.3$+ 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.
If you like the content, please like, comment and give this channel a follow.
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.
REFF/USDT Perfect Analysis 30% UP All targets hitI am very happy because my all given targets are successfully achieved
see old post below
Reef/Usdt Target and resistance updateREEF/USDT
Reef is facing big resistance at $0.02252. For strong up rally we have to break this resistance with good volumes.
Also keep keen eye on bitcoin's move
Target - 0.02252
Resistance - 0.03004
$REEF/BTC 2D (Binance Spot) Big fat falling wedge breakoutReef.finance is looking very bullish here against Bitcoin on macro view, especially after regaining 50MA support!
Current Price= 0.00000050
Buy Entry= 0.00000051 - 0.00000047
Take Profit= 0.00000067 | 0.00000085 | 0.00000099
Stop Loss= 0.00000037
Risk/Reward= 1:1.5 | 1:3 | 1:4.17
Expected Profit= +36.73% | +73.47% | +102.04%
Possible Loss= -24.49%
Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x
Estimated Gain-time= 3 months
REEF/USDT Make 15% Profit easily in Upcoming DaysIf everything goes according to our plan REEF/USDT is ready to bang in upcoming days.
In past time I did short term analysis of it and we are in good position to make as much as maximum profit we can get.(Find related links below)
And in short term I am strongly bullish on Reef Finance.
Spot Trade Setup
Buy REEF/USDT at CMP - $0.020
Upcoming days target - $0.023
Short term target - $0.030
Comment your thoughts. And #DYOR before investing.
CHEERS!
REEF/USDT Downtrend breakout. How high can we go from here?Intro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and we now head upwards to the next resistance lines.
- Volume is on a steady decline since Mai and rather low for a breakout. This means currently there is not much resistance from sellers.
- RSI analysis shows that we are very close to a breakout above the yellow and orange line. On the RSI side we did not get a confirmation for a trend reversal.
- Support lines are at 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well.
- Resistance lines are at 0.025$, 0.03$ and 0.05$.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. So far we did see a great start and are looking forward to smash the last three resistance lines before price discovery .
- Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- We expect some consolidation around 0.025$ before we get through and a struggle around 0.05$.
- End of the year prediction: We will see a 0.3$+ 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.
If you like the content, please like, comment and give this channel a follow.
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/USDT ANALYSIS 50% UPSIDE COMINGReef/usdt breaks the trendline resistance
Holding - short term
CMP - $0.01956
Target - $0.03 ( 50% profit easily)
REEF - is it a good time to buy ❓🤔REEF has broken the trend line and is now testing it as support. In addition, we see that volume has appeared at the bottom, which is also a good signal for growth. From a technical analysis point of view, now is a good buying opportunity. But it is quite possible that this is a trap, be careful.
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/USDT Target up by 150% expecting a huge profitReef/usdt technical analysis. i am expecting a huge 150% profit in short term
holding period - till december
REEF/BTC 350% Potential from here as Per TA Chart#REEF/BTC TA Update:-
#REEF currently trading at 50 Satoshi
And as per chart now Trading at very bottom area.
I am expecting huge return from #REEF in coming days.
Accumulation: 43-50 Satoshi
Targets:- 58/94/120/160/200 Satoshi
Stop Loss:- wait for my Updates
First need to break out 58 resistance level.
After it will fly towards our targets.
Support:- 43 Satoshi
Resistance:- 58/94 Satoshi
REEF/USDT Update: Another opportunity to buy cheap REEF. 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.
- The DeFi sector did have a hard time during midyear but finally recovers and with it also REEF.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states you opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- As the whole market also REEF did see a 30% pullback.
This lead to a downwards breakout of the tracked rising channel.
However it looks like we will be back in during the start of the upcoming week and continue to climb up.
- The overall volume keeps increasing slightly which is bullish.
- The 0.5 Fib level did hold and wee did get a nice bounce.
- Wee see that the 50MA came to help as support and did act well as such.
(The following description is taken from last discussion.)
- On the RSI side we got a rejection from the 80 line and are within a very shortterm downtrend most likely towards the 50 line where we expect support.
- We see a golden cross indicated by the yellow camera and a deathcross indicated by the cyan camera.
