One last bounce of the 50 EMA?
Updated
In the past few weeks RDD has bounced off the 50 EMA.
Will it happen one last time before falling well below?
I really don't see much more than 104 and an entry point of 90
As I said in the past, this coin is definitely in a downward spiral so don't expect much more than a quick 5%/10% profit ...
Will it happen one last time before falling well below?
I really don't see much more than 104 and an entry point of 90
As I said in the past, this coin is definitely in a downward spiral so don't expect much more than a quick 5%/10% profit ...
Comment
Looks like RDD does not even have the legs to bounce back up.Historically it does bounce ... but when is a mystery, I will keep watching it for the next day or two before calling time on that coin.
Trade active
It would be really interesting to see if RDD will bounce back after the BTC correction...If it does, then I, for one, would be rather surprised.
But I have a sell order at 102 and 104 ... I mean ... why not?
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