Long
UPDATE: REEF Bullish for April & May - new ATH > $0.05
SUMMARY : Bullish, recent drop to $0.31 was great entry point. Dip was caused by massive BTC sell off.
-- Technical --
Accumulation in channel continues.
Resistance $0.05
Support $0.03
There is strong support at the $0.032 level and is still holding.
Bollinger Band 1D, candles pierced through the lower band and is an reversal.
-- Fundamentals --
Reef is DeFi for the Polkadot blockchain (DOT) and DOT is live with their Web 3.0 mainnet and growing utilitsation.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
-- Technical --
Accumulation in channel continues.
Resistance $0.05
Support $0.03
There is strong support at the $0.032 level and is still holding.
Bollinger Band 1D, candles pierced through the lower band and is an reversal.
-- Fundamentals --
Reef is DeFi for the Polkadot blockchain (DOT) and DOT is live with their Web 3.0 mainnet and growing utilitsation.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
Note
*Not financial advice and is for educational purposes only. Always DYOR.Trade closed: target reached
Target of $0.05 reached today.
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Disclaimer
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.
Related publications
Disclaimer
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.