REEF/USDT: LONG SCALP SETUP!!Hey everyone!
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REEF looks good here. Breaks out from the bull flag like structure and currently, retesting the flag. Long some here and add more in the dip.
Entry range:- $0.0051-$0.0053
Targets:- $0.0058/$0.0064/$0.0069/$0.0073
SL:- $0.00482
Lev:- 5x
What are your thoughts on REEF's current price action? Do you see a bullish pattern developing? Share your analysis in the comments below!
REEFUSDT trade ideas
REEFUSDT is looking super BullishBINANCE:REEFUSDT.P is looking super bullish on the higher time-frames! 🚀
Possible targets; 0.00754-0.009594
Trade what you see not what you Think.
This is not financial advice!
REEFUSDT Breaking Through Key Resistance! Major Rally Incoming!!A solid upward trend has emerged as REEF/USDT consolidates above resistance. The breakout pattern signals potential gains as bulls target the next resistance at 0.0123. Are you ready to ride this wave?
REEFUSDT Currently trading at $0.0059
Buy level: Above $0.0055
Stop loss: Below $0.0045
TP1: $0.0065
TP2: $0.0085
TP3: $0.01
TP4: $0.012
Max Leverage 3x
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REEF Short Scalp 15minsREEF Short Scalp 15mins, we can see series of higher lows forming a pattern M in 15 mins time frame, time to short and position for long later.
REEFUSDT LONG IDEAHi all, reef now on the verge of great supply of its ascending structure. also his RSI suitable for 1 more higher high. so we can try long set up here.
entry : 0.004456
stop : 0.003984
target : 0.00700 area
REEFREEF might still have more than 80 percent potential to grow.
It is just a speculation. Always be careful about saving your profit.
Buy Trade Idea for REEFDescription
REEF (Reef Finance) is gaining attention as a DeFi-focused blockchain designed to make decentralized finance easier, more accessible, and more efficient. Here are the key fundamentals supporting a buy trade for REEF:
- **DeFi Integration:** REEF offers a comprehensive platform for decentralized finance applications, providing liquidity, yield farming, and staking opportunities. Its ecosystem is built to streamline access to DeFi projects, making it easier for users to participate in decentralized financial services.
- **Cross-Chain Compatibility:** One of REEF's standout features is its compatibility with multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. This cross-chain support enhances the platform’s versatility and helps foster a more connected DeFi ecosystem.
- **Scalability and Low Fees:** By leveraging advanced technology, REEF aims to provide a scalable infrastructure with lower transaction costs compared to other DeFi platforms. This makes it an attractive option for developers and users alike.
- **Growing Ecosystem:** REEF’s expanding ecosystem, supported by partnerships and collaborations, positions it well for long-term growth as more decentralized applications (dApps) and financial products are built on the platform.
Given these strong fundamentals, REEF presents a compelling buy opportunity for investors looking to take advantage of its unique position in the DeFi space and its future growth potential.
Disclaimer
Trading and investing in cryptocurrencies involve significant risks and can result in substantial losses. The information provided here is for informational purposes only and should not be considered financial advice. Cryptocurrencies are highly volatile, and their value can fluctuate due to market conditions. Always conduct thorough research, assess your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.
REEF NEW HIGH OR BOUNCEPrice Action Analysis
• If the price remains above the Level 1 control point at 0.004318, we could expect new highs, potentially reaching 0.0072.
• However, if the price loses the Level 1 control point, we may observe a bounce, depending on the strength of buying pressure, at 0.0030. In the case of extreme market stress, a worst-case scenario could see prices drop to 0.0011.
Key Takeaways:
• Monitor these levels closely to avoid entering a non-profitable range that may lead to losses.
• Price between moving averages is typically not profitable, except for grid trading bots, which may benefit from such conditions.
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional. Once again, these are solely my analyses and should not be taken as guarantees of success. The financial market is volatile, and there are always risks involved. Always be prepared and conduct your own analyses before making any investment decisions.
REEFUSDT SHORT IDEAhello every one. for reef 0.005-0.006 is liquidity zone. also 4h and daily rsi ise on the overbought zone. so we can try short setup
entry : 0.0053
stop : 0.006
target : 0.0029 zone
Reef Price Analysis: Critical Levels to Watch!According to the chart, Reef is currently challenging a critical resistance level at the $0.0054 area. Should Reef successfully break through and sustain its position above this level, we anticipate a potential move towards the next resistance zones.
By analyzing Reef's daily time frame chart, we can identify key support and resistance levels that are likely to influence the price movements of this cryptocurrency. These significant levels include:
Short-term support level at $0.0036
Major support and demand zone around the $0.0024 range
Current resistance and supply zone at $0.0054 (where the price is currently engaged)
Next target and resistance range positioned at $0.0074
These levels are crucial for understanding Reef's potential price action in the near future.
#REEF: An Impressive 300% Rally in Just 15 Days!#REEF Price Update and Analysis in a 3-Day Timeframe
REEF has made a massive rally of 314% since our previous post. In our earlier analysis, we highlighted the key resistance level between $0.00121 and $0.0013 that REEF needed to break for further upside. It swiftly broke above this level and made a parabolic move, gaining 3x in value.
