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Reeffinance

(LONG) REEF / USDTAnalysis : - first target : 0.053$ - second target : 0.056$ - third target : 0.065$ What Is Reef (REEF) ? 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 aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
RLong
by HolderYoda
🆓Reef Finance/USDT Analysis (19/3) #REEF $REEFREEF have just made a big dump a few days ago but that's not really a bad sign to REEF when there is a big buying force at 0.04$ zone, which can push REEF back to 0.055$ zone and even higher in the near future. I think REEF is really a promising coin with many updates in next months 📅NEWS 👉Mar 31 : Kusama Deployment 👉Mar 31 : Dot Basket Engine 👉Mar 31 : Chainlink Integration 👉Mar 31 : Yield Engine (v1) 👉Mar 31 : Reef Basket Engine (v1) 👉Mar 31 : ETH Deployment V1 Testing 👉Mar 31 : Multi-Ecosystem Support 👉Mar 31 : Fiat Gateways Integration 👉Jun 30 : Moonbeam Support 👉Jun 30 : Reef Vaults 👉Jun 30 : Reef Basket (Dynamic) 👉Jun 30 : Reef SDK 👉Jun 30 : Pooling Mechanism (v1) 👉Jun 30 : Reef DAO Structure 👉Jun 30 : Smart Asset Management v1 👉Sep 30 : Mobile App Init 📈BUY -Buy: 0.038-0.040$. SL B -Buy: 0.053-0.057$ if A. SL B 📉SELL -Sell: 0.053-0.057$. SL A -Sell: 0.083-0.087$. SL A -Sell: 0.125-0.13$. SL A ♻️BACK-UP -Sell: 0.038-0.040$ if B.SL A -Buy: 0.025-0.027$. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
RLong
by CryptoStation
1
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)
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by SmallCryptoBoy
1
REEF/USDT Decisive moment looking at two resistance linesReef is having a hard time and is close to two resistance lines. Expect a small pullback to gain some momentum for a breakthrough. Bitcoin is consolidating which normally is a good sign for altcoins. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Cheers ps. Chart explanation: 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. Purple lines are trendlines we take a look at. Yellow lines are for visual help only.
RLong
by tumbler55
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 :)
RLong
by CryptocurrencyMagnet
2