TheDeFiPool

REEF Ascending Channel

Long
TheDeFiPool Updated   
BINANCE:REEFUSDT   REEF / TetherUS
Things are starting to ramp up with REEF. Denko made an announcement on twitter this morning "Unveiling something interesting for Reef fam tonight!👨‍🌾". Can we say LP/Farm on the REEF platform? As you can see the ascending channel we are in. We had a fake breakdown but notice no volume. You want to watch the volume when we see such price movement to see if it's sustainable. Some great bullish volume with price appreciation. We are still long on REEF and still accumulating at these prices. Still looking at the $1 price point by the end of Q2. As always, do you own research as this is not financial advice.
Comment:
Starting to see a nice support at $.042. Also accumulation going on. Initial REEF 6 month bond sold out within hours. We are long term HODL with REEF. Still good price point. If short term trader, watch volume to correlate with price movement. Good luck to all and remember this not financial advice. Do your own research.
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