REEF has been in a consolidation zone above $0.034 for the past few days after seeing a brief dip below $0.03.
Now, it seems as if we are at a turning point.
As you can see on the chart, the white lines are the current macro consolidation zone we are in.
The green horizontal line acts as an equilibrium where we have previously seen several massive selloffs starts.
Now, we have held the uptrend on the 4H for quite some time now.
But, if we cannot close & hold above the green equilibrium line ($0.0369) then we will likely retest $0.03 or below before May.
This would likely be a time for a lot of manipulation from whales to extend their bags & expose the plebs.
Not financial advice but get your bread up or get fed up.
Now, it seems as if we are at a turning point.
As you can see on the chart, the white lines are the current macro consolidation zone we are in.
The green horizontal line acts as an equilibrium where we have previously seen several massive selloffs starts.
Now, we have held the uptrend on the 4H for quite some time now.
But, if we cannot close & hold above the green equilibrium line ($0.0369) then we will likely retest $0.03 or below before May.
This would likely be a time for a lot of manipulation from whales to extend their bags & expose the plebs.
Not financial advice but get your bread up or get fed up.
Closed above 0.0369 & shot up to the 0.04 range.