Just hold and be patient, this is not the first time that we see the market doing this.
Go to binance and see the order book at 0.001 and you will see a big buy presure vs a weak and small sell presure.
24 H volume is very small right now too, this is a very good signal indicating that the crash got braked.
F2Pool is the main guilty here after a 3000 BTC...
in my opinion REEF doesn't have the momentum to break out. I'm waiting for the right time to buy. (bullish on long term)
I'm new to this so leave a like if you agree with my idea or let me know what you think!
not financial advice.
Falling wedge inside of huge reverse wedge, and and strange ichimoku anomaly seen on daily chart. This is very cool and trendy.
On balance volume also mimics reverse wedge and is steadily increasing. look for large volume spikes/influxes in the next couple weeks. Possibly see 15 cents in March.
REEFUSDT 1D-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Reef finance REEFUSDT
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Reef has been going on this uptrend for a while, since mid January.
It's also going down in this nice descending channel (blue) since its ath.
As long as it doesn't break this yellow trend line we're good to go.
If BTC doesn't go under 45k and ranges, I believe we can expect this scenario with Reef in the next two weeks.
Fib levels on the chart.
RSI shows a...
For a long time, you asked that we consider REEF, but still, our hands did not reach the analysis.
But since we have made a global idea for DOTUSDT today, we need to make the first idea for REEFUSDT. Considering that REEF is a DEFI project and DOT's protégé is made in the Polkadot ecosystem, the first thought that comes to mind is that it will really grow like...
In which direction REEF will go in the next days?
If we break below the key support at 0.024 , we'll probably see a downside move to the next support at the price of 0.019.
We have 3 potential bullish setups:
Move to the support at the 0.027 and then bullish breakout from descending channel
Move to the support at the 0.024 and then bullish breakout
Reef in this moment is on a bear trend and failed to break it again because of bitcoin...
It's probably going to test the macro uptrend, whos also within an buying zone/support (around 0.3)... Check for buying opportunities there.
Watch out for bitcoin, because if it breaks down, will drag reef down, and then we'll go down around 0.195-0.2
Not a trading advice,...