REEFUSDAs you can see we are at the TOP of this cycle.
Reefcoin's buy is very weak and it has not strength for greater growth. There are no new customer or buyers.
However, today somebody put price to upper line (on the pic) and from now price will fall. Chance to go UP is very small because resistance is here and there are no news for Reef coin.
Now, we could see price's fall in last half hour from 0,0038 to 0,0035 and it means that price was rising because of somebody's wish to sell its coins more expensive.
It is not bullish. It is bearish.
It is not advice for short, I've never short. If you short you have to borrow coins and it is expensive. Don't do it!!!
REEFUSDT.P trade ideas
REEFUSD very bearishWe have at least 5 TOPs.
We have 6 bearish inverted hammer.
What does it mean?
It signals a bearish reversal. The hanging man at the top of a bullish swing indicates that the price has reached an overbought level, and sellers may join at any time. However, this pattern is not a bearish signal; instead, it shows that the price has already made a top.
REEF - DEFI - The coin to look forward toHi my friends!
I watched and saw that the price broke through the important resistance, bounced back from the 0.236 Fibo and at this resistance area has turned into support the price has turned up.
At Fibo 0.382 we will encounter a huge resistance which is the 200 EMA and the previous downtrend line.
With major support below and price consolidating at the EMA100 area. The price finding the EMA200 and Fibo 0.382 will be certain.
Left to overcome the major resistance at the intersection of Fibo 0.382 and EMA200 and the downtrend line. We will need a strong enough pump or a big enough news.
With BTC rally and decentralization trend, Reef as a Defi I believe it will break through this resistance zone and explode.
Expected levels correspond to Fibo resistance areas.
And the most expected price zone in this wave is 0.0077.
Thank you very much!
REEFUSDT Swing Trade Clear Chart 1hr Trendline Breakout.
You Can Buy in Two Steps (i) CMP (ii) Last Support
Target In up to you best Take Profit early with CPI data moves
Analysis on REEFUSDTBulls
1)HH and LH
2)Bullish Engulfer
3)Rising support level at 0.003248
4)Price have gone above 0.38 feb level
Bears
1)Resistance at 0.003305
Trade Plan 1: Taking a long position as price is broken the resistance level and moving up
Trade Plan 2: Will take a short trade if price break out from the support level at 0.003248 and move down
REEFUSDT | IMPORTANT LEVEL
REEF has been trading near the horizontal resistance.
The bulls need to break above the level.
The price has keep holding a rising support.
We are expecting bulls will break above the resistance zone .
Manage your trades accordingly.
The Current ViewFacts:
-> Nothing holds the coin but the price of bitcoin. If BTC falls from $16.700, the game is over for Reef. The price is still in the death zone and heads to .$0015.
Idea:
-> The red triangle area is the zone of breaking resistances. In this area, it'll test $.0025 and $.0030.
-> If it passes the resistances, the target is around $.0040.
-> If it goes well, 1st target on .0058, 2nd on $.0082, 3rd on $.010.
Thoughts:
The current price is 20% lower than the competitors. It's pretty cheap and does not reflect reality. I expect the big crypto crisis will be in March, and if this coin does not make it in the next 10 days, I don't think it'll be aged well. And note it's lost its reliability below .$00205.
REEFUSDLadies and gentlemen, fall is now more real than ever.
If price could not go UP, price will go down like today and in next days would be.
Reef Finance 220 k Watchlist FollowersSince the Launch Reef caught my attention and even more when I checked the watchlist number in coinmarketcap. 220k people follow that project which is enough to move the token. Defi has a hard battle against banks but this is cheap to buy and hold for a few years. Im currently waiting confirmation breaking the 200 day moving average to buy more.
