💜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...
I hope my idea is clear
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Stay Safe💯
Good luck💰
REEFUSDT.P trade ideas
$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 BULLISHApologies for the abstract chart. All lines serve a purpose. Please focus on the lime/green lines. The mid scale of REEF is currently trading within an ascending channel, right now, we are in an ascending triangle, we can breakout within the next few days/weeks. Looking at a target and strong resistance at around $0.066.
Reef is ready for another Breakout! Don't Miss.On 1 DAY TF
-Symmetrical triangle if breaks out, Be prepared for another big LEG UP, MACD cross as it points upwards-ADX & DI bullish cross -Volume is expanding on shorter time frames.
Attention: This is not investment advice; we are assisting individuals in creating their own vision.
Have a Good Reef Days!
ReefReef Finance
Bullish Momentum is building up in Reef
Let us have a look at technical chart 1D timeframe.
1. Price is tested 2 times 55EMA and above it
2. price is breaking downtrend line.
3. Trend line touches 3 times MACD line and broke it downtrend
4. MACD line is about to cross signal line above zero line
5. MACD HISTOGRAM is bullish
It is not a financial advise. Please do your own research.
Hilsen
BTSChamp2020
REEF ABOUT TO TAKE OFF?We can see the triangle cannot contain it. are we going to see a huge increase? or just a subtle breakout
Reef Bullish Signals Hint Breakout Soon!DAILY TIME FRAM ANALYSIS
-Symmetrical triangle breakout ready
-Stochastic's pointing up
-MACD prepared to cross as it points upwards
-ADX & DI bullish cross
-Volume expanding on shorter time frames
REEF/USDT First time Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to $0.036 where we saw a bounce.(Blue Line)
The blue is the Strong Support line, and we are still in triangle I expect a breakout before 10. April. If we fall down from $0.036 Support we might retest the trend line support.(0.033$'s)
We need to stay above the blue line 4 hours chart, and we need good volume when EMA25 will cross EMA50 upward for breakup if we do Targets are:
Targets:
1. 0.049$
2. 0.053$
Let's see what will happen
This is not financial advice! Just my idea about REEF!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision maker.
REEF-USDT, Possible rise of a cross-chain trading monsterThis is only a personal idea based on my very limited knowledge, please do your own research and analysis.
From the fundamental aspect, Reef is built on POLKADOT, there is a great team behind it, and even with the war they had with ALAMEDA Research, they still are managing to continue their path. There is a great potential for this coin to grow, they have a relatively small market cap and they will have some good upcoming events in late June 2021. From the technical side, the price is moving in an ascending triangle, we are at the bottom of the trend line, here is a great opportunity for our first entry, We can see a bullish cross on Stoch RSI Daily. Possible targets for short-term traders could be 0.047 and 0.055. We have to be careful about the ongoing war between REEF and ALAMEDA Research, price dropped 20% previously on Monday, but if REEF can manage to win this war or at least not lose it, which I believe so, there will be a great potential for this coin, by the end of June price can even jump as high as 0.075 or even 0.01.
Thank you for reading my opinion,
Happy trading
strange areawe should cross our fingers for reef to bypass 0.042
i can say it's possible for it , im 60% hopeful 🤞 🤑
