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.
Comment:
*Not financial advice and is for educational purposes only. Always DYOR.
Trade closed: target reached:
Target of $0.05 reached today.
