Reefusdt
REEF/USDT Make 15% Profit easily in Upcoming DaysIf everything goes according to our plan REEF/USDT is ready to bang in upcoming days.
In past time I did short term analysis of it and we are in good position to make as much as maximum profit we can get.(Find related links below)
And in short term I am strongly bullish on Reef Finance.
Spot Trade Setup
Buy REEF/USDT at CMP - $0.020
Upcoming days target - $0.023
Short term target - $0.030
Comment your thoughts. And #DYOR before investing.
CHEERS!
REEF/USDT Downtrend breakout. How high can we go from here?Intro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and we now head upwards to the next resistance lines.
- Volume is on a steady decline since Mai and rather low for a breakout. This means currently there is not much resistance from sellers.
- RSI analysis shows that we are very close to a breakout above the yellow and orange line. On the RSI side we did not get a confirmation for a trend reversal.
- Support lines are at 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well.
- Resistance lines are at 0.025$, 0.03$ and 0.05$.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. So far we did see a great start and are looking forward to smash the last three resistance lines before price discovery .
- Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- We expect some consolidation around 0.025$ before we get through and a struggle around 0.05$.
- End of the year prediction: We will see a 0.3$+ REEF before the end of 2021.
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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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
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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.
Specials:
- Boxes represent either entry zone or support zone . Check the description.
- Cameras represent MA crossings. Yellow camera stands for a golden cross while the cyan camera stands for a death cross.
Reef Usdt Price ChartREEFUSDT 4Hrs Price Chart
Buy/Long
==> Local Support and Major Support area
Sell/Short
==> Local Resistance and Major Resistance
REEF/USDT ANALYSIS 50% UPSIDE COMINGReef/usdt breaks the trendline resistance
Holding - short term
CMP - $0.01956
Target - $0.03 ( 50% profit easily)
REEF - is it a good time to buy ❓🤔REEF has broken the trend line and is now testing it as support. In addition, we see that volume has appeared at the bottom, which is also a good signal for growth. From a technical analysis point of view, now is a good buying opportunity. But it is quite possible that this is a trap, be careful.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Reefusdt - the best time to buy1) Reefusdt has a good potentiel to go very bullish.
2) The trigger is to wait for the best time to buy.
3) Good news coming on october.
4) Big support at 0.0145 and at 0.0125.
5) Wait for it...patience is the key.
REEF/USDTREEF hasnt taken off yet, and its running out of room.
Look for a break out of the falling wedge.
if BTC cooperates look for a continuation and a break out of the rounding bottom, cup N' handle pattern.
Falling wedge target around 0.02650
Cup N' handle target around 0.04680
Scale in.
Scale out.
Regards.
SHORT AND LONGThere is a pattern in the crypto world that is likely to create SO We have a short correction and then climb
REEF/USDT 150% Potential Hold till DecemberAs per our Reef/usdt analysis on 19 September reef is trading at our support zone.
You can accumulate it within our support zone. And wait for the 💸UP move.
Target : $0.03 - $0.05
REEF - Update 20.09.2021Well take a look on my daily chart. From my perspective I think we will see more blood. I think the pullback to 0.015$ is very very possible at the moment. BTC is weak right now around 45K. If there will be drop to 40K all ALTS will fall more then 20-30%. We are below support zone on REEF and the fall will make panic selling again. There will be again great opportunity to buy cheap REEF. I think there might be a little up now till 0.0225$ and then again drop. Market is very risky right now. I allready have taken profit at 0.0295$ and 0.0264$. If there will be some crazy news on REEF it might rise, but who knows. Im expecting two more weeks of blood. Thank you!
Sooner or later..Reefdefi is one of the solid projects in the market and remained undervalued. Good news are scheduled in the late September and October and lots of improvements has been made those we have yet to seen in price action. I’m very excited for what’s coming.
Expecting the price rise into the trading channel again and after consolidation inside the channel for few days I’m expecting a rally based on FA. I’m not chasing targets for this one and neither setting a SL. Risking an amount I can lose, I want to see how high it can go.
Not a financial advice
REEF will break out very soon! Keep an eye on it!Here's a quick look at REEF 2 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. The price is very close to breaking out and definitely one to keep an eye on.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
- Profits can be taken in the resistance zone .
1. 0.026$
2. 0.0276$
3. 0.0295$
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
REEF/USDT Target up by 150% expecting a huge profitReef/usdt technical analysis. i am expecting a huge 150% profit in short term
holding period - till december
REEFUSDT Technical Analysis
⏳ Spot
💎 REEFUSDT has formed a symmetrical triangle and the price has got several rejection from the green rectangle . The support line of the triangle has been pushing the price higher. The price should break above the triangle and go higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.02300
☕️ TP1 0.04500
🍺 TP2 0.07000
🍻 TP3 _______
🍾 TP4 _______
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.01050
Good Luck 🎲
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REEF/USDTEverything is clear in the picture. Ask your questions in the comments section. Please like, good luck🚀🤍
REEF/BTC 350% Potential from here as Per TA Chart#REEF/BTC TA Update:-
#REEF currently trading at 50 Satoshi
And as per chart now Trading at very bottom area.
I am expecting huge return from #REEF in coming days.
Accumulation: 43-50 Satoshi
Targets:- 58/94/120/160/200 Satoshi
Stop Loss:- wait for my Updates
First need to break out 58 resistance level.
After it will fly towards our targets.
Support:- 43 Satoshi
Resistance:- 58/94 Satoshi
REEF CUP & HANDLE PATTERNHi traders,
Probably one of the best cup & handle patters that I've ever seen. $REEF still need to break the downtrend RSI and turn the TTM in dark purple.
The microview of the market is bullish, and it's important to remain like that if we want to see a breakup of this asset.
Also fundamentals are great.
Enter after the retest of the resistance (new support).
There are two targets:
1.- The size of the handle, that is also in confluence with the fibonacci golden pocket.
2.- The size of the cup, that bring us to the 0,786 of fibonacci.
Use your own risk management.
Safe trade, Calderius.