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Reef / Tether

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REEFUSDT trade ideas

REEF/USDT Update: Testing old Resistance for new SupportREEF did bounce back from the support lines around 0.016$ and 0.023$. We now look for a support around 0.03$ which was a previous resistance line. REEF stalled during march and april so it has enough to catch up and we expect REEF to perform well during the next months. 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. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
RLong
by tumbler55
REEF - Long time no see :D Here's a quick look at Reef 4 hr chart. As we can see, the has been forming a falling wedge, and we should see a breakout soon. The best entry would be above the breakout level shown in the chart. Keep an eye on this! My 30x Pick - BonFire token - check it out! The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart. Targets: 1. 0.041$ 2. 0.045$ 3. 0.053$ - Profits can also be taken in the resistance zone . Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
RLong
by MBM_Crypto
2
REEF/USDT Update: New entry at a discountLike the whole market also REEF did see a major pullback despite recent bullish news. This is the opportunity to buy REEF at a previous support level like 0.023 or 0.016. Currently the whole market is in panic mode but once the dust settles and people realise that they should take FUD too seriously they start investing again. The RSI currently is closer to the oversold region. 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. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
R
by tumbler55
4
REEFUSDT waiting for the breakout! 🦐 The price is testing the weekly support and the 4h trendline. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order ––––– 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. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
RLong
by InkyGrip
4
Where to next for REEF?As has been seen several times this year, Reef takes a hammering when BTC's price goes attention seeking. Nearly all of Reef's big pull backs can be attributed to BTC, rather than anything to do with the project itself. Recovery, albeit slow, has always come though. Reef has shown that it can seriously pump too. Happily, buying volume today points in the direction of reassurance about how Reef is viewed following yesterday's BTC tantrum, perhaps because Reef's fundamentals are going from strength to strength. In particular, the launch of the canary network version of the Reef mainnet has just been announced for the end of this month. The transition from canary network to full operation is expected to be swift. As well as this Reef will likely be a prominent part of the Polkadot cryptospace when it launches. Gavin Wood has indicated this launch too is now not far away - it will quickly follow the stable launch of parachains on Kusama. Reef will also have EVM compatibility, enabling it to work with both Ethereum and Polkadot. If that isn't enough, Reef will form it's own ecosystem, with other projects looking to build on the Reef chain - driving token demand. I think Reef is an increasingly strong project: a purpose built defi ecosystem that also that acts as a link between Ethereum and Polkadot. Regardless of the direction taken by BTC and the cryptomarket over the coming weeks and months, anything connected to the launch of Polkadot has the potential to do better than average in the short to medium term. Reef's roadmap has some incredible potential in it for later this year too - Reef baskets for the Steam gaming network are one very intriguing example - the potential for NFTs in the traditional computer game space is lucrative to say the least. With a current marketcap of $330M, a doubling in value would take the marketcap to just over Reef's ATH, however as both Reef and Polkadot's projects actually start trading properly, there must be potential to do comfortably more than that.
RLong
by AntSchmitt
3
- 3.5x returns with in 4 months on cards - REEF has the potentiaReef Finance to be frank is not just another project that not able to live up hype, as REEF probably one of the logical projects that launch on Binance launchpool. REEF utilized polkadot consensus algorithm and also uses its security model and forkless upgradability. Polkadot has continue to dominate blockchain and it blockchain continue to integrated with different that project also gaining similar response. REEF has unique vision to solve problem on Decentralized Finance specially in yield farming and liquidity providing.
RLong
by guru_duttkaushal