REEF/USDT Long PositionBack in with another REEF trade.
With the big crash that came today, has presented with a great opportunity.
Still sitting in the uptrend that we've held for quite a while and bounced perfectly on support.
Tonnes of great fundamental news coming in the next 4-6 weeks.
Trade safe friends.
REEFUSDT.P trade ideas
THE DIP is going to recoverWe saw bitcoin getting liquidated, at this stage we are back into a range, dont get shaked out because of the btc dump. REEF is a defi platform which makes smoother transactions and integrations, the volume is still at 2 billion, which shows interest in this coin, dont be discouraged because of the draw down if you are spot trading, dont risk leverage trading. Not financial advise
Weekly Breaking Out, to the moon very soon:)Hello my Friends, REEF will got good target after a long time down
Possible targets, From 0.1$ to 0.3$ as a first targets :)
BREAKING BREAKOUTfinally, we are out of the triangle, and have entered in 0.236 fib zoon. bulls needs to take a drink before starting a new relly.
REEF/USDT BreakOUT Soon Bullish TrendHi guys, Here's a quick look at REEF/USDT 4H chart. As we can see, we tried to break the resistance and we failed the orange is the Strong Resistance level, White is the Bullish Trend, Blueline is strong Support. We are in a good trend we might retest the trend Support Line or we might try again to break the resistance. Everything seems good MACD 4H is positive.
I think we are going to try again to break the resistance level soon
If we break up with strong volume my targets are:
1: 0.45$
2: 0.47$
3: 0.50$
4: 0.51$
5:0.57$
6:0.60$ +
Supports level are:
0.422$ 9EMA
0.41$ 25EMA
0.40 50EMA
0.395$ 100EMA
0.39$ Trend Support
Trade Safely
This is not financial advice! Just my idea about REEF!
Do your own research.
If do you see a mistake or want to help, you can write in the comments.
It's my first time so take your own risk.
Not investment advice.
My ideas are only helpful and not advice to buy or sell, you are the decision-maker.
Reef - The Gateway To DeFi Hi Guys,
For those who have Reef coin in their portfolio know how valuable this project is. Every startup needs momentum to gain trust among investors, especially a startup that brings something new to the DeFi and blockchain ecosystem.
The Reef Finance project is attempting to create a platform that combines all of the various DeFi applications in one place, easing user access to the DeFi ecosystem. With Reef Finance it becomes possible to buy, trade, stake, loan and borrow a variety of assets in one platform! Imagine trying to create a system of bank accounts in a number of countries and different currencies, and then using those accounts to shift money around. It’s going to be complex and it’s going to encompass not only a number of banks, but also all the infrastructure behind those banks, which isn’t necessarily connected (such as SWIFT and IBAN).
A similar thing is happening now with DeFi. Currently there is a high bar for entry into the ecosystem. New investors are confused by the need to work with so many different platforms and manage wallets across all of them. The fear of making a mistake is real, and many stay away simply because of that.
In addition to the issue of using multiple platforms to accomplish many strategies, there’s also the inherent complexity in the technology behind the systems. All of this combines to freeze many investors, keeping them from participating. It’s Reef’s plan to change this.
If the project is successful, a bright future awaits it, and it will certainly attract more investors. Especially because the Reef Finance team introduces an innovative solution!
REEFUSDT on a symmetrical triangle 🦐REEFUSDT is moving between 2 converging trendlines on the daily chart.
The price is creating a symmetrical triangle and according to Plancton's strategy if the market will break above we will set a nice long order.
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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 -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
REEF USDT LONGREEF LONG,
Fundamentals are strong.
Graph is perfect.
According to 4EMA Indicator (Bullish movement)
Near Breaking of Triangle also Bullish in parallel line.
REEF TO SOARThe Finance Industry has treaded long in its accumulation stage. A Daily Close above the Resistance may push the crypto to 20Cents and more.
DISCLAIMER: TRADE WITH CARE. THIS IS NOT A SIGNAL SERVICE!
REEF in the triangleIt looks that we still continues in triangle and we are slowly reaching lost resistance levels back. The volume is increased doubled compared to the last week.
If BTC will continue growing up or doing sideway trading at least within up-comming two weeks, we can expect growing on REEF and retest 0.05 level again.
Let's see what happen with BTC. Stay strong and use stop-loss.
REEF Out of triangle What now? 🔔Hello Traders. I hope you are having a wonderful weekend.
Today I want to share my thoughts on REEF. Well as you can see in the 4H timeframe, price has broken out of the triangle and is ready to move to the
upper side. Targets and Stop loss are shown in the chart.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on REEF and don`t forget to comment what you think. ✌
BULLS on reefStarting to kick in with BTC rising, it will overtake previous resistance then turn support, next stop is 0.056
