REEF buy setupREEF structure looks bullish on hourly time frames.
We have a bullish iCH on the chart and the trigger line is broken.
By maintaining the demand, it can move towards the targets.
Closing a 4-hour candle below the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
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REEFUSDT trade ideas
Reef - Bull flag - 200%On the above 1 day chart price action has corrected 60% since early April. A number of reasons now invite a long position. They include:
1) Price action and RSI resistance breakouts.
2) Price action confirms support on past resistance. Once the horizontal 2nd the diagonal.
3) The flag. The breakout is clear to see with the flagpole extension measuring a 200% target area. Remember targets do not equal market tops.
Is it possible price action continues to correct? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: <= 3%
Timeframe for long: days
Return: 200%
REEF#Reef seems very bullish, under valued good project.
Recently exhibited significant market dynamics, bouncing from a support area. However, before continuing its upward trajectory, REEF needs to break out of the resistance area.
The price is moving near the minor resistance level of $0.002250 - $0.002350. Its upward rally has not yet started, and it is a very good opportunity to buy
A successful breakout could pave the way for a bullish move .
REEFUSDTHM signal v4.0 (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.002354-0.002400
- Trending slow and steady if able to hold above the support zone
It is at extremely good reward to risk level now if able to hold above the support level.
ReefReef seems very bullish, under valued good project, I think will reach 0.005, 0.007 and 0.01 very soon in beginning of alt season.
watch the bitcoin price and dominance, stay safe
* just my opinion not financial advice
REEF/USDT If break the resistance, indicating continue upward!💎 REEF has recently exhibited significant market dynamics, bouncing from a support area. However, before continuing its upward trajectory, REEF needs to break out of the local resistance area.
💎 A successful breakout could pave the way for a bullish move, probability leading REEF to retest the bearish order block (OB) area.
💎 On the other hand, if REEF fails to break above the resistance, there's a possibility of price rejection, prompting a test of the support around the $0.0027 area.
💎 The situation could worsen if REEF breaks below the support, leading to a retest of the demand area. Reclaiming the price above the support would signal a potential return to an upward trend.
💎 However, a breakdown below the strong support level would confirm a bearish trend, potentially resulting in further price declines.
REEF/USDT Indicating Bounce and continue upward movement.💎 REEF has recently exhibited significant market dynamics. Currently, it has bounced after retesting the demand area around $0.00316.
💎 If this bounce holds, it's probability that REEF will resume its upward movement and retest our target area.
💎 However, if REEF fails to maintain this support area and breaks down below $0.00316, it could signal a bearish trend continuation. In such a scenario, the next potential support area is around $0.0023.
💎 At the support area, it's crucial for REEF to bounce and reclaim the area above the demand zone to sustain its upward momentum. However, if REEF fails to do so and breaks down below the support, it could lead to further downward movement.
ScalpAccording to the waves analysis we can expect that price rise again to the green zone
This is my personal opinion and is not an offer to buy or sell, please act according to your trading plan
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REEFUSDT.1DBased on the provided market data, the current price of the cryptocurrency REEF is $0.0041. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI for REEF over 4 hours, 1 day, and 7 days is 60.17, 82.82, and 77.84 respectively. An RSI value above 70 generally indicates overbought conditions, suggesting a possible sell opportunity, while a value below 30 indicates oversold conditions, suggesting a possible buy opportunity. The RSI values, especially for 1 day and 7 days, are quite high indicating overbought conditions.
The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator. The MACD values for REEF over 4 hours, 1 day, and 7 days are 0.00033, 0.00054, and 0.00028 respectively. Positive MACD values indicate bullish conditions and the potential for a buy opportunity, which aligns with the current MACD values.
The Bollinger Bands (Bb) are a volatility indicator. The Bb values for REEF over 4 hours, 1 day, and 7 days are 0.0052, 0.0052, and 0.0053 respectively. The current price is below the Bb values, indicating bearish conditions.
The support levels are the price levels at which demand is thought to be strong enough to prevent the price from falling further. The resistance levels are the price levels at which selling is thought to be strong enough to prevent the price from rising further. The current price is closer to the first support level for 4 hours, 1 day, and 7 days, indicating bearish conditions.
In conclusion, the technical analysis indicates overbought conditions due to high RSI values, bullish conditions due to positive MACD values, and bearish conditions due to the current price being below Bb values and closer to the first support level. Therefore, it might be a good idea to wait for a better entry point before investing in REEF. However, this is purely based on the technical analysis and does not take into account any fundamental factors or potential news that could impact the price. It is always recommended to do your own research before making investment decisions.
#Altcoins are starting to move. Falling Wedge on #REEFKeep an eye for a potential breakout
There is always a chance for retest of the wedge
But first target would be the resistance at 0.00218 a good +50% move
REEF - Really break out!Dear my friends,
I bought REEF once at the price range of 0.0022 and waited for a break out. But it didn't do that. I'm still holding it. And today when observing REEF, I decided to enter another order and wait for it to x3 from the current price.
The reason is that it actually broke out, above the price line and also above the RSI.
I'll wait and continue my DCA strategy.
Best Regards,
REEF / REEFUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
REEF Next Levelshi every one
hope you get profit from our last analyzes, Reef is in the perfect buy zone, and we can see top levels on that , we are buying a small bag reef , so can grow more than 100%
REEF ANALYSIS (4H)It has consumed and cleared the resistance areas and has an ascending structure and substructure.
By maintaining the green range, it can move towards TP.
Closing a 4-hour candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
REEFUSDT CUP AND HNDLE PATTERN ON H4 CANDLE REEFUSDT has formed a cup and handle pattern on h4 candle which is considered to be a strong BULLISH continuation pattern. 1st TP is projected at price 0.002554.
+68% Profit Potential with Descending Triangle Breakout---------------------------------------------------------------
Description
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+ BINANCE:REEFUSDT is just broke out from the descending triangle pattern
+ Descending triangle pattern is bullish and we are seeing clear breakout
+ Our Profit Target is next Resistance around 0.002556
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VectorAlgo Trade Details
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Entry Price: 0.001513
Stop Loss: 0.001328
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Targets 1: 0.001651
Targets 2: 0.001822
Targets 3: 0.002117
Targets 4: 0.002556
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
Reefusdt.p as I predicted. Going good since call we are up 18% still so move SL to BE. with TSL hope you enjoying this call soon will Post regularly
Reef Long Wait for the second retest on at least on 4hours time frame and if we get bullish retest there only then we are going to long from the resistance.
set alarm and wait for the right opportunity.
Reef or Beef?look to the chart.
breaked and dont set LL its in a good situation
its not a signal for buy/sell orders.
please search yourself and have the best.
