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.
Reefusdt
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 is gona runconsidering that the triangle at the top has been broken, I think it will continue to climb
REEF trend broken and retestedOn a daily frame trend broken and retested. downward movement stopped by ma20. I expected fibonacci levels to be reached.
first target: .043
second target: .055
Even though graph look bullish, correction of bitcoin may cancel all the analysis.
DeFi Made Easy by REEF ; (REEFUSDT analysis)the gateway to DeFi through Liquidity and Protocol Aggregation,
Proprietary Analytics, and Multi-Chain Accessibility
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Reef is now on:binance
whats 🌟REEF🌟?
Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
❇️INVESTORS: NGC -- GENESIS BLOCK -- QCP -- WOOSTOCK -- BITCOIN.COM -- KENETIC -- PNYX ventures -- CRYPITAL -- TRG captial -- MASTER venture
❇️ECOSYSTEM: defi financial infrastructure -- exchange and trading market
❇️REEF GETS LIQUIDITY FROM EVERYWHERE - BOTH CEXS AND DEXS: kraken - binance - coinbase -- (airswap uniswap -kayber network )
❇️WHY REEF ?
👉LIQUIDITY PROBLEM:
- CEXs - isolated silos and prone to hacks
- DEXs - unstable liquidity, slow and hard to use due to Ethereum's network
- No integrations with the DeFi ecosystem
👉YIELD PROBLEM:
- High technical barrier of entry
- Impossible to keep up with the best strategies
- Expensive gas fees
👉FRAGMENTATION PROBLEM:
- DeFi activities are fragmented and painful experiences
- Increased complexities
references: reef.finance
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✅TECHNICAL ANALYSIS
As we can see in the weekly timeframe logarithmic chart for REEFUSDT , The current price roam about $0.051 ,
I think this currency is very suitable in a technical position, And it is ready for a price jump even in the short term
- Given that we now see a cup ball again, we can also imagine a hypothetical channel for it with a green and red line that can also act as support and resistance, in addition to green areas can be considered areas of demand.
Price targets are $ 0.13 and $ 0.35, respectively, but achieving the third target and others requires a green crypto market for a longtime .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
REEF is mad and hunry for more!Hi All!
We had a very nice pump and lot of important news, probaly a reason why we had a such a big movment!
After diping we are back to a main ascedin channel and I expect to reach new ATH very soon since Reef.finance is hyped and looks ready for bullish continuation!
TP1 - 0,053
TP2 - 0,055
TP3 - 0,082
SL: 0,040
Let's see how this plays out!
REEF - MOOOOON BAGS! REEF BROKE OUT AND RETESTED RESISTANCE... MAKING IT SUPPORT. IT WILL GO PARABOLIC SOON. EXPECT A MOON BAG. BIG NEWS AT END OF MARCH. THE CHARTS AND VOLUME BOTH SAY BULLLLLLISH!!
IN AT $0.42. SORRY EVERYONE. WANTED TO POST THIS EARLIER, BUT WAS AT WORK. STILL LOTS OF JUICE LEFT
REEF/USDT - Important levels. Potential Growth. Big Player Hello everyone, analyzed the REEF/USDT pair
After doing a little analysis, I can say that this coin has a potential profit and growth in the medium term of more than 700%
Based on the chart, impulsive growth is visible, price rollback (corrective movement)
and continued impulse growth.
Important levels are indicated on the trading chart.
After leaving the border of the so-called channel, the growth of the coin will continue.
Open interest (what it is and how to work with it - find it on the Internet) HAS INCREASED.
The levels on the fibo grid coincide with the level of growth and correction.
There is also a medium-term support line, and price consolidation in the channel.
You don't need to invent anything. The coin has every chance of continued growth.
Also, to select positions, look for the resistance levels and the middle of the channel.
You should not expect a quick profit, but for a small% this coin can be added to your crypto portfolio.
Stop loss - everyone chooses for himself, following his own trading system.
"This is just my opinion, trade with your trading system
Have a nice day and come back again."
Go to my free channel and chat with other traders. Link in the description
Write your opinion, whether there is a place to buy here, and open a long position
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
REEF movingWatch out for that volume increase now on REEF and break above that bullish flag. We should be moving upwards from here in a subwave 3. Easy setup with a great R:R.
Get ready.
(I bought on the retest of that flag, nfa, imo)
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.
Scalping idea for REEFUSDTI think it is time for REEF. I hope it will go up to its closest resistance levels.