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. ...
Falling wedge pattern on the REEF chart. Low-risk buy is around 0.00000060 - 0.00000063 Targets are mentioned on the chart.
reef been consolidtaing for a while now could be a nice breakout
📈#REEFUSDT ➡️Entry: 0.032$ 🎯Target 1: 0.044$ 🎯Target 2: 0.056$ 🎯Target 3: 0.071$
looks like a symmetrical triangle in an uptrend. let me now what you think in the comments
Looking again at Reef since it entered the existing rising/symmetrical triangle on Feb 28th. Now with redrawn support line since market correction on 5th April. The previous support line is the dotted red line. Both lines fit well. Since entering the triangle, Reef has been above the 20MA for 25 of the 40 days, performed slightly better than BTC, and is up approx...
Reef will go up, don't panic sell. 3X gains are still valid. DCA . It is on sale and it is the best price to buy it.
Reef is forming an ascending channel, hence creating a long opportunity. Keep a stop loss right below the support line.
The chart talk with u, u dont need my advice about it😉🍻💸
bouncing off support are we going for a breakout or weilkl we fall through support
A hard working team is the beginning of everything. Reef is a DeFi platform built on Polkadot that aims to offer cross-chain commerce. A return engine and a smart liquidity aggregator are among the project's offerings.
REEF has been somewhat ranging the past couple of weeks. Today it seems like we could have a nice buying opportunity. - Touching 4H trendline - Double touch on the 0.5 FIB - Touching both 50 & 100 MA I would set my stop loss just below the golden pocket and the target below the most recent high around $0.05
REEF HAVE 2 SCENARIO FOR LONG POSITION
Volume increasing with good price movement. Looking for either measured move or move towards top of range for 15-30% upside. Entry on 4h retrace for lower risk.
Volume increasing with good price movement. Looking for either measured move or move towards top of range for 15-30% upside. Entry on 4h retrace for lower risk.