On the above 4-day chart price action has collapsed 90% since the sell signal (not shown) from September 2021. A number of reasons now exist to be bullish, including:
1) A strong buy signal (not shown).
2) Price action & RSI resistance breakouts.
3) Regular bullish divergence.
Is it possible price action moves lower? Sure.
Is it probable? No and...
Hi guys , as you can see in the chart that there is a cup and handle pattern forming
*It's a spot swing trade
Entry1 : 0.003
Entry 2: 0.00293
TP1 : 0.003150
PLEASE LIKE MY IDEA AND FOLLOW ME FOR MORE STRONG SIGNALS
Hello, dear TradingView members.
This idea is a REEF analysis.
REEF just got rejected by the solid resistance and now got support from local support and the middle Bollinger band.
There are two possible scenarios:
The price will get local support and head back to the resistance area.
The price will fall on the lower Bollinger...
REEF : INCREASE TARGET
There is more reasons why Reef can increase to this target.
One of the reasons are on the cycle trend.
After successfully hitting the target of MRK, Reef having a new target for coming time.
we will follow this target with updates.
Know that targets can take some time.
REEFUSDT has been in a bullish trend .
Currently, the price is trading near rising support which is well respected by price previously.
The 200MA is also keeping the price hold above key levels.
The bulls are in control as long as price is trading above rising support.
Bears will get control below break of rising support.
Trade your levels accordingly.
Price could not pass resistance...
Now bear flag is here....
It means it will go down...
Reef - coin because of which we waste time...
My predict to at least 0.0035usd and then probably to all new low...
Hi dear friends, hope you are well and welcome to the new trade setup of Beefy Finance (BIFI) with US Dollar pair.
Previously I shared a long-term trade setup for Reef, which is still in play as below:
Now on a 4-hr time frame, REEF has almost completed the final leg of a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to...
The reef is heading towards in support area and hopefully will take another bounce from support. Please wait for the support area to take entry.
Entry point (support area), SL, and TP are mentioned in the TA.