REEF accumulation for a multiday breakout soon.REEF is bound for big reversal after boucing off a strong order block support at 0.0025 levels multiple times on weekly data.
It has created a significant higher lows on the weekly chart.
A strong accumulation has been spotted at this levels. A big price change on the upside is about to materialize soon.
SEEDED L at .00290
TAYOR.
REEF
REEF buy setupREEF has rejected after the heavy pump and is approaching the origin of the move.
The origin of movement is valuable to us. We are looking for buy positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
REEFUSDT Forms Strong Bullish Flag PatternREEFUSDT technical analysis update
REEF has formed a bullish flag pattern on the 1H chart, with the price moving toward the flag resistance for a potential breakout. Once the breakout occurs, we can expect a strong bullish move in REEF.
Buy after breakout confirmation on the 1H chart.
Regards
hexa
REEF/USDT: LONG SCALP SETUP!!Hey everyone!
If you're enjoying this analysis, a thumbs up and a follow would be greatly appreciated!
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 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 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.
Like, share, and follow for more.
Thanks
#reefusdt #cryptocurrency
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 Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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Now, let’s dive into this chart analysis:
REEF has rebounded 120% after hitting a new all-time low at $0.00058. This recent rally shows positive momentum, and REEF is currently facing resistance at the 35 EMA around $0.00121-$0.0013.
If REEF breaks and closes above this resistance, a rally toward the upper resistance trendline at around $0.0034 is likely. However, a rejection may result in the price dropping back to the support trendline.
Key Levels:
- Initial Resistance: $0.00121-$0.0013.
- Higher Resistance: $0.0034.
- Lower Support: $0.00058.
DYOR, NFA.
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#PEACE
REEF roadmapFrom where we put the red arrow on the chart, it seems that REEF correction has started.
This correction seems to be a large diametric that price has now entered wave E of this diametric.
It can continue to drop by maintaining the supply range.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Purchases against the background of an attempt to reverse the quThis week we are once again going through a period for a trend change, let's look at the market position. Let me remind you that the half-year opened above 60k, which will ensure the support of the market as we approach the end of the year and the hike to 50k is only a retest and a shadow on the quarterly and semi-annual candle, as I wrote in the last review. At the moment, we are approaching the middle of the quarter and there is a high probability of confident purchases for the reversal of the quarterly candle. Today and tomorrow, minimum prices will be formed where it makes sense to top up positions before the market turns.
In an optimistic scenario, the second half of the quarter will open above 2900 on the air, which will lead to maintaining the market at least in flat with a gradual increase in altos. Against the background of strong dollar growth, the probability of opening below 2750 remains, which will lead to new disruptions in September with the aim of testing 2100. However, the positive opening of the half-year for the cue ball will continue to contribute to payoffs from each loy. In case of a turnaround, a second attempt at a quarter reversal can be expected in the second half of September.
In order to squeeze the market, create the most profitable entry points and dump some of the crowd, binance conducted another delisting. Cvp and for were pleasantly pleased with the profit, after which they went into accumulation, but unlike them, there were many unprocessed goals for epx, so it can become a good example for an exit pump. As I go through the middle of the quarter on Wednesday and Thursday, I will gain positions on the exit pump.
After the delisting, the most interesting coins will remain vib oax pros ooki with a growth potential of up to 200%+. In addition to them, I hired vidt and og, which returned to the heavily oversold zone and have the same high goals. For scalping, you can also consider troy hard vite, which have less potential, but can show an increase of up to 50-70%.
I would like to draw your attention to the fact that the number of coins in circulation has increased significantly according to asr ooki and df, which reduces volatility and final goals. Asr has equaled the potential of such phantokens as atm juv acm and today has a growth potential of up to 50-70%. Among the fantokens, og has become the most interesting option due to its much greater liquidity and full issue, which makes it quite reliable for medium-term investments together with vib.
Df excluded from the work due to the extremely strong growth in the number of coins in circulation, there is a high probability of a fracture. According to ooki, the goals for growth have decreased, but they reach 200%+ from current levels.
Reef local swing tradeOnly if we will not see delisting! because reef long time period under monitoring tag
BINANCE:REEFUSDT
Possible Targets and explanation idea
➡️Local fib on daily, im waiting test green block "buy area"
➡️Sweep liquidity pool inside green block
➡️No money inflow on MP indicator
➡️Take Profit indicator I would like to see retest buy line
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REEF SPOT IDEEA🔍 Spot Signal for #REEF/USDT
Analysis:
📈 #REEF has consolidated over a long period. The timing is perfect to buy now. A bullish breakout is expected to start a rally up.
