Panjang

[55%] (LONG) REEF / USDT

Reef lost 38% of its value in 10 days. "the time to buy is when there's blood in the streets."

Analysis :
- triple bottom on the RSI support
- We can break the resistance of the yellow triangle before touching the support of the canal
- Second resistance 0.04$ - 0.042$

Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings.

Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.
DEFIdotecosystemHarmonic PatternsTechnical IndicatorspolkadotREEFREEFBTCREEFUSDreefusdtTrend Analysisyieldfarming

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