REEF TOKEN Insane Recovery 1 Day Chart
REEF Token
REEF Token (REEF) is a utility token issued by Reef Finance, a decentralized finance (DeFi) protocol. The token is used to pay fees on the platform, incentivize staking, and reward users for participating in governance. The token is an ERC-20 token, meaning it is an Ethereum-based token built on the Ethereum blockchain. The total supply of REEF is 1,000,000,000.
coinmarketcap.com
docs.reef.io
REEFUSDWhy am I still bearish?
While other coins do all time high or they are growing 30-50% in daily base, REEF don't move.
Price is too long on the same nivel. Price is in the channel and max price in this moment 0.0045 usd.
FET and AGIX did 10x while REEF is not move. I think it is not bullish.
Huge Possible Gains for both short and long term holdersReef is a strong token that still has not come even close to recovering post FTX
the RSI on the daily does have a bearish divergence so some correction could be in the next few days.
however on the weekly time frame you can see a bullish divergence meaning bigger moves in the long run
i followed reef very closely pre FTX and it had very bullish momentum with considerable gains, i definitely would keep this crypto under a close eye in the near future. the possible returns are +100% at least as the final pump before FTX hit the 0.008 mark with signs of going further.
DYOR, I am new to the crypto world so trade at your own risk
Good luck and happy trading
Hit the boost button if you agree or let me here your thoughts
REEFUSD rising wedgeA rising wedge is formed when price consolidates between upward sloping support and resistance lines.
Here, the slope of the support line is steeper than that of the resistance.
This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from!
With prices consolidating, we know that a big splash is coming, so we can expect a breakout to either the top or bottom.
If the rising wedge forms after an uptrend, it’s usually a bearish reversal pattern.
On the other hand, if it forms during a downtrend, it could signal a continuation of the down move.
REEF/USDT potentially 1000% growtha good project, the team works constantly, an active community,
a fundamentally good entry point with further opportunity to buy the drawdown.
DYOR
ReefusdRSI weaks.
Price weaks.
Price does not have strength to go above 0,0035usd. Price have to jump above 0,0039 and then we could see price 0,0045usd.
What we could expect i next days?
BIG resistance and drop price to 0,0027usd.
Reef is weakHello my friends,
When I look at other charts of this cryptocurrency, I am concerned about the lack of knowledge on the part of the creators of various ideas, who provide little valuable information and mislead everyone.
The truth is that reef is a weak cryptocurrency and you have to take into account a relatively high financial risk when buying it. About what you need to know:
* The maximum increase in REEF USDT that we can count on this month (February) is a maximum of 8%.
* Reef has already grown very much compared to the September 2022 price - YES SEPTEMBER - don't look at November when the reef was boosted.
* The greed for REEF is very high, so its price will not increase much. Unless he receives a sponsored boost, but no one knows and will never predict.
* In the long run, the price of REEF is constantly falling, so you can't count on an increase and you have to be careful.
Trade carefully and don't be guided by charts that are not based on concrete and true facts.
SUPER BULLISH! Reef +300%! Rekt Bears!SUPER BULLISH! Reef +300%! Rekt Bears!
Targets:
0.005
0.008
0.010
0.015
FEERUSD todayFED's decision is very close.
If we look at the price and the chart we could conclude that rising wedge is creating and today we could see possible price below 0,0030usd.
Chart never lies.
REEFUSDREEF is on the edge.
Price could go UP but it has a last chance.
Bull flag on RSI what it is bullish.
IF price break this level, it will go to 0,0045usd.
If we want to be real, REEF is not so bullish, just a little.
Resistance is so hard, price of 0,0032 lasts long while other coins does abnormal growth.
REEF/USDT.
BitVero Crypto Academy.
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
reefIf we imagine a hypothetical channel for it
He is currently involved in Midline channel
Correction in one hour time, the first two green lines
And in case of more support, you can see the bottom of the channel and the numbers of the thicker green lines
Resistances are specified
BULL ALERT!Bull alert on REEF Finance, it's really undervalued for it's potential and this an take off fast, so you make a decision on taking this one.
It's been on consolidation and strong support...clock is ticking.
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
