Long
Updated

REEF Breakout Soon

1 757
We are starting to see the price spread tightening up as we draw closer to the end of the pennant. We are seeing resistance at $.046/$.05/$.052/$.055. If we can break/sustain above $.055, then we can start looking at $.06 plus. As always do your own research as this is not financial advice.
Note
Great video on the REEF UI...must watch!
youtu.be/3y_0CkoxSGc
Note
We saw a potential breakout/up but no support volume to start the push. Breakout/down with volume outside the pennant.

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.