REEF
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.
REEFBUSD D ChartReef with its low price offering good % income or vice versa...Needs some social media support!
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!
REEF LONGNot Financial Advice! Reef has a lot of good news and a good community around, we've seen a big increase in volume in the last week. Reef next target is 0.034 where is a big resistance at the moment. Risk of this trade is 3%-8% and possible earnings over 50%. Keep an eye on BTC this weekend. Peace!
REEF / BTC Bullish scenarioREEF is in a descending channel and in accumulation phase for 8 months now, sooner or later we will see a rise in price. Reef Community is strong and we see that in the last week Reef volume is increasing fast, something is about to happen soon (Keep an eye on BTC this week). If BTC continue the bull run we can expect Reef to perform well
REEF/USDT Chart AnalysisReef/Usdt looking hard bullish, and it's not pumped yet so buy now and hold tight, Thanks me later.
REEFUSDT Technical Analysis
REEFUSDT has broken above a significant resistance. After retest and several rejections, it might go lower to retest the Pullback zone before it goes up.
⬆️Buy now or Buy at 0.022295
⭕️SL @ 0.020153
✅TP1 @ 0.026055
✅TP2 @ 0.026841
✅TP3 @ 0.028000
✅TP4 @ 0.029000
✅TP5 @ 0.030000
✅TP6 @ 0.033000
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Have a Profitable Day
#REEF/BTC broke out Inverse H&S. 40%+ Potential Rally!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
The bitcoin dominance is falling as per my chart and I believe alts will do good within the last quarter of this year.
September could be the best month to accumulate altcoins in BTC pair.
This is why I am posting altcoins this time so that you will be aware of the best alts to accumulate with less risk.
REEF has some exciting fundamentals in the last quarter.
Technically it broke out of the Inverse H&S Pattern with good volume.
Better start accumulating at the CMP and add more in the dips.
Entry :
43 sats to 50 sats
Target:-
57
63
69
74
83
If you want to hold it till the end of this year that would also be a good idea until we see any changes in the market. You can expect 2x to 3x profit.
If that occurs I'll update you all so nothing to worry about here.
Not providing any SL here.
Buy every dip if possible.
#DYOR before investing.
What's your thought on this?
Do share your views and do not forget to hit the like button.
Thank you
#PEACE
REEF IS ABOUT TO GAIN MOMENTUMMACD is about to avoid exhibiting a sell signal. In fact, what MACD is exhibiting is quite bullish: a divergent pattern in the positive zone. After a consolidation phase that has lasted for nearly 3 months, REEF is on the brink of an explosion with the help of a bowl-shaped formation at the bottom. My alert is set for 0.3172, and as soon as a breakout takes place, I will wait for a retest to get into the trade. EMAs are perfectly aligned, and I expect a golden cross between EMA50 (Black) & EMA100 (Purple).
REEF/USDT 1D - Bullish Cross + Cup and handle pattern formedNot Financial Advise, just my opinion;
- Buy half if it breaks the top of the cup and handle,
- Buy 2nd Half if it breaks the 0.5
Price Target and Stop loss shown on chart.
GL if you follow.
Watch out for REEF - Bigger move coiming !Here's a quick look at REEF 12 hr chart. As we can see, the price has formed a rounded bottom pattern and if the price breaks above the breakout level then the pattern will get confirmed. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume .
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The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 0.029$
2. 0.0319$
- Profits can also be taken in the resistance zone .
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Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
REEF USDT LONG SET UPif it breaks the trend properly , I will be in $REEF with a big amount and follow the next resistances as target and unloading my portfolio gradually .
REEF/USDT - Potential 160%+ setupHello, Traders!
The price of REEF has tested the resistance level of $0.023600 from which the downfall started in June.
MA100 is in support on the daily timeframe, RSI is in the bullish zone.
The volume and cluster analysis shows an increase in the number of purchases. Large purchases can be found in the range of $0.0138 - $0.0154.
Entry into the asset can be looked for in the range of $0.0172 - $0.0192. One more part of a position should be gained in case of a deep correction of the current growth, in the range of $0.0145 - $0.0163.
Stop-loss should be placed under the price level of $0.0122
Ranges for profit fixing:
$0,0343 - $0,0370
$0,0429 - $0,0454
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
0.20 cents Reef by DEC 2021Reef has s many events coming up and it is going to give a huge push to REEF price. This must be in the portfolio.
We will see a breakout soon!Here's a quick look at REEF 12 hr chart. As we can see, the price has formed a rounded bottom pattern and if the price breaks above the breakout level then the pattern will get confirmed. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 0.029$
2. 0.0319$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
REEF/USDT hit all Target and 65% profit & ready for another 50%?#REEF/USDT TA Update:-
$REEF currently trading at $0.0210
And went upto $0.0239
Almost hit our both Targets and Profit is 65%
Hope all you happy.
Now..?
Now Trading around $0.0210 and trading above strong support.
Because Resistance because strong support.
So Above $0.02 is good and Bullish.
If hold $0.02 price then Next Stop will be $0.03
Almost 50% from here.
Level for watch:-
Support:- $0.02/$0.0165
Resistance:- $0.0242/$0.03
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Thank you.
40% profit in 3 days 🤯This reef analysis that I shared on Aug 6 and reached the target on Aug 9, be sure to follow me to see more analysis. 🤑🤩
REEF - Target 117% Profit This Month (1D)REEF - Target 117% Profit (This Month)
REEF - Target 117% Profit (This Month)
REEF - Target 117% Profit (This Month)
REEF - Target 117% Profit (This Month)
REEF - Target 117% Profit (This Month)
REEF/USDT hit our first Target and still potential from here#REEF/USDT profit update:-
$REER currently trading at $0.0205 and went upto $0.0216
First Target has been achieved.
Now Resistance Because support.
If hold this support $0.02 then we can see $0.0242
Support:- $0.02/$0.0164
Resistance:1 $0.0242/$0.03
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
🚀Reef - top coin that can skyrocket 🚀The reef has corrected 80% from its spring high. At the $0.011 level, Reef found its support. Broke through the global trend line. Tested as support. Price broke the downward structure. The reef is now in accumulation and squeezing up to the upper limit of accumulation.
The picture looks very good, the best buying opportunity will be at breakdown or retest of the accumulation. The movement target is the zone noted above!
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
