REEFUSDT trade ideas
reef scalpanother reef scalp setup,open position when price drops below 200ema,otherwise wait for retest of flag's res
REEF UPDATE another buying zone for probable wave patternsREEF UPDATE another buying zone for probable wave patterns
Reef price has been hanging around 61.8 fib retracement it can go down to 78.6 retracement.
I hope that the downward has already ended or at most 78.6 retracement which I will stack more reefs.
CAN REEF GO FOR THE PREVIOUS ATH?REEF is sitting at a very strong supply zone here with a horizontal trendline, breaking out of this with volume will be really bullish and will take us for the next supply zone where we had the previous ATH!
All eyes on REEF, it has been the slowest mover of all!
REEF USDT Long SetupREEFUSDT looking for a slight dip to Buying Zone
As long as the price is above 0.026
Upper targets 0.05 is achievable
REEFUSDTREEF Outlook Transition, You Just need patient To wait It BreakOut
For Make Confirmation
KEEP DESCLAIMER ON
reefusdtHi Dear followers,
I think this will be Reef's Path. Details can be seen on the chart.
Wish you all luck and Profit.
all the best
REEF IS THE NEXT 1000% CRYPTO, LIKE SHIBA INU. FOMO 🚀🚀Welcome to Aureate Invest.
Charts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
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Another bullReef already made compression. Waiting time to break resistance. Hopefully it can make it.
REEF/USDT Getting ready for a breakout. All signs show upwards🚀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.
- In circulation we have 13billion coins out of possibly 16-20 billion. Therefore we don't expect a strong pullback due to inflation.
- Total market cap is around 400million which seems too low.
Daily chart:
- Price shows a consolidation around the 0.03$. We did retest the old resistance around 0.025$ which turned into support.
- Volume shows a price spike together with price appreciation. Often times this is followed by a second round of prices spikes so we are watching closely. The chances we see this during the next days are pretty good.
- RSI analysis shows that bounced back from the red 80 line. We found support around the 50 line and get ready to go back up again.
- Support lines are at 0.025$?, 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well.
- Resistance lines are at 0.05$. Clear sky lies beyond.
Expectation:
- We expect another leg up after the current consolidation. All signs show strength and upwards momentum.
- DeFi will get more attention during Q4 again and not only for Tax reasons.
- We expect some consolidation around 0.03$ before we get through and a struggle around 0.05$. So far we see exactly that.
- End of the year prediction: We will see a 0.3$+ 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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Discussions are very welcome here.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
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 from polkadot
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
REEF
Rank #146
Coin
On 161,995 watchlists
Reef Price (REEF)
$0.03111
5.21%
0.0000004949 BTC2.52%
0.000006988 ETH1.12%
REEF - is it a good time to buy ❓🤔Many people have asked to analyze the REEF coin.
On the chart, you can see a big value area. The price has tried several times to break through the lower boundary of this area, but so far without success.
There are two scenarios at the moment:
- Either the price will return to the resistance level, squeeze and then break the resistance level.
- Or the price will break below $0.025, collect liquidity and then break through resistance.
In both scenarios, this is a good buying opportunity after breaking through or retesting this level as support.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Brainless Long.Yep the most brainless long, Great project has all the right partners/associates and is going to be part of the defi bandwagon, Would be shocked if this does not moon in the coming months.
Reef Finance , Reef USDT (D)Hey guys
Wanted share bout reef tho
Just look at the calendar what expects us on december 31. 2 main events . Reef debit card - and Steam ecosystem (Just read bout this)
So we have main support level which i think is unbeatable - 0.022-0.023 ( Even if btc goes to 50 k )
If you want buy it now u can do it . I personally will wait for some small discount but current price also not that expens.
REEF/USDT LONGPredict price to pullback to 0.02200-0.02400 key level before continuing bullish. Price has already breakout from Daily trendline waiting to retrace at nearest key level. Just sharing, please prioritize your own analysis.
REEF/USDT is it going up ? evrything is explained on the chart :)
1/ the volume compared to candels size show the presence of smart money right on the breakout, then a quick retest with a low volume.
2/ a new up trend is confirmed ( higher high lower low ).
3/ the pair went through an accumulation phase without showing a sign of strength, wish mean that the pair is going back to the accumulation phase levels. ( expect and explosion if it brerak the 0.0565 )
Take profit : just above the next resistance wish is weak for that raison i fixed a 2nd tp right above the highest resistance. new trade expected after the breakout of that resistance.
Stop loss : just above the last support / to take more risks you can out it above the last Low at 0.0159
Good Luck
REEFUSDT is creating a pennantREEFUSDT is creating a pennant below the weekly resistance.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ReefReef has pumped lately took a break and became super low volatility there is some room to go for this coin to form a second relative high to go absolute mental in the real alt season
REEFUSDT- D during the uptrend zone - X5!!!!Buy at 0.018, buy more if break 0.036.
Hodl to target at 0.055 and 0.1
X5!!!!
Reef - Your NEXT 10X AssetHi Folks,
A Reef analysis for you. Requested by fellow trader @tview313.
Reef is a DeFi platform, built-on Polkadot, providing a more efficient alternative to ETH and offering broad integration with other protocols.
The Fractal is showing potential price action, while the Fibonacci levels give you and idea on potential targets to keep an eye on.
The first step is breaking the long time resistance 0.05 level. Above that there are clear skies ahead.
Cheers,
Goraxes
