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REEFUSDT trade ideas

REEF/USDT Make 15% Profit easily in Upcoming DaysIf everything goes according to our plan REEF/USDT is ready to bang in upcoming days. In past time I did short term analysis of it and we are in good position to make as much as maximum profit we can get.(Find related links below) And in short term I am strongly bullish on Reef Finance. Spot Trade Setup Buy REEF/USDT at CMP - $0.020 Upcoming days target - $0.023 Short term target - $0.030 Comment your thoughts. And #DYOR before investing. CHEERS!
RLong
by Akki02_
Reef Potential for the Moon Reef is an ecosystem for Decentralized Finance. They say for their own definition : Reef chain integrates the best aspects from most commonly used blockchains while maintaining full smart contract compatibility. Reef Finance (REEF) is a cross-chain decentralized finance (DeFi) ecosystem and decentralized exchange (DEX) aggregation platform allowing users to gain smart DeFi exposure with interoperability across multiple blockchains including Ethereum, Polkadot, Avalanche, Cosmos, and Binance Smart Chain. Reef Chain is a fast and highly scalable Ethereum Virtual Machine (EVM) compatible blockchain and smart contract platfrom built on Polkadot Substrate framework, allowing users can create their own REEF-20 Tokens and Non-Fungible Tokens (NFTs) with support for on-chain governance. Developers can transfer their existing decentralized applications (DApps) to Reef chain without needing to modify its Solidity code. Users can participate in Reef Chain network validation and operate a node to earn passive yield on their staked REEF-20 REEF coin. Validators are responsible for reliable block production and elected by Nominated Proof of Stake consensus algorithm. Reef chain extends EVM with native token bridge, scheduled calls (to be used for recurring payments) and smart contract in-place code upgrades. so this is a new but have great potential for moveup and you got good Profit you can see Resistance adn Supports Area GL EntryPoint: 0.02057 Supports: 0.01878 0.01821 0.01627 0.01408 Resistance: 0.02242 0.02365 Targets: 0.02566 0.03324 0.04305 0.06218 0.09921 For HODL: 0.17997 0.24538 0.38334 GL It may not be true, but I think it looks like my Path in the chart
RLong
by Shivaz
26
REEF/USDT Downtrend breakout. How high can we go from here?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. Daily chart: - Price shows a breakout above the purple resistance line. The 0.02$ support has been reclaimed and we now head upwards to the next resistance lines. - Volume is on a steady decline since Mai and rather low for a breakout. This means currently there is not much resistance from sellers. - RSI analysis shows that we are very close to a breakout above the yellow and orange line. On the RSI side we did not get a confirmation for a trend reversal. - Support lines are at 0.02$, 0.0165$ and 0.0135$. The ascending yellow line can act as support as well. - Resistance lines are at 0.025$, 0.03$ and 0.05$. Expectation: - We expect a further price appreciation during the next three months and a solid recovery into October. So far we did see a great start and are looking forward to smash the last three resistance lines before price discovery . - Looking forwards into October where we might see an ETF approval for Bitcoin . This would be in favor for the whole market. - DeFi will get more attention during Q4 again and not only for Tax reasons. - We expect some consolidation around 0.025$ 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. If you like the content, please like, comment and give this channel a follow. 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.
RLong
by tumbler55
2
REEF - is it a good time to buy ❓🤔REEF has broken the trend line and is now testing it as support. In addition, we see that volume has appeared at the bottom, which is also a good signal for growth. From a technical analysis point of view, now is a good buying opportunity. But it is quite possible that this is a trap, be careful. 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.
RLong
by Yuriy_Bishko
12