REEFUSD 18/02/2021REEF (REEDUSD) is bullish alongside the rest of the crypto market. From previous price movement, 150% gain within the next 5 days is possible.
REEFUSD
REEF 1000% 🔥 🔥 Great Buying oppurtunity 🚀Key Notes:
Decentralized finance (DeFi) projects have been increasingly common recently as the space has become wildly popular, but each one suffers the same problem of a lack of interoperability. The Reef Finance project is attempting to create a platform that combines all of the various DeFi applications in one place, easing user access to the DeFi ecosystem
REEF/USDT Price ForcastThis is my second publish. I am eager to know what your opinion is about REEF FINANCE. Please do not hesitate to comment and like. Thanks
What is REEF:
Reef is a DeFi platform built on Polkadot to deliver cross-chain trading.
Reef aggregates liquidity and offers automation. It also aims to address the security issues and other problems with centralized trading platforms, providing a decentralized environment to users to trade.
Technical analysis:
REEF has tested the trend line support successfully and breathed out, maintaining a healthy bullish pattern. ATH is $0.30 which would be expected to reach. During the rise and fall of altcoins, REEF/USD has maintained the steady and healthy rise, which makes it one of the assets to consider investing in.
Fundamentals analysis:
Due to recent events and issues with centralized trading platforms such as Robinhood, the demand and need for decentralized trading platforms is becoming a dream for investors and intratraders, specially amongst retail investors. REEF FINANCE claims to be the solution and their journey had begun even before the recent events.
Market Cap:
The market cap of REEF is way less than the market caps of other altcoins with no revolutionary objectives, giving it the room to increase. Providing that it increases, the price of the token will rise with it too.
USDollar:
There is no doubt that USDollar is getting weaker and weaker. That makes all the assets price rise, including REEF.
Concerns:
Not everyone knows about REEF FINANCE. It is a fairly new project, making the investment riskier and at the same time an asset with a higher potential to gain a larger margin.
Opinion:
Considering the technical and fundamental analysis, and the risk to reward ratio, REEF/USD seems to be a great investment with a high ROI. I am expecting it to reach $0.30, then a 30% pullback, and then aim to penetrate the $0.30 level. the numbers can sound "dreamy", but due to above analysis I think it will be achieved.
------ NOT FINICIAL ADVISE ---------
Potential Breakout for REEFBullish pendant forming with Fib retracements.
Stong fundamentals
Built on polkadot.
REEF/USD - Ranging before push to 7 cents!REEF is currently ranging as indicators on 4h are a bit flat without a clear trend. If we dive in lower timeframes we will see REEF wants to go higher!
However REEF already pumped a lot these past two weeks therefore it is normal for price to take a pause here.
I still expect REEF to do at least one other leg up before a more sustained correction. That can take us to $7 cents or above!
For that to happen we need to remain in this ascending channel and support has to hold. If we fall out of the channel then we will be in a longer correction. This scenario is unlikely right now.
Bias remains bullish and will remain so until we break support.
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REEFUSDT 1H-TIMEFRAME ANALYSIS✨REEFUSDT 1H-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for REEFUSDT
I expect price GO to correct and complete the Cypher pattern
Buy zone in green
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
REEF cup & handleleave a like if you agree with my opinion! Or let me know what you think in the comments, trying to learn the trait.
this is not financial advice.
Reef at supportleave a like if you agree with my opinion! Or let me know what you think in the comments, trying to learn the trait.
this is not financial advice.
REEF has broken its resistance and know testing as a supportThe candle is testing the upper bound, if it bounces again the resistance will moves into support.
Wait for the bounce then create your trading plan.
Always follow your plan.
I will recommend this token for a mid-term trading.
I will update you in 1-2 weeks ;)
Stay safe
REEF BTC longBullish formation (bullflag) on 6H timeframe. Previous signals before last run-up gave a x4 (20sats-83sats).
If this would happen during this run, price can run up to 200-240 sats, especially in this bullish market sentiment.
REEFUSDT 1D-TIMEFRAME ANALYSIS✨REEFUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Reef finance REEFUSDT
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
✳️Reef Finance/USDT Analysis (15/1) #REEF $REEFREEF, after conquering $0.009 zone, is strongly increasing to $0.011 zone and it is highly likely that it will break out of this zone to rise sharply to $0.015 zone in the next 3 days
If REEF loses $0.009 zone, $0.008 zone is still very reliable to buy
📅NEWS
👉Feb 28 : Reef Client
(youtu.be)📈BUY
-Buy: 0.009-0.0095$. SL B
-Buy: 0.01075-0.01125$ if A. SL B
📉SELL
-Sell: 0.015-0.0155$. SL A
♻️BACK-UP
-Sell: 0.009-0.0095$ if B.SL A
-Buy: 0.0075-0.008$. SL B
❓Details
Condition A : "If 4H candle closes ABOVE this zone"
Condition B : "If 4H candle closes BELOW this zone"
REEF ! This is the BUY signal We were waiting on!REEF is looking really strong at the moment. It broke over the 30 day moving average, RSI is up, and it just popped off the top of the FIB line in the 4 hour chart. Its in perfect position to shoot up also because it has basically just been being sold sold sold since its release. With its new 3.9 million dollar investment, along with a bunch of other partnerships, I think this is just the beginning like I was saying in my previous posts. Seriously I think this is the Lowest that you will ever be able to get REEF from here on out. All other times it went up it was still trading sideways. It finally broke out of that channel and is heading on a clear ascent UPWARDS! Thanks!
Reefusdt Uptrend is probably ☑️In 4h , macd is down and orange line can break blue line so uptrend is probably ☑️
0.0093 support zone
0.0011 resistance zone
If the candle can cross the purple zone 💜 uptrend will be continue as well as possible ☑️
And about analysis the ichimoku cloud ; we see a big cloud and this cloud has magnetic 🧲 and the candle can go in to the cloud 😉
Overall ; After the binance pool we can saw highest price .
Have a good trend ❤️
REEF looking to breakout! In my opinion REEF has found its bottom and will only gain from here. We can see the Wave Oscillator on the hour chart starting to wean off, the buy candle just broke the SSL channel, and it just broke the upper FIB. Cross your fingers and hope it doesn't drop any lower ! This project honestly doesnt even exist yet and its holding firm at .40 . This is honestly a brilliant idea and if anyone can pull it off its Binance. So yes , I think this is a good buy and do believe it will be going higher. Comment or smash that like !
Double TapHit the bottom twice , looking for another shot. Here we go! consolidation is at .025. Will consolidate here before climbing back up. If it dips you know what to do. (Buy the DIP)