reefusdt is at a good support level after an acceptable and minimal correction. Now, after breaking the 4-hour trend line, we expect an acceptable profit.
I'm following the breakdown for Reef. I see the indicators positive
REEF has breached the lower boundary of the big value area. The price is now inside this area and has tested the lower boundary as support. This is a good signal. The first target is the middle of this area. The second target is the upper boundary of the big value area. But it is worth mentioning that bitcoin has grown very strongly and in case of a correction...
REEF is increasing quite strongly in the past few days and it is about to start a new rally to $0.045 and $0.055 zones. The $0.034 and $0.03 zone are strong support zones and possibly the bottom of this correction that we can buy. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.034$ zone 🔴Buy : 0.034 🔴Sell : 0.045 - 0.055 📉BLUE PLAN ♻️Condition : If 1-Day closes...
reef may repeats previous movements,be cautious another pike below 200 ema support ,over 0.040 price can make another parabolic movement
Last REEF trade went well, so I'm looking at this next entry - Bullish structure on the daily - Bounce on strong support - Bounce on 50 EMA Conservative target @ 1.618 FIB Aggressive target @ $0.49 (daily resistance) Happy trading y'all
Reef is undervalued and insane in pumps! Personally, will not enter with a large amount here due to possibility of bitcoin falling and the orange scenario. so please make sure you buy after breakout. This guy will be so bullish until that uptrend line is broken. If orange scenario occurs I'll buy the dip :)
another reef scalp setup,open position when price drops below 200ema,otherwise wait for retest of flag's res
REEF is sitting at a very strong supply zone here with a horizontal trendline, breaking out of this with volume will be really bullish and will take us for the next supply zone where we had the previous ATH! All eyes on REEF, it has been the slowest mover of all!
Intro: - Reef Finance tries to become one of the most used blockchains for DeFi. It's fast, scalable and has a low transaction costs. Reef Finance is build with Polkadot Substrate and comes with on-chain governance. - SEC confirmed that crypto will not be banned which is positive for the whole crypto market. - DeFi projects appreciated a lot of attention during...
Many people have asked to analyze the REEF coin. On the chart, you can see a big value area. The price has tried several times to break through the lower boundary of this area, but so far without success. There are two scenarios at the moment: - Either the price will return to the resistance level, squeeze and then break the resistance level. - Or the price...
we are in a critical time zone for reef.... resistance of channel midline and price cluster can obviously push the price and band it to grow more and all things possibly cooperate to start new downtrend
Intro: - Reef Finance tries to become one of the most used blockchains for DeFi. It's fast, scalable and has a low transaction costs. Reef Finance is build with Polkadot Substrate and comes with on-chain governance. - SEC confirmed that crypto will not be banned which is positive for the whole crypto market. - DeFi projects appreciated a lot of attention during...
I am very happy because my all given targets are successfully achieved see old post below
My previous analysis was correct Rogel Reef continues this process
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