REEF Fall down from main fibo 0.618 and now playing BULLISH STRUCTURE ALL TRAGETS ARE WRITTEN IN THE MAIN CHARTS ENJOY
Reef broke the downtrend line 1st target is around 0.02150 and second target is around 0.03750 stoploss is below 0.00750
It's hard to ignore the clear zigzags throughout this entire build since late January. I can see this is still going on. My macro view is still bullish. See lows are still possible
The previous high of REEF was a perfect retracement from the golden zone of previous wave. Expect the same for this wave too. If everything goes right, it might give 100% returns.
as we can see trend line is being followed for now, if BTC stay strong , then we can see a good rally in reef finance.
technical analysis on reef usdt may break the long term resistance and ready for the breakout
Hello Traders👋 Today I have made a post on REEF /USDT 1h I hope you find this post helpful and informative
Reef is going to break its trend line. Keey an eye on it.
can be a long after upper resistant breakout . NOT A FINANCIAL ADVISE.
here are i predict reef so please this is my prediction . so lets see what heppend in this trade
With a lot of projects coming up and listing on some exchanges I think ill be able to touch my 1s target ($0.0353), also because there is a falling wedge pattern formation at HTF i.e daily
Reef will soon breakout and head and shoulder pattern and will move in upward direction
scenario 1: a rising triangle is formed at the intersection of the Blue ray and the red ray. if he closes this place with 2 candles for 4 hours, the direction will be up. Scenario 2: there is a symmetrical triangle at the intersection of the yellow ray and the White Ray. If he closes 2 candles for 4 hours above the Triangle, the direction is up. Bollinger Bands...
Have a look at my chart, hope it won't bad. Good luck to me
Next daily move will be higher high so grab some and hold with patients. You can only loose if you sell out of fear. Hold tightly to targets and you win. 2months hold tight
On the first day itself, Reef had a huge volatility in price movement. Since then Reef has been trying to get to atleast 38.2% Fibonacci retracement but and failed multiple times. We also noticed that the support area has been tested multiple times and there was increase in the volume too. Reef tried to break its second lower high but couldn’t sustain Bearish...