Radium (RADS)- Buy opportunity - Trend Reversal
Updated
Hi friends, thank you all for following along. You guys/girls are great!
Take a look at this daily chart of Radium.
We crossed MA50 a few days ago and stalled for a few days. We closed yesterday with a green candle and it is going well so far today, giving us an opportunity for a long position.
As long as we stay above MA50 line, we can comfortable with opening a long position as we are riding with the trend.
- MACD on all time frame supports upward movement
- RSI in the bullish zone and has room for growth
- We can ride the 3rd wave, which is often the longest wave.
- Entry should be placed below 61000 with a stoploss at around 55500
- Targets are the fib levels:
- 93500 (expect resistance)
- 134000
- 168000
- 200000
You can decide how much you want to sell at each target.
It might take weeks, or even months, to reach our higher targets.
Nevertheless, I want to emphasize this golden rule again: you never lose when you lock in profit.
---
Happy holidays folks! Please do support me if you are benefiting from these ideas! It is immensely motivating for me!
- BTC: 12L635hTz12ZcwBzdixwKyWYpkpUa5ve8p
- ETH: 0x05f171e02092ce9200779ace56ff1b1411e1ec26
- LTC: LTFr3Jp445vENZUZQopQPoqRgeSyGs36fe
Greatly appreciate all of your presence.
Trading can be a selfish and greedy thing, but as a community, we can foster each other! And blossom together!
I wish you all a prosperous end of 2017 and an even better 2018!
CH.
Take a look at this daily chart of Radium.
We crossed MA50 a few days ago and stalled for a few days. We closed yesterday with a green candle and it is going well so far today, giving us an opportunity for a long position.
As long as we stay above MA50 line, we can comfortable with opening a long position as we are riding with the trend.
- MACD on all time frame supports upward movement
- RSI in the bullish zone and has room for growth
- We can ride the 3rd wave, which is often the longest wave.
- Entry should be placed below 61000 with a stoploss at around 55500
- Targets are the fib levels:
- 93500 (expect resistance)
- 134000
- 168000
- 200000
You can decide how much you want to sell at each target.
It might take weeks, or even months, to reach our higher targets.
Nevertheless, I want to emphasize this golden rule again: you never lose when you lock in profit.
---
Happy holidays folks! Please do support me if you are benefiting from these ideas! It is immensely motivating for me!
- BTC: 12L635hTz12ZcwBzdixwKyWYpkpUa5ve8p
- ETH: 0x05f171e02092ce9200779ace56ff1b1411e1ec26
- LTC: LTFr3Jp445vENZUZQopQPoqRgeSyGs36fe
Greatly appreciate all of your presence.
Trading can be a selfish and greedy thing, but as a community, we can foster each other! And blossom together!
I wish you all a prosperous end of 2017 and an even better 2018!
CH.
Note
We are doing great since this idea was posted!You can reload at dips at your own will.
Good luck to all! Much love!
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