REEF will make big prizeHello,
A big win awaits us with BINANCE:REEFUSDT.P . If we are very lucky, we will win this great prize. And if not, we will limit our losses as you can see in the chart.
REEFUSDT trade ideas
REEF FOR NOVMBER 2024Hello friends,
Here is my perspective on the Reef coin for this month.
It's a bit late, but it might be somewhat useful for those interested in this coin.
reefSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
REEF accumulation for a multiday breakout soon.REEF is bound for big reversal after boucing off a strong order block support at 0.0025 levels multiple times on weekly data.
It has created a significant higher lows on the weekly chart.
A strong accumulation has been spotted at this levels. A big price change on the upside is about to materialize soon.
SEEDED L at .00290
TAYOR.
REEF buy setupREEF has rejected after the heavy pump and is approaching the origin of the move.
The origin of movement is valuable to us. We are looking for buy positions in the green range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
REEF bullishReef bullish, got out of falling wedge and also creating a hidden bullish divergence.
Always do your own research.
This is no financial advice.
updateLow Risk Entry Conditions:
Valid Fractal Breakout of 179 and Pullback to it, Targets 218 and 288
REEF:9I expect it will easily rise to 0.23 levels. take your profit at the point you want and close the transaction
REEF/USDT.preef had a mega crash suddently. i bought right here for a pullback. no financial advice but this is my setup for my trade i am currently in it
updateThe price has been on the side for the past five days, in the last phase of movement, the price is in an ascending channel, and the exit from the channel at the same time as the static resistance of 219 is broken can be a signal to enter a long position, a pullback to the resistance of 219 is a low-risk entry condition
UPDATEThe price has entered the time correction phase in 1 hour and is suffering in a rectangular box
Exiting the box with a momentum candle and fixing the top of the box is a long entry signal
UPDATEThe price could not consolidate above the resistance of 222, a valid channel has been formed with several collisions, the price will move towards the top of the channel with fluctuations, the analysis will be violated by the breakout of the bottom of the channel
REEF Long M15RSI is rising, the resistance horizon is likely to break through. I buy with a risk of 4% of the balance. RR 2
My REEF ideas still bring losses, but they always partially enter the profit zone. In my intraday trading on a real account, I manage to make a little money every day. If you also trade intraday, then fixate on the highs and enter into trades again when the correction to M1 ends.
I decided to open a real exchange account and will accumulate statistics on my trading and the results of my ideas.
updateAfter a 5-wave drop, the price can return to the upward cycle. According to the previous analysis, the double bottom reversal pattern was hit. In the correction phase, compared to the 5-wave downward trend, the price can reach the Fibo range of 50 to 62 with a 3-wave movement.
Great reward to risk
updateThe previous analysis pattern was invalidated
A double bottom pattern has been formed, if the support of 173 is maintained, a long position can be entered after the resistance of 210 is broken.
Explanation of what was happening with REEFBINANCE:REEFUSDT.P Ahh so what happened behind the scene was this (I posted the original link in the "Minds" section).
In short, there was a misunderstanding with Paribu (a Turkish exchange located in Istanbul).
In the early years of 2021, KUCOIN:REEFUSDT was available on the and BNB chain aka the , in the dev's knowledge, Paribu has only served deposit & withdrawal of $REEF in the ETH, while the BSC support was added in 2024.
Three years have passed from 2021 to 2024, Paribu stated that they integrated into their platform, but no evidence has been provided for this, and Paribu hasn't opened deposits or withdrawals for REEF on the .
The dev suggests that Paribu should make an announcement to their user so they should send their REEF to a specific wallet via Paribu's API, later they will get a same amount of REEF but in instead of .
All REEF deposited in this way on the would be burnt periodically to reduce the supply on permanently, while the new REEF on will be minted afterwards so the supply will be the same.
But Paribu made a company decision not to provide an API for this migration, that's why the public assumed that the total supply expanded because the dev minted new REEF token on the and a major sell off happened because they didn't know the technical story of this exact matter.
In reality, it was Paribu's decision who make things complicated by not providing API support for the migration, therefore the system can't identify whose REEF token belongs to which wallet address (in this chain migration context).
As of Oct 15, 2024 the dev worked together with Via Labs to make a bridge for this transition purpose.
We will see how this story unfolds after Via Labs completed the new bridge... 🥰
UPDATEA reversal pattern is observed
In case of a break of the neckline with a momentum candlestick, it is possible to enter a long position by observing the capital management
REEFUSDT SHORT IDEAhi all, i missed to short reefusdt. so,while i was checking its graphic i saw that in 15 min chart reef seem getting weak and ready to decline. so i target bottom FVG area. so we can set up short position,
entry : 0.007025
stop : 0.007469
target: between somewhere 0.0057-0.0043
dont forget it reef by driving MM and shorting it is very risky. adjust your risk .
UPDATEAdditional explanations in the previous post
The breakout of the Trendline A and the static resistance shown on the slide are required for a low-risk entry
Long. M15.The risk for this idea is 3% of the balance.
The RSI indicator is pointing up.The triangle is broken upward
REEF/USDT LONGPrice Analysis: The price has bounced from a weak low support near 0.0022 USDT, showing signs of bullish divergence on both the RSI and MACD indicators. This suggests that momentum is slowing down on the downside.
Potential Targets: If the bullish divergence plays out, a short-term recovery could push the price to resistance levels at around 0.00265 USDT and 0.00400 USDT. A more significant move could target the 0.0067 USDT area, but confirmation from market structure would be needed for further upside.
Forecast: A likely short-term bounce can occur toward 0.0026 USDT in the coming sessions, with stronger momentum needed to break further resistances. Keep an eye on the volume and momentum to confirm a breakout.
Potential Supports ???The supports of 217 and 157 have been obtained from the price history, we are currently facing an increase in volume in the range of 217, low-risk entry after consolidation above 425.