- The golden cross between the 20 and 50 MA can be seen as sign for a trend reversal while also most other signals tell us the same like price and volume .
- Currently we sit above the new support around 0.22
Expectations:
- We expect REEF to break back into the rising wedge and explode once we crack the 0.03$ resistance line.
- Assuming the trend reversal keeps in play and we get some kind of mirror image we expect REEF to touch 0.5 again before the end of 2021.
- Often times price consolidates above a support line which has been passed shortly before we see a bigger pump as separation from the support line.
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.
If you like the content, please like, comment and give this channel a follow.
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.
Boxes:
- Either entry zone or support zone . Check the description.
REEF 12h Will the growth continue?The fall in the price of the REEFUSDT pair began a week before the general drain in May in the crypto market. Then the first wave of the fall was -70%.
However, there was also a decent rebuying from buyers by +120% in 4 days , most likely, then the trigger for such a strong rebound was the news of the launch of the Mainnet by 28.05.2021
As soon as the news worked out, the price of REEFUSD had another wave of fall by -70% and without much volume
Now, looking at the chart, we see that the price of REEFUSDT has grown by +115% again , and volumes appeared only at the peak of the price.
Manipulators love to first drop the price by -70% and then raise it by +120%)
However, it seems to us that with a positive background in the crypto market, the price growth in the REEFUSD pair may continue, because the price has not yet reached a strong liquidity zone.
It was in the zone of $0.0310-0.0460 that active trading was served from February to May, and as history has shown, there were sales there before a further fall.
Please write in the comments if there is now a strong news background for REEFfinance so that the price of REEF could still grow at least to $0.04
_____________________
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REEF/USDT now 83% up from our entry and still more rooms#REEF/USDT Profit Update:-
$REEF currently trading at $0.0295
And
Now 83% from our entry level.
Hope you very happy.
Patience always pays off.
All targets has been achieved.
Now..?
Now $0.03 is big resistance level if break upward this resistance then Keep an eye on my Other targets.
Support:- $0.0270/$0.0242
Resistance:- $0.03/$0.036/$0.045/$0.051
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
REEF- Our Weekend Trade 🤲Best of all worlds (REEF Official website)
Reef chain integrates the best aspects from most commonly used blockchains while maintaining full smart contract compatibility. reef.finance
Introducing Reef chain
Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining. It is built with Polkadot Substrate and comes with on-chain governance.
News:
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with the Jax.Network will further strengthen the ever-evolving Reef Chain market realm.
The consolidation of Jax.Network into Reef Finance’s network system is a mining transaction on the Bitcoin blockchain that follows Satoshi’s business concept for an automated funds operative. For the purpose of warranting a secure blockchain token system for periodic cash exchanges and investments, the JaxNet mandate’s homegrown stablecoin and crypto token, ‘JAX’, will help advance this financial ordeal.
Let's see if the Reef can fly from the ocean,
the FXPROFESSOR
REEF/USDT Update: Moving within rising channelIntro:
- 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.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states you opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- REEF continuous its recovery and trades within a rising wedge drawn using purple lines.
- The overall volume stays increased and it is likely to see more upwards movement here once we go for higher price targets.
- On the RSI side we got a rejection from the 80 line and are within a very shortterm downtrend most likely towards the 50 line where we expect support.
- We see a golden cross indicated by the yellow camera and a deathcross indicated by the cyan camera.
- The golden cross between the 20 and 50 MA can be seen as sign for a trend reversal while also most other signals tell us the same like price and volume.
- Currently we sit above the new support around 0.22
Expectations:
- Assuming the trend reversal keeps in play and we get some kind of mirror image we expect REEF to touch 0.5 again before the end of 2021.
- Often times price consolidates above a support line which has been passed shortly before we see a bigger pump as separation from the support line.
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.
If you like the content, please like, comment and give this channel a follow.
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.
Boxes:
- Either entry zone or support zone . Check the description.
REEF LONGNot Financial Advice! Reef has a lot of good news and a good community around, we've seen a big increase in volume in the last week. Reef next target is 0.034 where is a big resistance at the moment. Risk of this trade is 3%-8% and possible earnings over 50%. Keep an eye on BTC this weekend. Peace!