#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.
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...
Well we managed to reach again 58-59. Which is very positive for Reef. If Reef will hold above 54-55, then I belive we can go forward very fast to 65-67. After that it can be blast off to ATH. All above ATH is for Reef price discovery which can easily go to 200 in my opinion. Im holding for now and I stay positive because BTC is going down and REEF is going up!
REEF is in a descending channel and in accumulation phase for 8 months now, sooner or later we will see a rise in price. Reef Community is strong and we see that in the last week Reef volume is increasing fast, something is about to happen soon (Keep an eye on BTC this week). If BTC continue the bull run we can expect Reef to perform well
Parachain auctions impending Oct15 onwards. Reef just needs to hold 55 on weekly to remain above 20W MA, already well above 8W MA.
If BTC holds in current range, I can see some big moves to the upside for REEF.
Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
The bitcoin dominance is falling as per my chart and I believe alts will do good within the last quarter of this year.
September could be the best month...
I like reef so I've been buying
This is my basic analysis of price profections vs BTC pairing
Looking at the correction from initial listing, bottoming against btc and recovery to last high. Drew a fib to get the .786 and .886 levels. Expecting the lowest potential level at the .886 and I have more buy orders there.
Looking conservatively at a Fib extension for...
REEF/ BTC TA Update:-
REEF currently trading at 67-68 Satoshi level.
guys I posted a signal before these hard corrections n I mentioned for u that this is so strong support level for REEF. (link in the related ideas below this article)
it hit our first n second target when we posted ago, congrats to whom followed us.
now it is down near the support again, time...