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
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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 🦐
REEFUSDT trade ideas
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
REEFUSDNew old story again.
Somebody has a lot of REEF's coin to sell.
He wants to use a chance to sell.
Chart shows us it. I put chart which showed us downside of price.
Somebody asked me before why I am bearish.
I answer that chart is bearish, I just read chart. I am no important, chart is important.
My opinion: price will touch very soon ICO price, 1 REEF = 0.00125 USD.
It is so sad.
Possible inv h&sSeems reef may be forming inv h&s after dipping from fed hike rate release making the head hit and perfectly rebound back upwards off of the support trend line. Dyor
Possible Inv h&s?Reef has been on a down trend for a while and seems to be forming a inverse head and shoulders after fed hike release and may move above top downward trend line. NFA! DYOR!
REEF, double bottom patternREEF has created a beautiful double bottom at D to prepare for a bullish break out to 200% fibonacci level. The point of purchase is too beautiful. Set a reminder to buy with us now!
REEFUSDPicture tells us the true.
Just follow what is written.
This analysis is for free and just enjoy.
Don't trust anyone.
Do it your own analysis.
REEFUSD possible bottom in summer 2023Possible bottom in summer 2023
Price: 0,0006usd
Don't believe on fairy tales.
Purchase for REEF coin is so weak.
Nobody buys REEF.
Owners sell REEF.
RSI is weak too. Power of purchase is every time getting weaker...
REEFUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Burada yer alan yorum ve tavsiyeler, yorum ve tavsiyede bulunanların kişisel görüşlerine dayanmaktadır. Bu görüşler mali durumunuz ile risk ve getiri tercihlerinize uygun olmayabilir. Bu nedenle, sadece burada yer alan bilgilere dayanılarak yatırım kararı verilmesi beklentilerinize uygun sonuçlar doğurmayabilir.
REEFUSD, head and shoulders with first target of 0,0022usdOn daily chart I see head and shoulders and fall of price.
First target is 0,0022usd
Don't live in the clouds
be realistic
this is not a fairy tale
unfortunately.
REEFUSD why price will touch ICO price, 0.00125 USD?RSI negative divergence - bearish.
Descending line - resistance - price can not pass - bearish.
Too many traders on this thread are bullish and they see pricex100 - very bearish (if everybody bought and wait for ten times grow price, who will buy then??).
There are no bullish signs.
SHORT - no
BUY - no
WAIT - yes (for godot)
REEFUSD fall is continuingAs we can see, price continues to fall. Price could not break 0,0037usd as we can see on pic. BIG resistance here at this price.
Conlusion: REEF is going to ICO price and it is better to buy AI coins now because REEF coin is manipulate of owners who want to sell coins from ICO (free coins) and do pressure on price all the time.
REEFKeeping an eye on this top run up for a lower high for the potential drop retracement LOWER LOW For the spring up for the actual breakout. Theres a 50 percent hidden reversal that can happen if this has strong continuation
REEFUSDAs you can see we are at the TOP of this cycle.
Reefcoin's buy is very weak and it has not strength for greater growth. There are no new customer or buyers.
However, today somebody put price to upper line (on the pic) and from now price will fall. Chance to go UP is very small because resistance is here and there are no news for Reef coin.
Now, we could see price's fall in last half hour from 0,0038 to 0,0035 and it means that price was rising because of somebody's wish to sell its coins more expensive.
It is not bullish. It is bearish.
It is not advice for short, I've never short. If you short you have to borrow coins and it is expensive. Don't do it!!!
REEFUSD very bearishWe have at least 5 TOPs.
We have 6 bearish inverted hammer.
What does it mean?
It signals a bearish reversal. The hanging man at the top of a bullish swing indicates that the price has reached an overbought level, and sellers may join at any time. However, this pattern is not a bearish signal; instead, it shows that the price has already made a top.
REEF - DEFI - The coin to look forward toHi my friends!
I watched and saw that the price broke through the important resistance, bounced back from the 0.236 Fibo and at this resistance area has turned into support the price has turned up.
At Fibo 0.382 we will encounter a huge resistance which is the 200 EMA and the previous downtrend line.
With major support below and price consolidating at the EMA100 area. The price finding the EMA200 and Fibo 0.382 will be certain.
Left to overcome the major resistance at the intersection of Fibo 0.382 and EMA200 and the downtrend line. We will need a strong enough pump or a big enough news.
With BTC rally and decentralization trend, Reef as a Defi I believe it will break through this resistance zone and explode.
Expected levels correspond to Fibo resistance areas.
And the most expected price zone in this wave is 0.0077.
Thank you very much!
REEFUSDT Swing Trade Clear Chart 1hr Trendline Breakout.
You Can Buy in Two Steps (i) CMP (ii) Last Support
Target In up to you best Take Profit early with CPI data moves
