REEF accumulation for a multiday breakout soon.REEF is bound for big reversal after boucing off a strong order block support at 0.0025 levels multiple times on weekly data.
It has created a significant higher lows on the weekly chart.
A strong accumulation has been spotted at this levels. A big price change on the upside is about to materialize soon.
SEEDED L at .00290
TAYOR.
REEFUSD
REEF buy setupREEF has rejected after the heavy pump and is approaching the origin of the move.
The origin of movement is valuable to us. We are looking for buy positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
REEFUSDT Forms Strong Bullish Flag PatternREEFUSDT technical analysis update
REEF has formed a bullish flag pattern on the 1H chart, with the price moving toward the flag resistance for a potential breakout. Once the breakout occurs, we can expect a strong bullish move in REEF.
Buy after breakout confirmation on the 1H chart.
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hexa
REEFUSDT Breaking Through Key Resistance! Major Rally Incoming!!A solid upward trend has emerged as REEF/USDT consolidates above resistance. The breakout pattern signals potential gains as bulls target the next resistance at 0.0123. Are you ready to ride this wave?
REEFUSDT Currently trading at $0.0059
Buy level: Above $0.0055
Stop loss: Below $0.0045
TP1: $0.0065
TP2: $0.0085
TP3: $0.01
TP4: $0.012
Max Leverage 3x
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Reef Price Analysis: Critical Levels to Watch!According to the chart, Reef is currently challenging a critical resistance level at the $0.0054 area. Should Reef successfully break through and sustain its position above this level, we anticipate a potential move towards the next resistance zones.
By analyzing Reef's daily time frame chart, we can identify key support and resistance levels that are likely to influence the price movements of this cryptocurrency. These significant levels include:
Short-term support level at $0.0036
Major support and demand zone around the $0.0024 range
Current resistance and supply zone at $0.0054 (where the price is currently engaged)
Next target and resistance range positioned at $0.0074
These levels are crucial for understanding Reef's potential price action in the near future.
REEF: Uptrend with CautionMomentum Peaks as Price Tests Key Resistance at $0.00218
REEF is currently trading at $0.00203, following a strong rally that pushed prices toward the upper Bollinger Band at $0.00218, a key resistance level. This rapid ascent has led to overbought signals, with both RSI at 74.53 and Stochastic %K at 78.81, indicating caution ahead as we might see a pullback or consolidation.
Bollinger Bands Indicate Potential Retracement
The price is currently riding the upper band ($0.00218), showing that it's in an overbought region. The lower band at $0.00141 and the basis at $0.00179 serve as potential downside targets in case of a correction.
MACD Still Bullish, but Watch for Reversal
The MACD is holding slightly positive with a histogram of 0.000023, suggesting the uptrend might still have fuel left, but with momentum tapering, it may lose strength soon.
Support and Resistance Levels
Resistance: $0.00218 (Upper BB)
Support: $0.00179 (BB Basis) and $0.00141 (Lower BB)
On-Balance Volume (OBV) Strong
The OBV of 1.42B shows strong buying interest, confirming that the current uptrend is supported by volume. This may help limit any potential dips.
Short-Term Outlook REEF is in overbought territory, and while momentum is still bullish, expect some volatility near the $0.00218 resistance level. A rejection here could lead to a pullback toward $0.00179, so traders should watch for confirmation of a breakout or signs of exhaustion.
Tighten stop-losses and monitor volume carefully. A sustained break above $0.00218 could signal the next leg higher, while a failure to hold current levels might trigger a pullback.
REEF roadmapFrom where we put the red arrow on the chart, it seems that REEF correction has started.
This correction seems to be a large diametric that price has now entered wave E of this diametric.
It can continue to drop by maintaining the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
REEFUSDT 1W-TIMEFRAME ANALYSIS💥REEFUSDT 1W-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥REEF Reef
I hope my idea is clear
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REEF buy setupREEF structure looks bullish on hourly time frames.
We have a bullish iCH on the chart and the trigger line is broken.
By maintaining the demand, it can move towards the targets.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
REEF ANALYSIS (4H)It has consumed and cleared the resistance areas and has an ascending structure and substructure.
By maintaining the green range, it can move towards TP.
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
REEF long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
REEF is about to catch a wave!REEF has been forming a cup and handle formation for quite some time now, and the lows in the handle appear to have established a base for the remaining handle formation. I put on this trade twice already thinking the bottom was in and was stopped out on two different occasions. I'm by no means reckless trader, but I'm going to be putting on another long position between the breakout level of .0015 and the high set today of .001643 when the chart looks right.
If we fall past the lower trend line on the handle formation, then the pattern may be null and void, so trade with caution.
Good luck!
REEF breaking out of the descending wedge pattern.REEF was taken down hard the past couple of days by market makers, yet has still managed to breakout of the descending wedge pattern on a day when it's deep in the red. The 4 hour chart looks absolutely incredible!
I took a long position at .00159 and will be adding to it as the trade progresses.
These are the only indicators that I use. In my opinion they're the best combination available for trading. (With stock volume and 200 D.M.A.) Try them, you can thank me later!
- Haos Visual Divergence + Volume Analysis
- TTM Squeeze Pro
- Stoch MTM
- SMI MFI
REEF cup & handle - handle formation divergence.As per my previous REEF chart posting, REEF has formed a massive cup & handle formation and is now working on the formation of the handle itself. The white triangle represents the area that the handle formation is occurring. Currently there is a divergence between the price action and the H.V.D. Volume Analysis Indicator which looks to be a good sign that the price action will be moving upwards to the white dashed line to continue building the handle.
I think this is going to be a very substantial, positive price move once the price action breaks out of the handle formation.
These are the only indicators that I use, and in my opinion they're the best combination available for trading. (With stock volume and 200 D.M.A.) My P & L clearly demonstrates this fact.
- Haos Visual Divergence + Volume Analysis
- TTM Squeeze Pro
- Stoch MTM
- SMI MFI
REEF - 15m scalp bullish opportunityThe bears have made several attempts to reach the support zone without success, indicating they may be losing steam. This suggests that the REEF price has the potential to climb to the top of the trading range, at the very least.
REEF Next Support & ResistanceREEF Next Support & Resistance
0.001258
0.001336
0.001603
0.002269
0.002744
Reef BTC 2022 retrace to ATHBasic idea following non log chart for a change
Some patterns identifying themselves.
Falling wedge
Descending triangle
Bottom support (although 20 sats could be another leg down)
Upside risk to reward far outweighs the downside
Expecting at least a retrace to the 0.786 as per chart
I'm still holding my bags
Reef/usdt longon the chart we see the zone of accumulation for the last months. we can see growth from 30 to 100% in the near future not a financial recommendation