REEF is getting ready for more upside. showing seller exhaustion on the 4h macd , it should break the triangle and minor resistance around $0.0405, which should take price up to the next resistance at $0.0439 Once it breaks that resistance it will be smooth sailing up to $0.056. The eventual target is at $0.065 the length of the triangle.
@jimbudan, always expect a retest of the breakout to confirm new support lvl. That's also the time you should take a position once support has been confirmed.