Reef to 3x from hereReef is forming an ascending channel, hence creating a long opportunity.
Keep a stop loss right below the support line.
Reefusdt
REEF BULLISHApologies for the abstract chart. All lines serve a purpose. Please focus on the lime/green lines. The mid scale of REEF is currently trading within an ascending channel, right now, we are in an ascending triangle, we can breakout within the next few days/weeks. Looking at a target and strong resistance at around $0.066.
Reef is ready for another Breakout! Don't Miss.On 1 DAY TF
-Symmetrical triangle if breaks out, Be prepared for another big LEG UP, MACD cross as it points upwards-ADX & DI bullish cross -Volume is expanding on shorter time frames.
Attention: This is not investment advice; we are assisting individuals in creating their own vision.
Have a Good Reef Days!
Reef Bullish Signals Hint Breakout Soon!DAILY TIME FRAM ANALYSIS
-Symmetrical triangle breakout ready
-Stochastic's pointing up
-MACD prepared to cross as it points upwards
-ADX & DI bullish cross
-Volume expanding on shorter time frames
REEF/USDT First time Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to $0.036 where we saw a bounce.(Blue Line)
The blue is the Strong Support line, and we are still in triangle I expect a breakout before 10. April. If we fall down from $0.036 Support we might retest the trend line support.(0.033$'s)
We need to stay above the blue line 4 hours chart, and we need good volume when EMA25 will cross EMA50 upward for breakup if we do Targets are:
Targets:
1. 0.049$
2. 0.053$
Let's see what will happen
This is not financial advice! Just my idea about REEF!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision maker.
strange areawe should cross our fingers for reef to bypass 0.042
i can say it's possible for it , im 60% hopeful 🤞 🤑
reef looking for a breakout herebouncing off support are we going for a breakout or weilkl we fall through support
Idea for REEF/USDT, coinflip with higher chances of upside.LONGThis asset had great accumulation for at least 35 days, just trading on those psychological ranges that are slowly tightening down on that price lvl.
This is a trade that has good potential 4 a breakout and be a good trade, but it's also risky.
Both price and the indicators are showing us convergence, wich means that price has potential to follow it's trend to the upside. The asset have been doing consistent higher lows.
MACD is also showing us a loss in negative momentum (u can check that out) making the convergence argument even greter.
All of these are showing both on the daily and the 4h with the smaller latest pump and dump since march 25th.
Whether it will be the longers or shorters to win it will be up to a bit of luck.
I left also the ranges where u can take profit (or ur potential losses), now hoping that lady luck is with the longers I wish u all a good trade (let me know what u think).
Attention!! Remember to never invest more than u can afford to lose.
REEFUSDT (REEF) - BULLISH SETUP ANALYSIS 🔎
- REEFUSDT is printing an ascending triangle pattern.
- An ascending triangle pattern is a bullish build up pattern.
- Price is retesting the ascending triangle's inclined support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- There's a potential formation of the inverse head and shoulders pattern.
- The inverse head and shoulders pattern is a bullish reversal pattern.
- The right shoulder downtrend is bounded in the falling wedge pattern.
- A falling wedge pattern is a reversal pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Inverse head and shoulders neckline resistance.
- Ascending triangle's horizontal resistance.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
REEF will move soon!Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we saw a bounce. Now the price needs break above the blue triangle before we can build some momentum again. The crucial level to break above is 0.04$.
Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the triangle or at from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 0.049$
2. 0.053$
Profits can be taken in the resistance zone as well
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
EDiCrypto | REEFUSDTThis is just a simple painting , no more no less ... Do the right job with your knowledge !!!
REEF.USDT (Y21.P2.E1).1 OF 2Hi Traders,
As per chart, and with the support of the indicator, we have point E of a Descending Triangle formation
or E with a symmetrical triangle formation.
At this point, we need to watch the candle stick formations, looking for a reversal combination
The other pivot point of E, opens the door to becoming a top reversal structure., top formation.
All the best,
S.SAri
REEF Reminder!Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we saw a bounce. Now the price needs break above the green triangle before we can build some momentum again.
Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the triangle and sell at the target areas shown in the chart.
Targets:
1. 0.049$
2. 0.053$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
REEF nearing golden pocketREEF has been somewhat ranging the past couple of weeks. Today it seems like we could have a nice buying opportunity.
- Touching 4H trendline
- Double touch on the 0.5 FIB
- Touching both 50 & 100 MA
I would set my stop loss just below the golden pocket and the target below the most recent high around $0.05