insane reef potential Succesful trading is always an emotianal battle for the speculator, not an intelligent battle. He knew that his biggest enemy was his own emotions.
REEFUSDT trade ideas
Reef - UpdateThis is how I see reef now. Depends what BTC will do, but I hope we will see some healthy correction and then push up again. Everything under .022c is bearish and nasty in my opinion for reef. If we will see huge correction on BTC we can might be even back to 0.015-0.01c. Im traiding safely. I bought at 0.015 almost 500k reefs so Im in 100% plus profit. Anyway the project is strong so for sure I will invest even more money. This is not traiding advice.
REEF COIN ! Secret Gem Reef coin slowly heating up and getting ready for massive rally! Price action staying above exponential moving average EMA 20/50/100 and just under Ema200 on the daily chart. Bollinger bands is currently narrowing down opening up more space for next action. Still not late to get in on an action on this coin. Once we break $0.03 usd , $0.04 will be the next target. Ultimately $0.08-$0.09 is my mid-long term targets. RSI(14) sitting strong at 57 points which could indicate start of another rally. If we can stay above ema200 for a little while, GOLDEN Cross may happen and trigger the fun times.
Soon Reef credit card is coming up and recently they lunched their main-net which allows people to stake their coins. Which could also mean less coins in circulation( Cardano did exactly the same last year then they grow 20x . Reef coin giving me similar vibe)
REEF- Our Weekend Trade 🤲Best of all worlds (REEF Official website)
Reef chain integrates the best aspects from most commonly used blockchains while maintaining full smart contract compatibility. reef.finance
Introducing Reef chain
Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining. It is built with Polkadot Substrate and comes with on-chain governance.
News:
The Decentralized Finance (DeFi) blockchain, Reef Finance, has built an alliance with the Bitcoin blockchain Jax.Network. The teaming up of these two eminent blockchain networks will offer clients a reliant, profitable, and decentralized blockchain conformity system. This association with the Jax.Network will further strengthen the ever-evolving Reef Chain market realm.
The consolidation of Jax.Network into Reef Finance’s network system is a mining transaction on the Bitcoin blockchain that follows Satoshi’s business concept for an automated funds operative. For the purpose of warranting a secure blockchain token system for periodic cash exchanges and investments, the JaxNet mandate’s homegrown stablecoin and crypto token, ‘JAX’, will help advance this financial ordeal.
Let's see if the Reef can fly from the ocean,
the FXPROFESSOR
REEF makes a new local top Reef has broke this local resistance now
Can prepare for a jump
Fingers Crossed
Ascending channel on REEF REEF is carefully riding this ascending channel to the top. I remain bullish on this. Reef may ride the channel until the $0.03 resistance and break through the resistance and the ascending channel then pump massively to $0.05. I’m holding my long position which I started at the entry point on the chart. I had taken profit earlier at $0.026 and took a position again at a small retrace to $0.023. I’ve also adjusted my stop and I’m riding this full wave.
SR FLIP REEFSimple line on the Macro view HTF SR FLIP. stop loss slight below entry. parachain auctions on dot occcuring soon. Time for reef to flip. simple macro play.
REEF/USDTreef have 2 variants
first - this triangle will broke 0.2675, retest and go 0.03416 zone
second variant is broke this bottom trend line, fall to 0.02161 then explode to 0.03416....
take a look carefully....
REEF USDTMy idea about REEF.
what do you think about my idea? Long time RED or GREEN? :)
Thanks for the comments.
reef will be 0,036Reef will touch first resistance 0,028 and retest the 0,025 and reef will be 0,036
$REEFREEF reclaimed 0.25 fib and WO.
Aiming at 0.5 now. Stoch RSI crossing up.
Same as most alts once again.
REEFUSDTA breaking point for reef. We need to break the resistance and retest the broken resistance as support otherwise ….
REEF/USDT Update: Moving within rising channelIntro:
- 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.
- It takes some time to create such ideas and drawings.
You are welcome to pay me back with a comment that states you opinion and maybe leads to further improvements considering my charts and explanations.
Daily chart:
- REEF continuous its recovery and trades within a rising wedge drawn using purple lines.
- The overall volume stays increased and it is likely to see more upwards movement here once we go for higher price targets.
- On the RSI side we got a rejection from the 80 line and are within a very shortterm downtrend most likely towards the 50 line where we expect support.
- We see a golden cross indicated by the yellow camera and a deathcross indicated by the cyan camera.
- The golden cross between the 20 and 50 MA can be seen as sign for a trend reversal while also most other signals tell us the same like price and volume.
- Currently we sit above the new support around 0.22
Expectations:
- Assuming the trend reversal keeps in play and we get some kind of mirror image we expect REEF to touch 0.5 again before the end of 2021.
- Often times price consolidates above a support line which has been passed shortly before we see a bigger pump as separation from the support line.
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.
Boxes:
- Either entry zone or support zone . Check the description.
REEF - short it if you needIf BTC drops to 44000, I will be buying more reef here. For me 50000$ BTC was a little bit fake out. Something is telling me we will see another drop then maybe bounce back. We went to 50000$ too fast.
$REEF long 5X new support area $0.0231
breaks almost the resistance $0.0256, i retest more and it's rally for $REEF
targets short term $0.04 / $0.05
REEFUSDT Bearish ConfirmationREEF has created a strong resistance on Fibonacci 0.5 (0.024260)
Short entry should be any price higher than 0.024260
REEFUSDT AnalysisREEFUSDT has hit its major resistance at 0.02524 (Fib 2.618)
Fib 0.382 must be retested.
Buying Range: 0.013 - 0.014
REEFUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. as you see. In case of breaking the resistance line and stabilizing above the line, we can enter the trade for the above goal. But if it can not break the resistance line ahead, we consider the fall.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 REEF Long-Term TargetREEF has seen decent gains since late July, which is in line with the rest of the market.
Assuming that Bitcoin will remain relatively bullish in the coming weeks, I see REEF reaching the $0.055 resistance within the next two months.
Happy trading!
