REEF...USDTDue to the failure of the downward channel, it is expected to increase in price as much as the height of the channel.
REEFUSDT.P trade ideas
Good buy zone for 3x at least on ReefThis project has a good potential to grow IMHO.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments, questions and thoughts below!
REEF oversold on strong support area Reef chain is an EVM compatible blockchain for DeFi. It is fast, scalable, has low transaction costs and does no wasteful mining. It is built with Substrate Framework and comes with on-chain governance.
Now REEF is oversold at a strong support area.
We might see a bounce from here.
FEEF Token Analysis 15/04/2021Fundamentals:
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.”
Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.”
When it comes to Reef’s unique attributes, one is linked to how any DeFi protocol can integrate into its operating system. Users can enter and exit into their chosen positions in a single click — and removes some of the hassle associated with managing liquidity pool tokens.
Because of how it has been built on Polkadot, Reef is able to support DeFi protocols on Avalanche, Moonbeam and Plasma, as well as on Ethereum and the Binance Smart Chain. As a result, Reef users have access to a broader number of platforms without requiring multiple accounts and a myriad of usernames and passwords that can be difficult to keep track of.
Reef was founded by Denko Mancheski. His motivation was to remove technical barriers to entry for retail investors who want to get involved with DeFi — and offer a straightforward decision-making process that takes a user’s appetite for risk into account.
Mancheski wanted to help crypto newcomers overcome the complexities associated with using order books, and enable them to learn how different protocols work with ease.
Born in Macedonia, Mancheski said that his passion for fintech led to him being introduced to blockchain technology. He has described forming a competent team as the biggest challenge associated with bringing Reef to life.
When asked about the personal attributes that will help him become a successful entrepreneur, he added: “I have a very addictive personality — I just can’t stop doing something until I get to the imaginary goal that I set for myself.”
Mancheski previously worked as a chief technology officer for Adel, a global crypto community that serves as a “technology incubator for blockchain innovation.” He was also appointed as CTO for Viewly, a social video platform without advertisements.
Technical Analysis:
there exist a Hidden Bullish Divergence of price and MACD Lines i.e. the bullish trend will continue as it show the ReAccumulation and price move up
there total of 4 targets defined by Fibonacci Projection where as we may have ample of Retracement in between
on TP we may have Distributions and Price Corrections.
3 TP gest it confirmation as the price Triggers the 2 TP followed by some price correction and Distribution.
REEFUSDTThis all support and resistance for REEF coin follow the daily candle close
and if somebody need me to analyze for him any coin write it in the comment
good luck to all
REEFUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 0.022 and 0.0255
after first target reached move ur stop to breakeven
stop:under 0.016 (depending of ur risk). ALWAYS follow ur RM .
RR 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
REEF/USDT Long TermREEF broke and retested both of price and RSI down trends. Also, it is going in huge triangle in daily period. SL is 1,5 ATR and profit-loss ratio is 3.
REEF/USDT LongLONG
if
retake 0.016?
/retake is possible (or not), but even current
price looks profitable/
TP1 ~0.029; TP2~ 0.038
SL ~ 0.0145
REEFHi everybody long time noo see. Reef reef is above major support. The risk remains for bitcoin. You must use stop loss.
REEFUSDT is testing the daily resistanceREEFUSDT is testing the daily resistance.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
reefIt is on the bottom of the ascending channel and Trigger Price Action has activated itself
It can go down to the bottom of the canal, but overall it is a long-term uptrend.
REEFUSDT-LONGThere is a long position in REEFUSDT Reef
REEFUSDT Reef
🔵Long Now or set on Key Level 0.02110
🟢Target 0.02215
❌Stop loss 0.02070
#K_Level
Please support our activity with your likes and comments.
REEFUSDT 1D CHARTThe price broke out of a descending wedge and has retested local support. The support wasn't broken, which indicates a strong presence of buyers. The price is expected to test resistance at 0.24 zone first. If resistance at that point is broken, then there would be a further move to the upside.
Entry: CMP. 0.21
Targets: Short term-0.22-0.24
Mid/Long term-0.26-0.38
SL: 0.197
This setup would be invalidated if the daily candle closes below the support zone.
REEF/USDT Breakout and Retest done so Now Ready to 500% up move?#REEF/USDT TA Update:-
$REEF currently trading at $0.0204
As per chart already broke out Resistance and Tested Retest level at Support.
Now..?
Now I am expecting Big move from here and I am expecting 500% gain from here in Near months.
High Demand zone is Best Entry zone.
Accumulation area= $0.0170-$0.020
Targets:- $0.0370/$0.0.07/$0.1
Stop Loss:- $0.0160
REEF breaks its downtrend for price and RSI. Recovery ahead?Reef Finance finally broke out of its latest downtrend that now lasted over a month.
The support around 0.0165$ held and we got a nice bounce that pushed us through the downtrend trendline.
Next resistance lines are at 0.036$ and 0.05$.
We spot a similar pattern on the RSI where we expect the next resistance to be around 70.
Currently 16 billion REEF tokens out of 20 billion are in circulation.
This is good in terms of inflation risk, meaning there is basically none.
The current price level looks like a nice entry for a long position.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers Ctumbler
REEFUSDT is testing the daily supportREEFUSDT is testing the daily support and the price is creating a descending channel on 4h timeframe.
IF the price is going to have a breakdown, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
REEF Dream ChartThe Reeffinance project is a good cryptocurrency. It has been on the decline for a long time. This is my dream chart. It contains only my opinion. NOT FİNANCAL ADVİCE / YATIRIM TAVSİYESİ DEĞİLDİR.
REEF almost bottom and potential to increase 250%DCA is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment.
