REEF - is it a good time to buy ❓🤔Many people have asked to analyze the REEF coin.
On the chart, you can see a big value area. The price has tried several times to break through the lower boundary of this area, but so far without success.
There are two scenarios at the moment:
- Either the price will return to the resistance level, squeeze and then break the resistance level.
- Or the price will break below $0.025, collect liquidity and then break through resistance.
In both scenarios, this is a good buying opportunity after breaking through or retesting this level as support.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
REEFUSDT trade ideas
Brainless Long.Yep the most brainless long, Great project has all the right partners/associates and is going to be part of the defi bandwagon, Would be shocked if this does not moon in the coming months.
Reef Finance , Reef USDT (D)Hey guys
Wanted share bout reef tho
Just look at the calendar what expects us on december 31. 2 main events . Reef debit card - and Steam ecosystem (Just read bout this)
So we have main support level which i think is unbeatable - 0.022-0.023 ( Even if btc goes to 50 k )
If you want buy it now u can do it . I personally will wait for some small discount but current price also not that expens.
REEF/USDT LONGPredict price to pullback to 0.02200-0.02400 key level before continuing bullish. Price has already breakout from Daily trendline waiting to retrace at nearest key level. Just sharing, please prioritize your own analysis.
REEF/USDT is it going up ? evrything is explained on the chart :)
1/ the volume compared to candels size show the presence of smart money right on the breakout, then a quick retest with a low volume.
2/ a new up trend is confirmed ( higher high lower low ).
3/ the pair went through an accumulation phase without showing a sign of strength, wish mean that the pair is going back to the accumulation phase levels. ( expect and explosion if it brerak the 0.0565 )
Take profit : just above the next resistance wish is weak for that raison i fixed a 2nd tp right above the highest resistance. new trade expected after the breakout of that resistance.
Stop loss : just above the last support / to take more risks you can out it above the last Low at 0.0159
Good Luck
REEFUSDT is creating a pennantREEFUSDT is creating a pennant below the weekly resistance.
IF the price is going to have a breakout, 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.
ReefReef has pumped lately took a break and became super low volatility there is some room to go for this coin to form a second relative high to go absolute mental in the real alt season
REEFUSDT- D during the uptrend zone - X5!!!!Buy at 0.018, buy more if break 0.036.
Hodl to target at 0.055 and 0.1
X5!!!!
Reef - Your NEXT 10X AssetHi Folks,
A Reef analysis for you. Requested by fellow trader @tview313.
Reef is a DeFi platform, built-on Polkadot, providing a more efficient alternative to ETH and offering broad integration with other protocols.
The Fractal is showing potential price action, while the Fibonacci levels give you and idea on potential targets to keep an eye on.
The first step is breaking the long time resistance 0.05 level. Above that there are clear skies ahead.
Cheers,
Goraxes
REEFUSDT SETUPHELLO Friends,
Welcome to our new chart REEFUSDT 4hr chart.
As we see in the chart, the cup and handle pattern has been formed.
Which has been retested by breaking 20DMA.
reef reefusd reef neowave analysis
reef neowave analysis
reef neowave analysis
maybe this scenario will be happen
REEF/USDT SHORT TRADE SETUPEntering REEF/USDT Short at $0.03304 to $0.03387
Stop Loss: $0.03513
Target: 8% to 10%.
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
REEF/USDT Massive price appreciation blasting through resistanceIntro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and and the 0.025$ resistance was ignored even attacking the 0.03$ resistance.
- Volume shows a price spike together with price appreciation. Often times this is followed by a second round of prices spikes so we are watching closely.
- RSI analysis shows that we broke above the yellow resistance line and even shortly touched the 80 line but got rejected which is a good thing. Moving too fast only increases the risk of a sharp pullback.
- Support lines are at (0.025$?), 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well.
- Resistance lines are at 0.05$. Clear sky lies behind.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. So far October gave us everything we hoped for and after a short consolidation we can expect to go even higher.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- We expect some consolidation around 0.03$ before we get through and a struggle around 0.05$.
- End of the year prediction: We will see a 0.3$+ REEF before the end of 2021.
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.
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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.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Reef setup about to Explodehead and shoulders powerful pattern hast detect on reef finance my opinion is price will create higher high if break left sholuder
KEEP IT SUPER SIMPLEThis is my thoughts on reef
Greetings . Hope you are fine
I analyze Reef coin And found these confluences
I hope it will be easy to understand
because i have marked everything on the chart
Here are two confluences.
1) is the bearish bat pattern formation
2) and 2nd is the Elliott waves
3) it has strong fundamentals
Currently we are in wave third
So it has more chances of going towards ATH
ALWAYS DYOR
REGARDS AZIZ
Reef usdt hidden gem Reef usdt gave 70% profit on my call . now reef is rejected from resistance .
1st 70% entry ; 0.026$ to 0.03$
2nd 30% entry :0.022$ to 0.026$
Duration; 2 to 8 week;
Sell target: 0.043 and 0.05$
REEF/USDT TRADE SETUP! Hello everyone, Welcome to this altcoin trade setup. If you didn't follow me yet then do follow me now for the latest updates of the market and profitable altcoins setups.
Now let's get to the chart. REEF is looking good here. Already broke out from the cup and handle pattern. Buy some here and add more in the dips. Also REEf debit card and ecosystem launch in last quarter of this year so it's worth buying here.
Entry range:- $0.19-0.2
Target1:- $0.2476
Target2:- $0.2986
Target3:- $0.3482
Target4:- $0.49(Long term target)
SL:- $0.176
Buy on spot or you can buy with low leverage (2x-4x).
If you like this idea then hit the like button and also share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you!
