There is a possibility for the resumption of uptrend in RDDBTCTechnical analysis:
Reddcoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000055 to 0.00000046), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000055)
Ending of entry zone (0.00000046)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00000063
TP2= @ 0.00000069
TP3= @ 0.00000074
TP4= @ 0.00000079
TP5= @ 0.00000093
TP6= @ 0.00000113
TP7= @ 0.00000133
TP8= @ 0.00000196
TP9= Free
Rdd
There is a possibility for the resumption of uptrend in RDDBTCTechnical analysis:
Reddcoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000055 to 0.00000046), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000055)
Ending of entry zone (0.00000046)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00000063
TP2= @ 0.00000069
TP3= @ 0.00000074
TP4= @ 0.00000079
TP5= @ 0.00000093
TP6= @ 0.00000113
TP7= @ 0.00000133
TP8= @ 0.00000196
TP9= Free
RDD 150% to 250% Profits OpportunityLike all the other alt coins in the market RDD was in a long term down ward trend since the beginning of the year with some exceptions of upward reversals in some moments in between. RDD is very bullish for the long term according to the 1D chart and it is trying to breakout the falling wedge pattern and construct a reversal upward trend. RSI is at good position at around 56 and 50EMA is below the price and 89EMA is almost there to be outpaced by the price too. If the chart can manage to close above the blue falling wedge in the following days with a volume spike we might witness a good upward trend with the construction of an impulsive upward move. Here are the major resistance levels and support level to decide in the investment process.
Entry Zone : 40 sats - 55 sats
Sell Targets :
Target 1 : 63 sats
Target 2 : 74 sats
Target 3 : 84 sats
Target 4 : 93 sats
Target 5 : 100 sats
Target 6 : 117 sats
Target 7 : 140 sats
Stop Loss : 29 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
[RDDBTC] ReddCoin Money Fractal [500%+ PP]ReddCoin (RDD) on Bittrex. The next triangle is going to be bigger… Let’s start and finish with the weekly chart above:
This is a long term chart, this view includes over 1.6 years of data.
The chart is basically self-explanatory; if RDDBTC moves up again, the potential is huge.
Below I am sharing with you a buy in price and next support. You can use the “next support” if we go lower than buy in to buy more, or as a second entry point. If the “next support” fails, then we have our stop loss. On the other hand, I am also sharing our targets, which is where you sell for profits after you buy and wait for the price to start to move up.
ReddCoin already broke out of the downtrend and is consolidating for the next move. The down trendline is marked on the chart with a red dotted line.
Now that we are out of January’s downtrend, we can get on a new uptrend…
Trade instructions for ReddCoin on Bittrex
Buy in: 50 – 56
Next support: 42 – 46
Targets for RDDBTC by Alan Masters:
Short term
(1) 63
(2) 75
(3) 83
More targets available to PREMIUM supporters.
Stop loss: Close below 38 on the weekly candle. (If you want a stronger stop loss, longer term, place it as a close below 30 on the weekly candle).
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So if you are looking to make money first focus on what the money will bring to you once it is yours.
Will this money bring happiness, freedom or allow for a change of environment or clothes?
Understand the meaning of money, to you, use that understanding to attract the feelings that you really want.
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In some cases it might simply be the material things that money can purchase, but in the majority of the cases people will be looking for freedom, security, peace, tranquility, happiness and all the beautiful things that we have experienced from the first day that we were born.
Yes I am looking to make money, but money is only a tool… A tool that can be acquired with patience…
PATIENCE IS THE KEY TO IT ALL!
Namaste.
Cup and Handle and small bullish pattern RDD
If you are not a stupid person who sees models everywhere and they are not all right, then you will notice that we have here a cup with a handle such as it should be. The model is still ready so you can not buy. If the handle is ready to buy in the area 61-63
sell - 83-85
Sell - 108-113
sell - 145-150
If have standart stock model - 5-10 november price - 250-450 sell. These are the prices for experienced traders who can see the need for models if there are any.
