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P_S_trade
Feb 22, 2021 11:21 AM

REEF 12h First idea and global markup of future movements 

REEF / TetherUSBinance

Description

For a long time, you asked that we consider REEF, but still, our hands did not reach the analysis.
we need to make the first idea for REEFUSDT. Considering that REEF is a DEFI project and DOT's protégé is made in the Polkadot ecosystem, the first thought that comes to mind is that it will really grow like DOTUSD?

To answer this question, let's take a look at the graph.

Perhaps there is a bright future behind this project, but most likely we will have a long-term correction and global consolidation ahead.

The project is young and has been trading recently, and in order to pump it well, it needs strong players to come in, and this will take time - everything is interconnected.

The verdict of further price movement REEFUSD will take the level of $0.0505
From him, we have expected either a rapid x2 growth or a long 60-70% fall in the price value.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Comments
FXtrades-gp
I don’t really follow this market, but I definitely agree with your analysis
P_S_trade
@FXtrades-gp, thanks
CobraVanguard
amazing Analysis
P_S_trade
@T_V_TreeTrader, thank you
Mihai_Iacob
Nice, Nice, Nice!
Great job!
Thanks a lot for sharing your hard work
P_S_trade
@OptimoomFX, you welcome)
caldooninvestment
Nicely explained! 👍👍👍
P_S_trade
MBM_Crypto
Reef Has been doing nothing but retracing lately. It did breakout out from the falling but couldn't maintain its momentum due to Bitcoin. I really hope Reef performs better in the next crazy alt coin cycle. BTC just needs to decide where it wanna head first. Sideways movement for bitcoin would be nice :D
P_S_trade
@MJI786, agree)
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