REEFUSDT trade ideas
REEFUSDT Daily chart , big bull moves in coming days!After it breaks the trend line and the resistance can be a good position to enter long
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.
The top 148 cryptocurrency on coinmarketcap.com
REEF will move soon!Here's a quick look at REEF 4 hr chart. As we can see, the price couldn't break through the resistance zone and came back down to 0.037$ where we saw a bounce. Now the price needs break above the blue triangle before we can build some momentum again. The crucial level to break above is 0.04$.
Note: Look for some volume to come in when the price breaks out from the triangle as confirmation.
The idea is: Buy the breakout from the triangle or at from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 0.049$
2. 0.053$
Profits can be taken in the resistance zone as well
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BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
REEFUSDT Long PositionI've long on Daily fibonacci support, not using high leverage as my targets are high.
REEF UPDATEDrew fibs from the impulse, Pretty much DEFI will be inputted soon. Get ready for it to make new ATH. Very low cap market
[Watch it] REEF close to short term support areaWith a supportive Bitcoin REEF may look for a short term bounce in order to test resistance once again.
Watch support, look for hints of a breakout in case of a further test of resistance.
EDiCrypto | REEFUSDTThis is just a simple painting , no more no less ... Do the right job with your knowledge !!!
Water Splashing MTB Special Setup for REEF.This is one of the most legendary bullish setups.
When this happens, price splashes to the sky after touching the back wheel.
Krusty Krab is now accepting REEF as payment method.As ALT Season is starting, Mr. Crab has announced on his official twitter account that will be accepting REEF as payment method.
Great news for the project!
REEF.USDT (Y21.P2.E1).1 OF 2Hi Traders,
As per chart, and with the support of the indicator, we have point E of a Descending Triangle formation
or E with a symmetrical triangle formation.
At this point, we need to watch the candle stick formations, looking for a reversal combination
The other pivot point of E, opens the door to becoming a top reversal structure., top formation.
All the best,
S.SAri
