REEF have been held down by the trendline/resistance. And have failed to break above this line for so many times over and over again. REEF are now accumulating and have finally broken through the resistance. No big moves yet but i expect this one to move hard when it first start.
Bitcoin did make a pullback this other day and did pull most of the altcoins with her. I believe that REEF would have made a bigger move to the upside if we not had that pullback on BTC.
Lets not forget that REEF chain mainnet going live in May. If you like my charts please up vote them ,)
My charts are never a financial advice remember that.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.