REEF/USDT Breakout and Retest done so Now Ready to 500% up move?#REEF/USDT TA Update:-
$REEF currently trading at $0.0204
As per chart already broke out Resistance and Tested Retest level at Support.
Now..?
Now I am expecting Big move from here and I am expecting 500% gain from here in Near months.
High Demand zone is Best Entry zone.
Accumulation area= $0.0170-$0.020
Targets:- $0.0370/$0.0.07/$0.1
Stop Loss:- $0.0160
REEFUSDT trade ideas
REEF breaks its downtrend for price and RSI. Recovery ahead?Reef Finance finally broke out of its latest downtrend that now lasted over a month.
The support around 0.0165$ held and we got a nice bounce that pushed us through the downtrend trendline.
Next resistance lines are at 0.036$ and 0.05$.
We spot a similar pattern on the RSI where we expect the next resistance to be around 70.
Currently 16 billion REEF tokens out of 20 billion are in circulation.
This is good in terms of inflation risk, meaning there is basically none.
The current price level looks like a nice entry for a long position.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers Ctumbler
REEFUSDT is testing the daily supportREEFUSDT is testing the daily support and the price is creating a descending channel on 4h timeframe.
IF the price is going to have a breakdown, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
REEF Dream ChartThe Reeffinance project is a good cryptocurrency. It has been on the decline for a long time. This is my dream chart. It contains only my opinion. NOT FİNANCAL ADVİCE / YATIRIM TAVSİYESİ DEĞİLDİR.
REEF almost bottom and potential to increase 250%DCA is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
reefThe currency is on the long-term uptrend line and also on a steady support level which overlaps with 0.61.8.
REEF looks pretty goodBINANCE:REEFUSDT
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Thank you.
Possible Targets
➡️2 markers on global fib. Red one Reject in September than breaking out downtrend line and now we retested on D1 timeframe this line
➡️MADC and RSI - bullish
➡️Should break this local resistance line with price target to continuation
➡️ Coin now almost on summer price level and not so far from fundamental price.
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REEF is having a great updates very bullish newsReef is now in good zone for buying...buy in spot in two zones 0.018 to 0.017 and 0.010 to 0.012 and sell at 0.027 to 0.037 and this last one zone for selling is not sure hit or not but maybe hit 0.050 so don't take huge risk I'm not a financial advisor...I also watching btc is not in well area so that's why be careful and also do your own research....
update is Steam ecosystem basket development and launch.
REEF at bottom and potential to increase 150%#REEF/USDT
$REEF is above long term ascending support, holding this support can increase price to resistance zone, breaking this resistance will cause at least 150% increase.
breaking down from current support will drop price to support zone.
REEFUSDT-SHORTThere is a short position in REEFUSDT
REEFUSDT REEF
🔴Short Now or set on Key Level 0.01985
🟢Target 0.01590
❌Stop loss 0.02100
#K_Level
Reef looks strong on weekly!Reef is completing weekly correction, a huge pump could be expected within next 1-2 months.
On the weekly it looks bullish, completed 'W' pattern. A double bottom on the daily should be considered though.
REEFUSDT - Are you ready?Share some ideas
OP 0.024755
TP 0.026147 - 0.027328 - 0.028509 - 0.030190 - 0.032332
SL 0.022254
REEFUSDT-LONGThere is a long position in REEFUSDT REEF
REEFUSDT REEF
🔵Long Now or set on Key Level 0.02375
🟢Target 1 0.02525
🟢Target 2 0.02700
🟢Target 3 0.02970
❌Stop loss 0.02222
#K_Level
REEF Perfect ENTRY for a LONG Position.Reef is looking very good for a LONG position right here.
REEF sits exactly at support level.
ENTRY: between 0.024-0.025
STOP LOSS: 0.02063
TAKE PROFIT: 0.05616
*NOT FINANCIAL ADVICE* *DO YOUR OWN RESEARCH*
ON THE WAYEVERYTHING IS OK.
It works exactly as I expected.
Contınue watching
THANKS FOR YOUR LIKE, COMMENT AND FOLLOWING.
REEF - preparing to startIf you like it, press your finger.
I expect prices:
- 0,55
- 0,68
- 0,72
- 0,9
REEF BUY IT NOW you know when it happens twice then its gone happen for the third time (look at the yellow highlight) , reef is going on a up trend channel and we should see the top again
" ALWAYS USE TP AND SL , THIS DOESN'T MEAN THAT YOU DONT TRUST YOURSELF "
REEF LONG ENTRYgaming slowly cooling off, maybe smartmoney will now move back to other coins. This looks like a buy.
Safe trading all
