BINANCE:REEFUSD   REEF / US Dollar (calculated by TradingView)
REEF is looking like a solid long opportunity.

It is in a consolidating triangle pattern & volume has definitely been heavily decreasing over the past few days.

*Looking to breakthrough the 200 EMA & takeoff to around 0.056 & if that price level holds, then the next target will be 0.069 for 100%+ gains.

I believe if the Alameda Research fiasco hadn't happened a few weeks back we'd already be at those levels.

Aside from that, REEF has a solid future considering their Binance partnership & their DeFi Debit card that's being rolled out soon.

Comments

No doubt about it 👍,, good analysis
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