REEFUSDT 4H-TIMEFRAME ANALYSIS✨REEFUSDT 4H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for REEFUSDT
I expect the price to move higher...
I hope my idea is clear
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Good luck💰
REEFUSD
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 :)
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 - MARCH MADNESSReef has a massive march incoming with the following events before the end of March
- Polka DeFiance
- Kusama Deployment
- Dot Basket Engine
- Chainlink intergration
- Yield Engine (v1)
- Reef Basket Engine (v1)
- ETH Deployment V1 Testing
- Mult-Ecosystem Support
- Fiat Gateways Integration
''Buy Big Sell BIGGER'' - MegaWhale
REEFUSDT (REEF) - POTENTIAL BUY ENTRY ANALYSIS
- REEFUSDT is bounded in the ascending channel (AC).
- Price hit the ascending channel resistance and then retraced for the retest of the ascending channel support and key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- The retracement was resisted by the descending trendline resistance (DTR-1).
- Price brokeout above the descending trendline resistance (DTR-1) due to the high buying pressure at the retest zone.
- The market is bullish.
- Price is currently experiencing a minor retracement to the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- This retracement is a resisted by the descending trendline resistance (DTR-2).
- Breakout above the trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR-2).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Ascending channel resistance.
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending channel support.
💡 REEF/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
💡 REEF/USDT💡 Hello everyone, if you like my idea, follow me with likes and comments, I will also try to share the best ideas with you, Always do your own research before opening positions and always put stop limit.
Reef looks good from here!either channel we choose to fall in should lead us to the top of the higher trend line. one just gets us there quicker then the other. if we fall from under the bottom trend line be sure to set stop loss. if this happens we going down but as of now i dont see it on this chart. Good luck
ATH SOON FOR REEF !!! VERY POSSIBLE +5c VERY GOOD CORRECTION AND ACCUMULATION FOR REEF AND IS READY FOR NEXT ALL TIME HIGH !!!
Reef possible long term playoutREEF / USDT
Possible long term playout if we dont lost 0.2$ support by daily candle closure
Tow scenarios for buying
1- waiting for daily close inside gaint ascending Channel
2- wait a retest of lower support (green area)
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((( risk 1-3% only of your wallet )))
Trade at your own risk and only if interested in my ideas...Good luck
REEF - Next to fly? After the huge success of ENJIN going parabolic and buying it at the right time (as well as Cardano) our research is showing all good things about REEF
Reef (REEF) is a Polkadot-based DeFi platform that aims to offer cross-chain trading powered by a yield engine and smart liquidity aggregator that enables automation of the exchange process.
One issue Reef developers hope to provide a solution for is high gas fees on the Ethereum blockchain that are currently making DeFi unusable for many community participants. The team also hopes to help connect liquidity pools from separate networks, avoiding the need for multiple accounts which can be difficult to keep track of.
Looking GREAT on the chart too as the price is outside our wedge and looking bullish.
One love,
the FXPROFESSOR
#REEF price prediction, SHORT TERM TO 0,10 USDHi, well we could feel that bitcoin correction, but its OK , now we broke resistance and we are again in uptrend.
This project have a good marketing team and they have more partners and they are very active on Twitter, and their plans are very good.
I think we could see 0,10 USD to May, depends on volume and another bitcoin move
#REEF price prediction, From February to May 2021This is not a financial advice, but if we consider this project is gaining a lot of more and more popularity every day and with their plans , we can see a easy 10x - 50x to end of year ,maybe early
Many investors will come and after we break 0,10 USD many people will fomo and lot of youtubers will we speaking about this project , i rather buy and hold at 0,038 then at 0,38 later,
Its still early , do your own research
REEF 12h First idea and global markup of future movementsFor a long time, you asked that we consider REEF, but still, our hands did not reach the analysis.
But since we have made a global idea for DOTUSDT today, we need to make the first idea for REEFUSDT. Considering that REEF is a DEFI project and DOT's protégé is made in the Polkadot ecosystem, the first thought that comes to mind is that it will really grow like DOTUSD?
To answer this question, let's take a look at the graph.
Perhaps there is a bright future behind this project, but most likely we will have a long-term correction and global consolidation ahead.
The project is young and has been trading recently, and in order to pump it well, it needs strong players to come in, and this will take time - everything is interconnected.
The verdict of further price movement REEFUSD will take the level of $0.0505
From him, we have expected either a rapid x2 growth or a long 60-70% fall in the price value.
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[55%] (LONG) REEF / USDTReef lost 38% of its value in 10 days. "the time to buy is when there's blood in the streets."
Analysis :
- triple bottom on the RSI support
- We can break the resistance of the yellow triangle before touching the support of the canal
- Second resistance 0.04$ - 0.042$
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.
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.
