Daily Ladies and Gentlemen today we are looking at Reddcoin’s price action. Starting w/ the daily we see price was recently stuck in a consolidation (0.00000053-0.00000063). April 10th there was a breakout, on the 12th of April price came back retest the consolidation zone for support. A daily close above 0.00000075 and expect like to MOON.
4hour Shifting over to our pattern timeframe we see a bullish pennant forming and getting ready to breakout. A 4hour close above 0.00000075 and RDD will move. Stochastic RSI showing bulls are in control. 2nd entry after clearing 0.00000078.
Hourly *No entries on hourly, higher timeframes analysis only*
We spend our days following the patterns, technicals and essentials of the present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins, and burrow through all the messiness to discover just the best data for our perusers! In the event that you need the best cryptocurrency to buy / news conveyed straight to your inbox.
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.