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Reef Finance / Tether USD

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REEFUSDT trade ideas

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. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
RLong
by Yuriy_Bishko
7
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
RLong
by chiheb_s
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
RLong
by goraxes_
2
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. 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. 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.
RLong
by tumbler55
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!
RLong
by CoreCrypto1