REEFUSDT trade ideas
REEF/USDT SHORT TRADE SETUPEntering REEF/USDT Short at $0.03304 to $0.03387
Stop Loss: $0.03513
Target: 8% to 10%.
Note: This is not financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
REEF/USDT Massive price appreciation blasting through resistanceIntro:
- Reef Finance tries to become one of the most used blockchains for DeFi.
It's fast, scalable and has a low transaction costs.
Reef Finance is build with Polkadot Substrate and comes with on-chain governance.
- SEC confirmed that crypto will not be banned which is positive for the whole crypto market.
- DeFi projects appreciated a lot of attention during the first quarter of 2021 and probably will again during Q4.
Daily chart:
- Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and and the 0.025$ resistance was ignored even attacking the 0.03$ resistance.
- 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.
- RSI analysis shows that we broke above the yellow resistance line and even shortly touched the 80 line but got rejected which is a good thing. Moving too fast only increases the risk of a sharp pullback.
- 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 behind.
Expectation:
- We expect a further price appreciation during the next three months and a solid recovery into October. So far October gave us everything we hoped for and after a short consolidation we can expect to go even higher.
- 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$.
- End of the year prediction: We will see a 0.3$+ 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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We would love it if you could share your thoughts in the comments.
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 setup about to Explodehead and shoulders powerful pattern hast detect on reef finance my opinion is price will create higher high if break left sholuder
KEEP IT SUPER SIMPLEThis is my thoughts on reef
Greetings . Hope you are fine
I analyze Reef coin And found these confluences
I hope it will be easy to understand
because i have marked everything on the chart
Here are two confluences.
1) is the bearish bat pattern formation
2) and 2nd is the Elliott waves
3) it has strong fundamentals
Currently we are in wave third
So it has more chances of going towards ATH
ALWAYS DYOR
REGARDS AZIZ
Reef usdt hidden gem Reef usdt gave 70% profit on my call . now reef is rejected from resistance .
1st 70% entry ; 0.026$ to 0.03$
2nd 30% entry :0.022$ to 0.026$
Duration; 2 to 8 week;
Sell target: 0.043 and 0.05$
REEF/USDT TRADE SETUP! Hello everyone, Welcome to this altcoin trade setup. If you didn't follow me yet then do follow me now for the latest updates of the market and profitable altcoins setups.
Now let's get to the chart. REEF is looking good here. Already broke out from the cup and handle pattern. Buy some here and add more in the dips. Also REEf debit card and ecosystem launch in last quarter of this year so it's worth buying here.
Entry range:- $0.19-0.2
Target1:- $0.2476
Target2:- $0.2986
Target3:- $0.3482
Target4:- $0.49(Long term target)
SL:- $0.176
Buy on spot or you can buy with low leverage (2x-4x).
If you like this idea then hit the like button and also share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank you!
REFF/USDT Perfect Analysis 30% UP All targets hitI am very happy because my all given targets are successfully achieved
see old post below
#REEF/USDT [ REEF ] breakout the longterm trendline#REEF/USDT breakout the longterm trendline and retesting it now, expect a nice upward move 📈
Current price: 0.02325
4H Technical Analysis
⚪️ RSI: 57.45
⚪️ Stoch: 47.14
⚪️ MFI: 62.03
⚪️ CCI: 10.74
⚪️ WR%: -52.98
S/E-MA: 10 25 50 100 200
EMA: 🔴 ❇️ ❇️ ❇️ ❇️
SMA: 🔴 ❇️ ❇️ ❇️ ❇️
⚪️ ADX: 37.62
❇️ ADX Signal: +DI > -DI (Bullish)
❇️ MACD Bullish Crossover ON
❇️ Parabolic SAR: Bullish
Reef usdt is a hidden gem on binance#reef usdt if you follow my signal.
reef buying range was below 0.02$ and now 0.031$ mean in spot you made 70% in some days.
Some update about reef, reef is facing now resistance if it break thn reef is unstoppable, next target is 0.04$ to 0.05$ if you can hold then sell above 0.1$ ..
If you want to gift some usdt my TRC20 address is below:
your like, comments and share boost my energy.
thanks
Reef breakout- Reef broke structural level
- Clear uptrend
- Spikes in volume
- Golden cross happened already
- MA's curling away from eachother
Enter on $0.025
TP1: 25% @$0.029
TP2: 50% @$0.037
TP3: 25% @0.049
Reef 1h timeframeREEF 1H base on fibonacci and price action, if we are going down we need to see Lower High
REEF will go to 0.0288$ | my first IdeaThis is my first Idea, so is not financial advise!!! I'm amateur.
I think REEF will go to 0.0288$.
REEFUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
To the REEF - Reef Finance REEF/USDTHello all,
felt like I should update the reef chart due to todays market correction.
Bitcoin dominance had a bounce up and this made most of the alt pairs bleed.
Good moment to catch the dips and fill the bags around 2-3 cents.
REEFUSDT Take Profit 0.022 0.024 0.026REEFUSDT
Entry price near 0.0206
Stop loss 5%
Take Profit 0.022 0.024 0.026
Risk Reward 1:5
