Reefy pump/dumpGood day to trade, folks🔥
There is one more trade opportunity on crypto market.
Symmetrical triangle on REEF/USDT crypto pair.
Previously price had local bullish sentiment.
It could be an interesting signal for bull traders.
According to Elliott Waves theory Wave D is done and now price is heading to Wave E.
So follow the chart and look for the best price to enter carefully.
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REEFUSDT.P trade ideas
Reef's Possible PatternsReef went down significantly today due to BTC's dip and went past a previous level of support. on the long term pattern , it seems to be showing bearish signs if it doesn't break out before June 16th.
We can also observe a Symmetrical triangle pattern in purple that has formed which could go either way with a possible profit/loss of 0.0215 of its total value judging by the max height.
If it breaks the triangle's upper trendline and shows signs of bullishness , we could expect it to be in some sort of channel which could be profitable for short term traders . buying and shorting near the green lines
If Reef keeps going and reaches the end of each triangle's Apex , then this would all be voided.
Resistance zones : 0.045 / 0.05 / 0.06 $
REEFUSDT FOR HOLDERSbuy it in 3 steps and wait for a great pumping and take a good profit!
DO your Stop loss, be sure about breaking the resistance, and then buy it!
Drop some feedback below in the comment!
Thanks for your attention 🙏!
Trade well, ❤️
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REEF/USDT 200% Potential from here..?#REEF/USDT Fresh TA Update:-
$REEF currently trading at $0.0407 and this is good support level so I am start to accumulate $REEF.
Entry:- $0.35-$0.408
Targets:- $0.0514/$0.0806/$0.125
If break down this support then placed buy bid at $0.31-$0.35
If fill then very good entry.
Support:- $0.04/$0.035/$0.03
Resistance:- $0.051
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BINANCE: REEF/USDT🛒 Pair: REEF/USDT 🛒
== SPOT==
⏰ 1400/02/18 ⏰
🕰 08/05/2021 🕰
Duration:
📈 SHORT - MID📈
Ex: Binance
#183
🛒 Buy: 0.0410 - 0.0420 🛒
👉Sell Targets👈
🎯TP1: 0.0465 🥉
🎯TP2: hidden🥈
🎯TP3: hidden🥇
🎯TP4: hidden🚁
🎯TP5: hidden✈️
🎯TP6: hidden🚀
🎯TP7: hidden🛰
🎯TP8: hidden🛸
⛔️ SL: Closing Daily candle below 0.0355
Risky Call
Crucial breakoutAs you notice, a confirmation price around 0.045 that form a rising wedge and a breakout from descending triangle(2 solid red line).
If rising wedge breakout will go down, a possible support around 0.032-0.037.
But if breakout will go up, we will see a 0.045-0.048 resistance and a chance to hit also the strong resistance 0.058
Some whale bought $20 M in REEF during the SNL show.I can't post ideas in one minute candles, but if you go to this 15m candle and put the chart in 1 min, you will see this happened in just one minute.
This 5% movement represents that some whale invested around $20 M in REEF based on the current marketcap.
This is a very good new for our project, and the Saturday Night Live show purged it of panic/noob investors.
REEFUSDT Range High| Low Volume| RSI| PA Rotation Evening Traders,
Today’s analysis – REEFUSDT – trading within a clear range that has defined boundaries,
Points to consider,
- Price Action Ranging
- Range High Resistance
- Range Low Support
- RSI Neutral
- Low Volume
REEFUSDT’s immediate price action is correction within a range, directional biases are to be from range high and range low.
The Range High being resistance allows for a valid short as the current volume profile is quite low and the RSI being neutral.
Overall, in my opinion, REEFUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
― Yvan Byeajee
REEFUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price breaks the line once and starts moving up, and we intend to be able to move up again if it can go above the line again.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
REEF. Could we be seeing a breakout soon?REEF has been acumulating for weeks now. Still cautious, REEF still within the wedge. A breakout could allow a massive move up.
Thanks for all the support everyone!
REEFUSDT long viewHi all,
REEF seems to get approval for violating the descending trend. After this, i expect grow.
this is not a financial advice.
time to buy ReefIn case of pullback to the broken trend line, a buy position can be opened. Good luck.
Reef is moving closer to our targetRsi will break to the upside and price will move closer to it new ath. Reef is ready 🔥
REEF ABOUT TO TAKE OFF?W FORMATION AND RETEST AND RESUMPTION, IF WE LOOK AT THE BIGGER PICTURE, VOLUME 1.65 BILLION. I got it cheap when it was 0.029, I dont know you guys and as well the mainnet is coming out soon in May. Partnerships to take off as well. Market cap $555,236,582. The accumulation period was for three months, and you know what will happen when this happens. My future prediction is that this market cap will reach $5,789,543. Denko said that there will be token burn as well. When burning the token, it will help to push price up. Breaking out of the zone will be golden for reef investors. Do your own research.
REE-FI, DEFIA small risk investment in REEF wouldn't be such a bad idea right about now. KSI and Callux, I hope you're still holding XD
