REEF Will soon see a bigger move! Here's a quick update on REEF 4 hr chart. as we can see, the price still hasn't moved so much. Soon we will see a bigger move - Maybe a revisit to previous ATH! Keep an eye on this one!
Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 0.044$
2. 0.0465$
3. 0.055$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
REEF
Eminent decision in the next 8 hoursWe are hopefully breaking the 60k in the next days, but for me that triangle will led us to better decisions.
Just a heads up guys, let me know what you think
Strong rumors suggest that Walmart bought $1B in BTC.If this became confirmed, the game will reach a new huge level.
You can see more info at this video: www.youtube.com
REEF short term targetlooks like a symmetrical triangle in an uptrend.
let me now what you think in the comments
$REEF Is readyLoving the look of REEF here sat on a very key support and retesting its breakout. Expecting an explosion on this one soon...
Steady as she goes, holders will prevale.LINK is always tricking us an opening space for new buyers, don´t expect huge pumps, but an steady upside movement.
LINK, ADA, UNI and DOT are cryptos for strong holders, and those that understand fundamentals.
REEF - Buckle Up!REEF is overall bullish, trading inside our blue channel. and since it is currently sitting around the lower blue trendline, we will be looking for trend-following buy setups.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
Our upper red trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, REEF would be overall bearish (from a short-term perspective) and can still trade lower.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔥 REEF Triangle Break Out On The HorizonAfter seeing some weeks of poor performance, REEF is currently on the verge of breaking out of a major triangle, potentially starting a new bullish push upward after breaking out.
I'd advise waiting for the triangle to break before going long.
Happy trading!
Reef's trend has been favourable.Looking again at Reef since it entered the existing rising/symmetrical triangle on Feb 28th. Now with redrawn support line since market correction on 5th April. The previous support line is the dotted red line. Both lines fit well.
Since entering the triangle, Reef has been above the 20MA for 25 of the 40 days, performed slightly better than BTC, and is up approx 40%.
At the moment it needs to break above the 20MA and previous support line, which is now acting as resistance.
If price moves out of the top of the triangle, it will need to move though $0.04 and probably $0.046 to really be clear of all previous resistance. Measurements suggest a target of 0.06 might be possible if/when this happens.
Although price is currently moving up to test the dotted red previous support line, volume is weak and will need to be as strong as on previous break outs - see Feb 11th and March 12th. Note that this built progressively over a few days.
REEFUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has corrected well and is close to its support line. We think that after touching the support line, it can jump upwards again, but if it can not support this line, it is more likely to fall, which is less likely.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
REEF is being very combative in front of BTC dipsThis is a good signal about how the alt season is taking effect in our project, also being an indicator of how stronger are the REEF investors.
$REEF Long & StrongREEF bounced off strong support and has been trading sideways. The falling wedge pattern completes soon and as we all know falling wedges are bullish. It has yet to break out to reach its all time high of $0.30 and higher.
We are excited about their Q2 Roadmap as well as watching them continue to grow with others such as Cosmos, Polkadot etc.
REEF Roadmap;
www.notion.so
Reef UpdateHere's a quick look at Reef 4 hr chart. as we can see the price action has been oscillating in a bigger symmetrical triangle for a while now and we might see a break soon.
Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 0.044$
2. 0.0465$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Reef to 3x from hereReef is forming an ascending channel, hence creating a long opportunity.
Keep a stop loss right below the support line.
REEF DEFI will follow Polkadot since it sits on its network! It is not or never for REEF! It is an extremely at a good price currently and it will an explosive move once the whales start accumulating their main coins of it!
