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Rdd

rdd reddcoin possible breakoutstill learning here guys, the 5 wave breakout is eyeballed btw. still looking for a 3-6 hour ema confirmation but we are pretty close, 1hr is confirmed triangle break out confirmed. could be pretty accurate as long as btc maintains it current support line trend. I would say there is about 62% chance this is accurate due to needing the remainder of ema confirmation and potential neg btc influence I'm doing these to force myself to learn faster, I'm still a novice. constructive criticism appreciated.
by Ginnco55
1
No good signs for ReddcoinAs you can see very clearly, Reddcoin repeats the same process as on June 2017, which is common in the crypto market. Even if I feel sorry for any fan of Reddcoin, technically it will not look good for you for a long time - especially because Bitcoin will also correct. However, it must also be admitted that the value of a Reddcoin is currently much too high. A correction is needed, no matter how good the coin may be. It is your decision to keep this coin or not, at least I will not touch it for a long time. For now I can say that our entry point is at about 40-50 SAT, which may change in the long time. Nevertheless, I wish you good luck - open your eyes and do not be greedy or you will lose.
Long
by E-55
2
Caution with ReddCoin (RDD)! Why are you still holding?ReddCoin was a money factory for those, who just went with the train. Unfortunately, it had the same pattern before. If we project the same pattern from before, then there will be a big crash. This would fit to consolidation after hugh pump just recently. The indicators show the same pattern. They are still quite high. The coin doesn't seem to have any serious development the next months. Only one at end of march which might also fit to downtrend. Have luck
Long
by calumon
16
RDD/BTC (Short Term +10% Long Term +500%) Reddcoin 1Hour ChartBuy in 0.00000130 - 0.00000135 Target 1 - 0.00000149 (Short Term) Target 2 - 0.00000169 (Mid Term) Target 3 - 0.00000186 ( Mid Term / Long Term) Target 4 - 0.00000278 (Long Term) Target 5 - 0.00000590 (Long Term) Very Strong Chart. Even if Support Line is broken, just wait until it climbs up again. Usualy i would allways recommend to Trade with Stopp Loss, but in this Case its not nesessary because Reddcoin has huge Potential and has not broken out yet, on long term, this will be a huge Profit coin and a Price increase is very likely (similiar to the Movement of Siacoin lately) Take Profit as soon as you feel comfortable Kind Regards Captain Trade
Long
by TimBerlin
15
ReddCoin Is So CheapReddCoin is one of those new coins that is still very cheap. Technical analysis can help to determine whether the value will rise or not. And looking and ReddCoin it certainly has a strong growth potential considering the current price action. First of all, it has started producing higher highs and higher lows. Then, on a corrective wave down it rejected the uptrend trendline and moved higher again, rejecting the second uptrend trendline. Currently, RDD/USD is trading just above the support area that is near $0.02. Price could go higher to test one of the Fibonacci retracement levels applied to the previous corrective wave down. Strongest resistance is seen around $0.07, but break above could send it even higher. Only a break and close below the $0.008 could invalidate bullish outlook.
RLong
by CryptoPAMM
14
Reddcoin - Long-setup & TargetsSo, it's time to start a new Reddcoin post. I was saddened to see that Reddcoin lost it's momentum and there was a verified wave 1 months ago that validates this as a complete 5 wave structure. I'm expecting this to correct for the next month or so, I'm also expecting this to correct in the form of a wedge. I will only activate the trade if it remains in our Bullish zone on the Daily RSI over that time. But I'm expecting this correction to take us near the 1 cent mark once again. The MACD is diverging bearishly, and it is likely to finish correcting when the MACD is on the way back up. But I do not expect this correction to be all that quick. I will activate when I enter.
RLong
by Elijah_Trading
16