This price is only possible with the right model.
There is a possibility for the beginning of an uptrend in RDDUSDTechnical analysis:
. Reddcoin/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00231 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00231)
Ending of entry zone (0.00150)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00368
TP2= @ 0.00507
TP3= @ 0.00598
TP4= @ 0.00714
TP5= @ 0.00924
TP6= @ 0.01110
TP7= @ 0.01763
TP8= Free
There is a possibility for the beginning of an uptrend in RDDUSDTechnical analysis:
. Reddcoin/Dollar is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00231 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00231)
Ending of entry zone (0.00150)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00368
TP2= @ 0.00507
TP3= @ 0.00598
TP4= @ 0.00714
TP5= @ 0.00924
TP6= @ 0.01110
TP7= @ 0.01763
TP8= Free
REDDCOIN: CONFIRMED REDD ID RELEASE DATE - PROFIT = 44.83% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 44.83% PROFIT!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
June 19: Reddcoin announces testing of ReddID to start on June 24.
August 14: AltDex lists Reddcoin.
August 14: Kompler.exchange lists Reddcoin.
August 14: Reddcoin announces release of Red-ID in September 2018.
August 15: BiYong social network partners with Reddcoin and giving it access to millions Chinese users.
August 21: Reddcoin (RDD) Confirms Redd ID v1.0 Public Release in September 2018.
August 26: Switchain lists Reddcoin.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
$RDD, Bounce Or Disaster…
Weekly
Looking at our trend timeframe we see price has reached our major support zone at 55 satoshis. Momentum showing we are heading towards the downside, with no signs of slowing down. Will watch daily timeframe for a reversal, if we do not hold at this level expect a drop to 35 satoshis. A daily close above 60 satoshis activates our trade.
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free
RDD to recover +5% with MACDThe RSI is very, very low indicating a possible recovery but the MACD is still indicating pressure.
The Crypto market is looking better this week, (some good general announcements), and, traditionally, #RDD follows that pattern.
In the last month when RDD has hit 30RSI it bounced back to a solid +60 so I would expect it to climb back up.
I would buy at around 75-77 and aim to sell again at about 85 with a stop loss around 69.
Keep an eye on the MACD as a good indicator of a turn around
Reddcoin Hitting Same Support AgainOn the 7th of January, Reddcoin has reached an all-time high, hitting $0.032 level. Then price corrected down sharply and stopped near $0.0044 area, resulting in a 87% loss to the USD, in just one month.
The $0.0044 area is the 88.6% Fibonacci retracement level, that has been rejected. And looking at the chart, since December 2017 up until now, this level has been rejected at least four times. The most recent rejection occurred on the 13th of June, and RDD/USD has already gained 30% since then.
Perhaps the wave pattern could continue, and if price will stay above the support, RDD could reach the $0.01 resistance area in the very near future. This is a key technical as well as psychological resistance level that should be watched closely. Break above it could be the confirmation of the uptrend, resulting in an exponential growth.
But if RDD will break and close below $0.0042 low on a daily chart, price might enter the consolidation period or even result in a downtrend continuation.
$Reddcoin, $RDD STAKE ON!!!
Weekly
Looking at our trend timeframe we see price is currently bouncing off our major horizontal and dynamic support. Recently RDD formed a lower higher around 110, price is now looking to forma higher low leading to my conclusion that we could be seeing a breakout towards the upside very soon.
Daily
Shifting over to our pattern timeframe we see price has recently broke out of a descending wedge pattern and tested for support. Stochastic RSI showing momentum is looking bullish, a daily close above $85 ad we should see Reddcoin run.
If you missed our first HUNT, you may want to check this!REDDCOIN/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00000080).
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00000058(day close price) based on reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 208
Closed trade(s): 108 Profit
Open trade(s): 100 Profit
Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000083(current price) -0.00000058(open price) = 25
4 trade(s) still open, therefore total profit for open trade(s) is 25 x 4 = 100
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.