Reef is looking very good for a LONG position right here.
REEF sits exactly at support level.
ENTRY: between 0.024-0.025
STOP LOSS: 0.02063
TAKE PROFIT: 0.05616
*NOT FINANCIAL ADVICE* *DO YOUR OWN RESEARCH*
you know when it happens twice then its gone happen for the third time (look at the yellow highlight) , reef is going on a up trend channel and we should see the top again
" ALWAYS USE TP AND SL , THIS DOESN'T MEAN THAT YOU DONT TRUST YOURSELF "
Here's a quick Look at REEF 4 hr chart. As we can see, the price has been forming a bigger descending triangle and we could see a bigger break either way soon - BTC just need to get stable! Definitely one to keep an eye on.
The best entry would be, when the price breaks above the descending triangle with good amount of volume ....
Make HH twice, confirm REEF is bull trend
Dont miss it
REEF will EXPLODE SOON!
Please use my IDEAS for your SIGHT, do not copy 100% from my chart
Line on my chart is cluster and projection from the fibonacci
WOW TODAY WE MAKE 4 IDEAS
Im so happy can SHARE with you guys!!
Lets make profit together
Hello my friends . Once again, I bring you a very strong analysis with the Elliott Waves Strategy (Robert Miner style).
Reef is another good digital currency on the market. According to the analysis, it is in wave 3 (blue) from wave 3 (red) and also the price is at the point where the static and dynamic resistance and the Fibonacci ratio (62%) (end of wave 2...
Reef is looking good. There are three weekly bottoms now which MAY not be broken. All the same be ready to hold long if it turns bearish eventually.
We may need to wait and see which of the two arrows Reef follows. Confirmation in about few weeks time now shall determine.
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 $0.03 zone are strong support zones and possibly the bottom of this correction that we can buy.
♻️Condition : If 1-Day closes ABOVE 0.034$ zone
🔴Buy : 0.034
🔴Sell : 0.045 - 0.055
♻️Condition : If 1-Day closes...
A Reef analysis for you. Requested by fellow trader @tview313.
Reef is a DeFi platform, built-on Polkadot, providing a more efficient alternative to ETH and offering broad integration with other protocols.
The Fractal is showing potential price action, while the Fibonacci levels give you and idea on potential targets to keep an eye on.