Currently, the price has broken above and closed above the resistance trendline. If it manages to stay above this level, we could see further rallies.
For now, we've achieved the target we aimed for.
Cheers to all.
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Thanks
#reefusdt #cryptocurrency
A Fresh Perspective on #REEFUSDT AnalysisThe coin is currently in a rally phase, but it's approaching key resistance zones that could slow down its momentum. The chart is starting to show signs of deceleration.
Ahead are significant resistance levels that could potentially halt the rally. If the bears manage to keep the price below 0.00456, we might see a reversal and a downward move.
However, if the buyers push through, attention will shift to the 0.00535 level with the focus on a "False Breakout" strategy.
ve trend coin reef v2Reef Finance is a decentralized finance (DeFi) platform designed to simplify access to DeFi services across various blockchains. It operates on its own blockchain, the Reef Chain, which is built on Substrate (the framework behind Polkadot). The goal of Reef Finance is to provide users with a seamless experience in managing and interacting with various DeFi applications, all while overcoming the challenges of fragmentation and high transaction fees that are common in the DeFi space.
ve trend coin reef v2
ve trend coin reefve trend coin reef
Reef Finance is a decentralized finance (DeFi) platform designed to simplify access to DeFi services across various blockchains. It operates on its own blockchain, the Reef Chain, which is built on Substrate (the framework behind Polkadot). The goal of Reef Finance is to provide users with a seamless experience in managing and interacting with various DeFi applications, all while overcoming the challenges of fragmentation and high transaction fees that are common in the DeFi space.
REEF long Touched the orderblock right under SMA 13 after making another Higher High. Which could suggest that this will be the Higher low before we have a break of structure to the upside. I suggest you take partials on the way to the final TP. Also funding rate on binance is -0.46%
Reef head and shoulders formation Reef needs to invalidate this head and shoulders to continue bullish momentum, otherwise it may be on sale again.
REEFUSDT(REEF) Updated till 10-09-24REEFUSDT(REEF) Daily timeframe range. massive retrace from its local low. already broke through several levels clean. it got a packed daily candle now and not far away from 0.002422. if the volume stays it can go further. local support point at 0.001362.
REEF: Uptrend with CautionMomentum Peaks as Price Tests Key Resistance at $0.00218
REEF is currently trading at $0.00203, following a strong rally that pushed prices toward the upper Bollinger Band at $0.00218, a key resistance level. This rapid ascent has led to overbought signals, with both RSI at 74.53 and Stochastic %K at 78.81, indicating caution ahead as we might see a pullback or consolidation.
Bollinger Bands Indicate Potential Retracement
The price is currently riding the upper band ($0.00218), showing that it's in an overbought region. The lower band at $0.00141 and the basis at $0.00179 serve as potential downside targets in case of a correction.
MACD Still Bullish, but Watch for Reversal
The MACD is holding slightly positive with a histogram of 0.000023, suggesting the uptrend might still have fuel left, but with momentum tapering, it may lose strength soon.
Support and Resistance Levels
Resistance: $0.00218 (Upper BB)
Support: $0.00179 (BB Basis) and $0.00141 (Lower BB)
On-Balance Volume (OBV) Strong
The OBV of 1.42B shows strong buying interest, confirming that the current uptrend is supported by volume. This may help limit any potential dips.
Short-Term Outlook REEF is in overbought territory, and while momentum is still bullish, expect some volatility near the $0.00218 resistance level. A rejection here could lead to a pullback toward $0.00179, so traders should watch for confirmation of a breakout or signs of exhaustion.
Tighten stop-losses and monitor volume carefully. A sustained break above $0.00218 could signal the next leg higher, while a failure to hold current levels might trigger a pullback.
REEF SHORT IDEAhi all. former position closed with %260 profit without stop. now ill try new position.
entry: 0.00230
stop : 0.002545
targer : at least %300 profit with 26x leverage
REEFUSDT SHORT IDEAhi all, as you se on chart, reef broke the resistance. but still there is some key levels to handle. one of them is 0.0017. so i setup short position by considering this,
entry : 0.00170
stop : 0.00185
target : with 75x leverage at least %1000 profit.
i will trade impulsive pull back from the resistance.
REEF using 4 hour time frameREEF is lookin good so just wait the structure to shape like that.
looking for buying if there is good candle confirmation around the 0.001088 - 0.001180, set stop loss to 0.001060, target to 0.00140 - 0.001539
REEFUSDT: breaking out of long parallel channel!!Join our community and start your crypto journey today for:
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Hello everyone,
Let's analyse REEFUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Reef is a high-performance blockchain platform designed for decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming. Built on Substrate, it offers:
High scalability: Enables fast and affordable transactions.
Compatibility: Supports Solidity and EVM, allowing for easy migration of Ethereum-based applications.
The native REEF token is used for:
Transaction fees: Paying for network services.
Staking: Participating in network validation and earning rewards.
Governance: Voting on network decisions.
TECHNICAL ANALYSIS:
REEFUSDT is showing signs of a potential breakout from a long-term parallel channel. The price is supported by strong moving averages, and a surge in trading volume suggests growing interest.
Buying Levels:
$0.0008869 to $0.0011235
Target Levels (Short term):
$0.0016386
$0.0024171
$0.0044076
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