L2 Scaling BubbleThis season I expect the majority of capital to be thrown towards solutions for scaling ethereum and other blockchains like dot, with a few primary contenders sticking out; OMG, CELR, MATIC and RAIDEN.
Raiden however would have to be one of my most favored projects; and one I see with huge potential (an easy 600%).
Targets: Moon.
Raidenbtc
RDNBTC formed bullish Shark | Upto 16.5% bullish move expectedPriceline of RDN / Bitcoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001617 to 0.00001563
Sell between: 0.00001691 to 0.00001825
Regards,
Atif Akbar (moon333)
Raiden Network Token (RDN) - Discarded IdeaI usually ignore hidden divergences when a trade setup is good. However, this an interesting exception. The previous swing high that forms the divergence is at a critical S/R level (Red Line). See, I do not draw my S/R lines the traditional way -by looking at price action alone-, I also take into account market volatility. Thus, when the hidden divergence is formed from this level, I'm gonna listen to it. It is my personal way of filtering an otherwise flimsy signal.
For this reason, I will wait for price to reach and break the red line before entering a position.
Daily Bullish Signal $RDN #RDN RDN/BTC (17 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
