Reef/USDT: Riding the Waves of a Successful Rectangle Breakout!Exciting news, traders! The Reef/USDT pair has officially broken out of its consolidation phase, and the bulls are taking charge. It's time to ride the waves of this successful breakout!
REEFUSDT trade ideas
#Reef#Reefusdt
The falling wedge pattern has finally broken out, which is a bullish signal. Indicators are also showing bullish signs, and there is a lot of volume coming in. If the breakout is successful, we can expect a 300-320% bullish wave.
REEF/USDT Break the Major Falling Wedge, Bullish Momentum ??Yello Paradisers, get ready for some action!
💎 REEF has successfully burst out of a significant falling wedge pattern, signaling bullish momentum and paving the way for further upward strides.
💎 The likely scenario is that the price will first retest the resistance, converting it into a support level before resuming its upward trajectory. REEF is poised to potentially reach a strong supply zone or a bearish Order Block, especially given its validated breakout on the hourly timeframe.
💎 For those who prefer caution, waiting for a daily close before entering a position in REEF could be a prudent move. Alternatively, you could seize the opportunity now.
💎 Be mindful, however, that if REEF breaks and closes below the key support area, this would invalidate the current bullish outlook. Stay alert for more updates! 🌴
REEFUSDTLong-term descending channel midline breakdown
Above the upper Bollinger Band line
The Moving Average 7 is below the candles
Volume is increasing significantly
$REEF got some notifications for high volume on this
longed this with a stop below yellow
reclaim 200 ema on the daily then get moving quicker
risk is tiny compared to if it does play out so gonna let this either stop me out or go the whole 9 yards
REEF at the Weekly Chart - REEFUSDTBINANCE:REEFUSDT
Reef on the weekly frame looks bullish with 3 main targets and resistance at the same time for mid-long term : 0.002600$ - 0.007295$ - 0.013790$
If the market drops under any condition, we will start looking for the first support at 0.001380$ and the second weekly support at 0.000875$
Don't forget the stop at entry after first target.
Disclaimer : Do your own research and trade at your own risk.
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REEFUSDTmonthly Tf and a nice breakout you can buy with correction and hold for midlong term investment
everything is clear and DYOR
NFA
Will update it later
Reef and targets for bull runI think Reef can reach 900 millions market cap this cycle, maybe even more. BINANCE:REEFUSDT
Possible Targets and explanation idea
➡️100% coins in circulation supply. 0.04 cents with 900M market cap realistic target
➡️This target will be exactly 0.618 lvl by global fib from end of bull run in 2021.
➡️Now we are trade in 27 zone accumulation phase. Tested 0.5 lvl by fib of range
➡️Price also at this current moment under fundamental value of Reef (last line on weekly by Take profit indicator)
➡️Based on Money Power indicator you can find out zones with blue lines where whales accumulated a lot of Reef. On weekly we got MACD and RSI confirmed divergencies - bullish signals
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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Reef💪The situation is as follows, everything really looks great. the goal is where we will confidently be. this is ~0.012 this is 100%🔥 Further depending on the circumstances.
🚨 Trade Alert: REEF/USDT (3-5x)🚨 New Trade Alert 🚨
✅ REEF/USDT (3-5x)
📉 LONG Entry Zone: 0.00164 - 0.00173
⛔️ SL: 0.001567
🔒 Breakeven Move: When it moves close to TP2
🎯 Take Profit:
Short Term: 0.001754 - 0.0018 - 0.00185 - 0.00190 - 0.00195 - 0.00201
📝 Ensure you set entry orders to balance the trade's entry and aim to secure 30% of profits within the first two targets. Once profits are gained, adjust the stop orders to match the entry points or break-even levels.
⚠️ Disclaimer: Historical earnings cannot assure future outcomes. Is there a potential for risk? Certainly. The entire financial market is susceptible to uncertainties; any underlying factor or abrupt shift in market sentiment could overturn the current market trends and lead to losses. Refrain from undertaking undue risks that might jeopardize your financial stability. You are under no obligation to engage in this trade; kindly avoid the trade if you disagree with the trade analysis.
GIS TRADING®
REEFUSDTBroke two patterns(Rectangle and Falling wedge) and retested it as a support. Looking good for a quick scalp.
Reef Pump 2000%Hello, everyone!
Recently, I was looking at various coins in the market and came across Reef. Started analyzing the project and found that it's a project that nobody needs, like 90% of other coins 😁
However, there are still factors that caught my interest in considering this token.
1️⃣ Firstly, of course, the project's tokenomics - everything looks great, like all the coins on the market.
2️⃣ Secondly, the project has a low capitalization.
3️⃣ Well, thirdly, the coin is traded on Binance Futures, which can provide fuel for growth.
There are also many fractals indicating potential growth.
I've marked all these target indicators on the chart and am taking positions.
✌🏻May luck be on your side)
REEF INCREASE VOLUMEThanks for reading, remember that this update is not trading advice.
REEF seems to have a new break volume.
GOLDEN CROSS AND WEDGE BREAKOUT ON REEFAs you see the trendlines are broken and there is a golden cross on REEF chart. it suggests an over 100% rally for this token.
good luck everyone
REEF Next Support & ResistanceREEF Next Support & Resistance
0.001258
0.001336
0.001603
0.002269
0.002744
Bullish scenario on reef. 100% gain from lowsI want to see reef break past the both resistances and above 0.002 towards 0.0022
ReefReef (Reliable, Extensible, Efficient, Fast), which is a Layer-1 blockchain for DeFi, NFT, and Gaming. Anyway, Reef has been in a downtrend for a while. We have to wait and see when Reef breaks the downtrend line. Let's see what happens.
Reef will squeeze shorts, get ready Reef is getting ready to pop. Reef hasn't had a relief rally in a while. This could heat up quick
reef 2024hi . i think this channel is valid yet and price is in the bottom of the channel . after break the red line price go up and aim price in long time is 0.0075 . i suggest when reach 0.0075 just sell your tokens. sorry for my weak English :))
REEFUSD another bearish chartWhy will reef coin simply fall apart in the next months and the price will reach new lows?
Now, as we see we have new descending triangle with possible target of 0.0007usd.
There is no good news here. To much optimists here...
Reef never had a bull runReef is an anomaly because it never had a true bull run. It launch and never actually ran up. The price just went down and has been consolidating. Though when you zoom out you realize its just one big consolidation. Would not be surprised to see this rocket higher next bull run. The longer the base the higher in space.
