TA Dragon for REEFUSDT on Weekly TFTA Dragon for REEFUSDT on Weekly TF
Fibonacci levels + Chart pattern = 3 different scenarios
REEFUSDT trade ideas
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REEFUSDTHello Traders,
Long Reef as we can see that reef is on the proper support and we can expect a pullup from here upto the upper resistence as per the chart. cheers!
#REEFHey, this is just a technical view that bears the wrong and the right, so do not rely on it, but use it to help you make the decision, and also do not neglect the financial management, and do not forget to follow up on social media if you are interested in bitcoin
#Reef longlong reef when it will come to the support line definetly it will bounce back from the support, have a keen eye on it.
Reef Ready To Fly Are you searching a coin can x your balance then here is Reef you can Measure Risk Reward of your balnce and take part in this xoin.
Your Balance Your Risk Your rewards.
Noone is responsible for that.
Long
Reef finance possible playout chartThe price movement of Reef is predicted to experience a significant increase with a potential gain of 12% in the coming days. Currently, it has already retested the support level at $0.18 and is expected to reach $0.2 in the near future. #DYOR (Do Your Own Research).
reef :(i think this scenario happening for reef . because head and shoulders pattern appear for it and also floor of three angel pattern broken to the down .
REEFUSDT wants a new bearish impulse?Reef Finance is a decentralized finance platform that aims to simplify and enhance the accessibility of DeFi services.
According to Plancton's Rules, a popular trading strategy, there is a potential scenario for REEFUSDT where the price could retest the 0.5 Fibonacci level before establishing a new short position. The Fibonacci retracement levels are a series of horizontal lines that indicate potential support and resistance levels based on the Fibonacci sequence.
In this particular case, the 0.5 Fibonacci level represents a critical support level for REEFUSDT. If the price reaches this level, it could attract buying interest from traders looking for a potential bounce or trend reversal. The significance of the 0.5 Fibonacci level is derived from the belief that it represents a halfway point in the potential retracement of the previous upward move.
Plancton's Rules suggest that before entering a new short position, it is important to wait for confirmation that the price has failed to hold above the 0.5 Fibonacci level. This confirmation could manifest as a significant rejection or bearish price action, indicating that selling pressure is likely to resume.
By waiting for the price to retest the 0.5 Fibonacci level and subsequently confirming a rejection, traders following Plancton's Rules aim to increase the probability of a successful short position. This approach allows them to capitalize on potential downward momentum and take advantage of the market's bearish sentiment.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
REEFUSDTLook at the perfect chart about reef coin.
Before they mocked me and insulted me when I put the bear graph and when I wrote that price would go to ICO price (0,00125usd), but no one said that reading the graph is very important and imagination should be left for writing fairy tales.
Don't believe in fairy tales in coin market.
The RSI hinted at this decline as I wrote yesterday.
There is no enough volumen and it means that only way is down.
REEFUSDDefinitely, REEFUSD is creating falling wedge what suggests us that price would go UP.
Bear scenario: if price fall to 0,0016usd than ICO price is the next.
Bull scenario: if price grow to 0,0035usd than 0,0075usd is the next price.
A clear "Moon shot"...Reef is ready to Moon after this double bottom, and i see it strongly blullish to ride in a 500% to 600% move.
Let's go REEF
THIS IS NOT A FINANCIAL ADVICE, PLEASE INVEST AT YOUR OWN RISK
REEF USDTREEF Usdt Break the support in 1 hr chart
Short Reef Usdt
Entry: 0.002150
TP: 0.0020, 0.001850
REEFUSDT (Daily) - Bearish Wave We2Hi Traders
REEFUSDT (Daily Timeframe)
A High probability, entry signal to go SHORT will be given with the downward break of 0.00215 after the market found resistance at 0.00231. Only the upward break of 0.00231 would cancel the bearish scenario.
Trade details
Entry: 0.00215
Stop loss: 0.00231
Take profit 1: 0.00191
Take profit 2: 0.00166
Score: 8
Strategy: Bearish Wave We2
REEFUSDT wants the Demand zone? REEFUSDT has a strong demand zone at the 0.00245$ area, which is where the previous impulse started. This zone may act as a critical support level for the price to bounce off.
However, the market is currently in a downtrend, with the price creating lower highs and lower lows. The price could potentially face rejection from the resistance level at 0.0027$, which would confirm the downtrend continuation.
According to Plancton's rules, a new short position may be considered if the price gets a rejection from the 0.0027$ level and creates a clear bearish signal. The demand zone at 0.00245$ could act as a target for the short position, where the price may potentially bounce off.
In summary, REEFUSDT has a strong demand zone at the 0.00245$ area, but the market is currently in a downtrend. If the price gets a rejection from the 0.0027$ level, a new short position may be considered with the demand zone as a potential target
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
REEFUSD in very optimistic scenarioLook at RSI. If price will go UP, RSI will go up, too, and price of REEF in very optimistic scenario could go to 0,0075usd. If price will be at 0,0075usd, BTC will touch 40.000usd and it will be TOP of his cycle.
Maybe BTC could touch 45.000usd but it will depend of level of optimistic investors.
In bear scenario, REEF will go to ICO price no matter btc is at 40.000 or 20.000usd.
For now, there is a small optimism for investors in REEF and price of 0,075usd.
Save the Coralreef following the trend of its real life realtives in dying off lol. theres no saving this coin. being related to DOT is its only saving grace in terms of a turnaround but DOT seems to be underperforming at the moment aas well. looks like REEF is heading towards new lows, heard their dev team was super sketchy as well.
Reef/usdt longon the chart we see the zone of accumulation for the last months. we can see growth from 30 to 100% in the near future not a financial recommendation
20%UP Ride with REEFBuy 0,002943 - 0,002894
TP1 - 0,003155 - move stop loss to breakeven
TP2 - 0,003293
TP3 - 0,003398
TP4 - 0,003541
SL - 0,002747
