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Reefusdt

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.
RLong
by tumbler55
2
REEFUSDT🌟this alt showing a new opportunity to enter position for its long term situations, despite its low movements you can get a massive profit out of it in long term and the chart is also in a good shape to enter from current value ---------------------------------------------------------------------------------------------------------------- If you want to see more and more from these 💎 free signals: 🙏 Help us grow then Each individual support counts 🙏 Tell us what do you like to know about the market and how do you see the forecasts Share us your opinion ---------------------------------------------------------------------------------------------------------------- 👉This idea has the confirmation of "advanced price action" 👍 👉Follow us and invite your friends too, this way we can share ideas and signal to anyone we care 👍 👉Hit share and spread the information in public chats or your twitter for everybody to get profit 👍 👉Tell us what's important for you in the market or what asset makes a difference in your investment basket 👍 📝Did you know money management and risk management are as important as your entry and exit point of a chart? 💰Plan a Trade before a Trade💰 💸Develop a strategy before you enter position your strategy have to be a combination of money management + risk management + time management and profit management (the famous MRTP method made exclusively by our team💎) Trade well ❤️
RLong
by the-crypto-analyzer
1
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 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
R
by P_S_trade
64
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.
RLong
by CryptoPatel
6
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
RLong
by FX_Professor
4
Ascending channel on REEF REEF is carefully riding this ascending channel to the top. I remain bullish on this. Reef may ride the channel until the $0.03 resistance and break through the resistance and the ascending channel then pump massively to $0.05. I’m holding my long position which I started at the entry point on the chart. I had taken profit earlier at $0.026 and took a position again at a small retrace to $0.023. I’ve also adjusted my stop and I’m riding this full wave.
RLong
by Rileytosin
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.
RLong
by tumbler55
2