REEF/USDT Potential for Next Bull Run?👀🚀 REEF Analysis💎 Paradisers, turn your gaze towards #REEFUSDT, as it's showing potential for a major move from a pivotal demand level.
💎 #Reef is charting an upward path, hinting at an imminent bullish breakout from its current demand zone. We anticipate a retest of the demand level at $0.00136, especially with a significant supply zone on the horizon. If #REEF maintains its position above this threshold, it may set the stage for an ascent toward the major supply zone at $0.0023.
💎If #REEF struggles to stay above the support level, it may signal a time to reassess our trading approach. In such an event, our focus could shift toward initiating a bullish movement from a lower bullish Order Block (OB).
💎Monitoring this level is essential, as falling below it could precipitate a considerable downtrend.
💎Stay vigilant and ready to pivot, Paradisers. Your ParadiseTeam is committed to delivering the latest insights and strategic outlooks, ensuring you have the knowledge to adeptly maneuver through these market changes.
REEFUSDT trade ideas
REEF has flashed a potential buy signal.REEF has been on a roller-coaster ride as of late. The last time that REEF flashed this buy signal it experienced significant gains in the months following.
Choose your entries wisely, and always use a stop-loss, always!
Good luck!
REEF is about to retest the previous high set before the crash!REEF was a victim of the recent Bitcoin ETF crash just like 95% of other crypto's. It's been gaining momentum once again, climbing the tiers and will likely retest the previous high that was set yesterday.
REEF long setup hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
REEF is about to catch a wave!REEF has been forming a cup and handle formation for quite some time now, and the lows in the handle appear to have established a base for the remaining handle formation. I put on this trade twice already thinking the bottom was in and was stopped out on two different occasions. I'm by no means reckless trader, but I'm going to be putting on another long position between the breakout level of .0015 and the high set today of .001643 when the chart looks right.
If we fall past the lower trend line on the handle formation, then the pattern may be null and void, so trade with caution.
Good luck!
REEFUSDTREEF analysis daily time frame
Due to the fall of the reef, it is expected that the 78 Fibonacci area will have a price drop and it will be supported by hitting the yellow trend line and it will again attack the resistances of $0.00166 and $0.00182. Pay attention to the red box because it is the most key support area. .
Technical analyst: Amir Hassan Salek
Reef is a risky yet profitable investment for me.I'm adding 3 million Reef to my cart for the next bull run.
REEF breaking out of the descending wedge pattern.REEF was taken down hard the past couple of days by market makers, yet has still managed to breakout of the descending wedge pattern on a day when it's deep in the red. The 4 hour chart looks absolutely incredible!
I took a long position at .00159 and will be adding to it as the trade progresses.
These are the only indicators that I use. In my opinion they're the best combination available for trading. (With stock volume and 200 D.M.A.) Try them, you can thank me later!
- Haos Visual Divergence + Volume Analysis
- TTM Squeeze Pro
- Stoch MTM
- SMI MFI
REEF cup & handle - handle formation divergence.As per my previous REEF chart posting, REEF has formed a massive cup & handle formation and is now working on the formation of the handle itself. The white triangle represents the area that the handle formation is occurring. Currently there is a divergence between the price action and the H.V.D. Volume Analysis Indicator which looks to be a good sign that the price action will be moving upwards to the white dashed line to continue building the handle.
I think this is going to be a very substantial, positive price move once the price action breaks out of the handle formation.
These are the only indicators that I use, and in my opinion they're the best combination available for trading. (With stock volume and 200 D.M.A.) My P & L clearly demonstrates this fact.
- Haos Visual Divergence + Volume Analysis
- TTM Squeeze Pro
- Stoch MTM
- SMI MFI
REEF COMES LIKE A HURRICANE .... -%96 FROM ATH WHAT TO WORRY ?Reef is still looking very good . Its -%96 away from ATH and no supply increase , way too potantial to grow like hell .
REEFUSDTREFUSDT
1 w
It seems to have a nice upward movement towards the specified areas. It is recommended to buy in the support ranges.
