Welcome to this quick REEF/USDT technical analysis .
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- REEF/USDT broke out the huge cup and handle pattern already retraced it
Entry:- CMP and more upside the 50ma
Stop loss:- 0.29500
Remember:-This is not a piece of financial advice. All investment...
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
- 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...
#REEF/BTC TA Update:-
#REEF currently trading at 50 Satoshi
And as per chart now Trading at very bottom area.
I am expecting huge return from #REEF in coming days.
Accumulation: 43-50 Satoshi
Targets:- 58/94/120/160/200 Satoshi
Stop Loss:- wait for my Updates
First need to break out 58 resistance level.
After it will fly towards our targets.
Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.
Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all...
Following The DOT polkadot news on parachains next month I foresee good growth on the ecosystem and related projects
On the chart I put some notes with some ideas regarding resistance levels and targets.
Purple ascending channel nicely showing the uptrend continuation as well as fib retracements and extensions in confluence
White trend line also just for...
The fall in the price of the REEFUSDT pair began a week before the general drain in May in the crypto market. Then the first wave of the fall was -70%.
However, there was also a decent rebuying from buyers by +120% in 4 days , most likely, then the trigger for such a strong rebound was the news of the launch of the Mainnet by 28.05.2021
As soon as the news...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...