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
REEFUSDT trade ideas
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
Analysis on REEFUSDTBulls
1)HH and LH
2)Bullish Engulfer
3)Rising support level at 0.003248
4)Price have gone above 0.38 feb level
Bears
1)Resistance at 0.003305
Trade Plan 1: Taking a long position as price is broken the resistance level and moving up
Trade Plan 2: Will take a short trade if price break out from the support level at 0.003248 and move down
REEFUSDT | IMPORTANT LEVEL
REEF has been trading near the horizontal resistance.
The bulls need to break above the level.
The price has keep holding a rising support.
We are expecting bulls will break above the resistance zone .
Manage your trades accordingly.
The Current ViewFacts:
-> Nothing holds the coin but the price of bitcoin. If BTC falls from $16.700, the game is over for Reef. The price is still in the death zone and heads to .$0015.
Idea:
-> The red triangle area is the zone of breaking resistances. In this area, it'll test $.0025 and $.0030.
-> If it passes the resistances, the target is around $.0040.
-> If it goes well, 1st target on .0058, 2nd on $.0082, 3rd on $.010.
Thoughts:
The current price is 20% lower than the competitors. It's pretty cheap and does not reflect reality. I expect the big crypto crisis will be in March, and if this coin does not make it in the next 10 days, I don't think it'll be aged well. And note it's lost its reliability below .$00205.
REEFUSDLadies and gentlemen, fall is now more real than ever.
If price could not go UP, price will go down like today and in next days would be.
Reef Finance 220 k Watchlist FollowersSince the Launch Reef caught my attention and even more when I checked the watchlist number in coinmarketcap. 220k people follow that project which is enough to move the token. Defi has a hard battle against banks but this is cheap to buy and hold for a few years. Im currently waiting confirmation breaking the 200 day moving average to buy more.
REEF TOKEN Insane Recovery 1 Day Chart
REEF Token
REEF Token (REEF) is a utility token issued by Reef Finance, a decentralized finance (DeFi) protocol. The token is used to pay fees on the platform, incentivize staking, and reward users for participating in governance. The token is an ERC-20 token, meaning it is an Ethereum-based token built on the Ethereum blockchain. The total supply of REEF is 1,000,000,000.
coinmarketcap.com
docs.reef.io
REEFUSDWhy am I still bearish?
While other coins do all time high or they are growing 30-50% in daily base, REEF don't move.
Price is too long on the same nivel. Price is in the channel and max price in this moment 0.0045 usd.
FET and AGIX did 10x while REEF is not move. I think it is not bullish.
Huge Possible Gains for both short and long term holdersReef is a strong token that still has not come even close to recovering post FTX
the RSI on the daily does have a bearish divergence so some correction could be in the next few days.
however on the weekly time frame you can see a bullish divergence meaning bigger moves in the long run
i followed reef very closely pre FTX and it had very bullish momentum with considerable gains, i definitely would keep this crypto under a close eye in the near future. the possible returns are +100% at least as the final pump before FTX hit the 0.008 mark with signs of going further.
DYOR, I am new to the crypto world so trade at your own risk
Good luck and happy trading
Hit the boost button if you agree or let me here your thoughts