Bullishwait for retest on the (dot dot line) and after that you can join the ride for TP1 0.003143 and TP2 0.003769
REEF looks like it could be getting ready to bounce!Reef has finished forming the cup and is now working on the handle.
REEF - 15m scalp bullish opportunityThe bears have made several attempts to reach the support zone without success, indicating they may be losing steam. This suggests that the REEF price has the potential to climb to the top of the trading range, at the very least.
REEFUSDT BUY TRADE 24-12-2023REEFUSDT found a AB=CD Pattern.
ENTRY: CMP
SL: 0.0002425
TP-1 0.002560
TP-2 0.002642
REEFUSDT: Potential for Upside ABC Waves
REEFUSDT has completed a five-leg drop, and now we anticipate the beginning of ABC waves to the upside. Our target is set around the base of wave 4, approximately at 0.00796. This presents an investment opportunity but remember to use a tight stop loss for risk management. Enjoy the potential ride.
REEF IMPENDING A YEARLY BREAKOUTIn this chart of BINANCE:REEFUSDT on a weekly timeframe, the price has touched the strongest trendline of REEF as of this date. As a trader, it sparks excitement for a potential breakout that could happen soon.
In this technical analysis, the coin is forming a divergence wherein the price is creating a lower low and our indicators showing a higher low, citing a bullish divergence.
And the price movement clearly shows the diagonal support and resistance lines, leading to this yearly falling wedge pattern. Take a peek on the instances of the coin hitting the trendline (highlighted in red) in this chart below.
Additionally, the month of October and November proved to be special for the coin and it shows the firmness of the resistance line.
If a rejection happens, I will consider this diagonal support for a possible breakdown intraday short play.
Today is weekend, so I don't expect a massive movement for now. Though still on a downtrend, expect a massive increase in the price if it breaks out the year-long trendline. We will have to WAIT for that to happen, it's just a matter of time and patience as I would point out in my previous posts.
Always PLAN your trades and happy trading!
REEF/USDT It required break the key resistance for continue up!💎 REEF has become a notable entity in the market, currently ascending towards a significant resistance area. Historically, REEF has faced strong rejections at this level, but a successful breach could lead to a substantial upward trend, the probability with the next objective being our targeted bearish OB area.
💎 However, should REEF struggle to surpass this resistance, and instead remain in consolidation near this level for a few days, it risks another rejection. This could result in REEF reversing its course, moving back towards the demand area.
💎 The demand zone is critical for maintaining REEF's bullish stance. If REEF fails to rebound upon reaching this zone and cannot sustain levels above this key support, it risks a breakdown. A failure to hold above this key support could lead to further decline, potentially taking REEF into the Bullish OB area.
Reef/USDT: Riding the Waves of a Successful Rectangle Breakout!Exciting news, traders! The Reef/USDT pair has officially broken out of its consolidation phase, and the bulls are taking charge. It's time to ride the waves of this successful breakout!
#Reef#Reefusdt
The falling wedge pattern has finally broken out, which is a bullish signal. Indicators are also showing bullish signs, and there is a lot of volume coming in. If the breakout is successful, we can expect a 300-320% bullish wave.
REEF/USDT Break the Major Falling Wedge, Bullish Momentum ??Yello Paradisers, get ready for some action!
💎 REEF has successfully burst out of a significant falling wedge pattern, signaling bullish momentum and paving the way for further upward strides.
💎 The likely scenario is that the price will first retest the resistance, converting it into a support level before resuming its upward trajectory. REEF is poised to potentially reach a strong supply zone or a bearish Order Block, especially given its validated breakout on the hourly timeframe.
💎 For those who prefer caution, waiting for a daily close before entering a position in REEF could be a prudent move. Alternatively, you could seize the opportunity now.
💎 Be mindful, however, that if REEF breaks and closes below the key support area, this would invalidate the current bullish outlook. Stay alert for more updates! 🌴
REEFUSDTLong-term descending channel midline breakdown
Above the upper Bollinger Band line
The Moving Average 7 is below the candles
Volume is increasing significantly
