POSSIBLE ATH FOR REEF THIS MONTH OR NEXT!!REEF FINANCE NICE ACCUMULATION AND VERY POSSIBLE 0,05-0,06 THIS MONTH OR NEXT!! LONG $REEF
Reefusdt
REEF News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
REEF/USDT : Hold suggestion | Targeting 180% profit BINANCE:REEFUSDT
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REEF is moving into a DAVAS BOX; it's accumulating for 80 days up to now.
Also MACD is having a bullish crossover now;
And EMA 20 is controlling movement from below.
How ever MA 50 is now acting as a resistance but MACD will break it up !
I expect a continuation to BOX's upper resistance, Then we may see a rejection to retest MA50.
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@Helical_Trades
REEF looks great at the momentREEF is one of these coins that have yet to shine. With a market cap of only 500 mil, and a growth from an all time low of only 600%, REEF has the potential grow substantially. After being in a period of accumulation for approximately 2 months, I believe that REEF is finally ready to fly. I expect REEF to reach TP1 and TP2 relatively soon, with potential accumulation periods in between. However, please keep in mind that REEF's run hasn't been smooth sailing due to certain conflicts, so there is very little history to base any analysis on.
This is not financial advice.
Reef Finance (Reef)/USD A few weeks ago I did a segment on my show (links on profile page) about Reef Finance. This may be the perfect opportunity to get in on a low cap Defi coin like Reef. They have recently formed a strategic partnership with TRON (TRX), one of my favorite cryptocurrencies. Not only this, but they are powered by Polkadot, who has recently become a top 10 project. Reef provides Defi applications like staking, bonds, stablecoins, money markets, DEX's and liquidity bridges.
Analysis: Ever since being introduced to Binance, Reef token has failed to break out of the ascending triangle, heading through the downside. This is the perfect opportunity to go long on Reef. Not many Defi tokens under 3 cents worth investing in. Reef might be a great opportunity especially with so many integrations including Avalanche, Cosmos, Binance Smart Chain, and Ethereum.
Hidden Bullish Divergence: Reef is showing a hidden bullish divergence as the RSI has found a lower low after the breakdown of the ascending triangle. The price however is showing a higher low. Matter of fact, the RSI is the lowest its been since being listed on Binance. There could be a little more downside but not for long. In my opinion this is a great opportunity to get some Reef. Just my opinion.
REEF UpdateHere's a quick update on REEF 4 hr chart. As we can see, there's a bigger double bottom forming. Also the price has been oscillating in a bigger symmetrical triangle for some time now. If the triangle breaks then we will probably see new ATH! - Keep an eye on REEF!
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REEFUSDT 1D-TIMEFRAME ANALYSIS💜REEFUSDT 1D-TIMEFRAME ANALYSIS👀
Hello ladies and gentlemen
This is my new idea for 💜REEF FINANCE👀 REEFUSDT
I expect the price to move higher...
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DivergenceIn case of reacting to divergence and breaking the short-term downtrend line, it can have three set goals ahead and also if it crosses these three goals, it can also touch the upcoming ceiling.
Also, if the said scenario is not implemented, the specified support area can be a suitable support area.
It should be noted that the analyzed currency has a lot of fundamental and positive news that it is trying to implement its introduced projects.
Can Reef break the heavy resistance or are we going lower?!If you in a position with Reef or wanting to buy, worth looking at the big picture.