📊 Bullish Breakout: We anticipate a bullish breakout that could trigger a significant upward movement. It’s important to wait for confirmation of this breakout to avoid false signals.
🔄 Major Resistance: There are several resistance levels to watch as the price evolves.
🔑 Recommendations:
Entry: Given the prolonged consolidation and the current timing, it is recommended to buy REEF now.
Targets:
First target: $0.001550
Second target: $0.001800
Third target: $0.002400
Strategy: Monitor the breakout signals and adjust your positions as the price develops. Use analysis tools to make informed decisions and manage risk effectively.
REEF buy setupREEF structure looks bullish on hourly time frames.
We have a bullish iCH on the chart and the trigger line is broken.
By maintaining the demand, it can move towards the targets.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
REEF/USDT If break the resistance, indicating continue upward!💎 REEF has recently exhibited significant market dynamics, bouncing from a support area. However, before continuing its upward trajectory, REEF needs to break out of the local resistance area.
💎 A successful breakout could pave the way for a bullish move, probability leading REEF to retest the bearish order block (OB) area.
💎 On the other hand, if REEF fails to break above the resistance, there's a possibility of price rejection, prompting a test of the support around the $0.0027 area.
💎 The situation could worsen if REEF breaks below the support, leading to a retest of the demand area. Reclaiming the price above the support would signal a potential return to an upward trend.
💎 However, a breakdown below the strong support level would confirm a bearish trend, potentially resulting in further price declines.
REEF/USDT Indicating Bounce and continue upward movement.💎 REEF has recently exhibited significant market dynamics. Currently, it has bounced after retesting the demand area around $0.00316.
💎 If this bounce holds, it's probability that REEF will resume its upward movement and retest our target area.
💎 However, if REEF fails to maintain this support area and breaks down below $0.00316, it could signal a bearish trend continuation. In such a scenario, the next potential support area is around $0.0023.
💎 At the support area, it's crucial for REEF to bounce and reclaim the area above the demand zone to sustain its upward momentum. However, if REEF fails to do so and breaks down below the support, it could lead to further downward movement.
REEFUSDT.1DBased on the provided market data, the current price of the cryptocurrency REEF is $0.0041. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI for REEF over 4 hours, 1 day, and 7 days is 60.17, 82.82, and 77.84 respectively. An RSI value above 70 generally indicates overbought conditions, suggesting a possible sell opportunity, while a value below 30 indicates oversold conditions, suggesting a possible buy opportunity. The RSI values, especially for 1 day and 7 days, are quite high indicating overbought conditions.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. The MACD values for REEF over 4 hours, 1 day, and 7 days are 0.00033, 0.00054, and 0.00028 respectively. Positive MACD values indicate bullish conditions and the potential for a buy opportunity, which aligns with the current MACD values.
The Bollinger Bands (Bb) are a volatility indicator. The Bb values for REEF over 4 hours, 1 day, and 7 days are 0.0052, 0.0052, and 0.0053 respectively. The current price is below the Bb values, indicating bearish conditions.
The support levels are the price levels at which demand is thought to be strong enough to prevent the price from falling further. The resistance levels are the price levels at which selling is thought to be strong enough to prevent the price from rising further. The current price is closer to the first support level for 4 hours, 1 day, and 7 days, indicating bearish conditions.
In conclusion, the technical analysis indicates overbought conditions due to high RSI values, bullish conditions due to positive MACD values, and bearish conditions due to the current price being below Bb values and closer to the first support level. Therefore, it might be a good idea to wait for a better entry point before investing in REEF. However, this is purely based on the technical analysis and does not take into account any fundamental factors or potential news that could impact the price. It is always recommended to do your own research before making investment decisions.
#Altcoins are starting to move. Falling Wedge on #REEFKeep an eye for a potential breakout
There is always a chance for retest of the wedge
But first target would be the resistance at 0.00218 a good +50% move
REEF ANALYSIS (4H)It has consumed and cleared the resistance areas and has an ascending structure and substructure.
By maintaining the green range, it can move towards TP.
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
+68% Profit Potential with Descending Triangle Breakout---------------------------------------------------------------
Description
---------------------------------------------------------------
+ BINANCE:REEFUSDT is just broke out from the descending triangle pattern
+ Descending triangle pattern is bullish and we are seeing clear breakout
+ Our Profit Target is next Resistance around 0.002556
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VectorAlgo Trade Details
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Entry Price: 0.001513
Stop Loss: 0.001328
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Targets 1: 0.001651
Targets 2: 0.001822
Targets 3: 0.002117
Targets 4: 0.002556
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo