Rdd
RDD/USD next impulse is starting!we can see that it has begun and it will continue along its upward trend.
I have drawn out what I think will happen and which price pathway the charts will take.
I think it has enough to shoot up farther but this should be a conservative price destination.
RDD (Reddcoin) Continued breakout is Imminent Alright guys, what a two week stretch we just experienced as the media and the world cried out for the collapse of the cryptocurrency world, only to be silenced by the magical first 4 days of 2018 and the altcoin emergence. I am getting new to this space here on Tradingview, as I have done much of my charting on other platforms - primarily stock trading platforms- and therefore, some of my charting may be off, such as lines not showing up as they do before I go to publish and not knowing where some tools can be accessed, etc. .. Please keep this in mind. Also, I do not see this as an outlet to market myself or market my ideas - though this is subject to change in the future - I only want to put this information out there, so people can take advantage of the same opportunities I have had and seen developing. One more side note: Verge, which I was heavily advocating two weeks ago is no longer part of my holdings and I was fortunate to have spotted TRX in a breakout pattern at 0.03(USD) when I decided I had enough of Verge. Long term they,XVG, may still get there and I would not be surprised, but the momentum they had was completely derailed because of the media storm they experienced.
Reddcoin has had tremendous growth already; just as XLM, ADA and TRX had before they went on the current tear they are on. The latter three each experienced the same pattern RDD is following now. This is a breakout followed by the consolidation into a pennant formation and then, subsequently, another breakout (which you can see is already in the works here). The good news is this is only the very beginning stages of RDD. As you can see the % increase from the first breakout before consolidation was a whopping 1k% increase. If we mimic the same % increase we could see prices shooting to 0.10 (USD) plus.
As part of the disclaimer or whatever the hell they do I would like to tell you, I purchased RDD one night ago.
glgl, gg (it has been a good one so far :)
Potential Cup & Handle Developing In ReddcoinReddcoin looks pretty solid right now. It's had some crazy gains lately but now it appears to be building a cup and handle . RSI strong but showing signs of a reversal (which could be the handle). Stoch overbought and allows for downside. Worth watching for sure.
PM me for targets or custom charts.
RDD C & H formation looking for major breakout!RDD is just getting started. It's not to late to get on the train.
RDDBTC Reddcoin. Bull RunSo, generally what do I see from RDDBTC graph is that it touched 4/1 support line and bounced, it may be a confirmation for trend reversal. Slow Stochastic indicator confirms upward movement by breaking lower border and price didn't go lower. Buy zone: 74-80, Sell zone: 150-170. Stop-loss at 66. Good Luck !
RDDBTC - Potential new supportAfter Mcafee shill, this coin pumped super quickly and now back at where the previous resistance was.
I analyzed their project and they are quiet solid.
I see good potential in this coin, if it manages to stick to this level, I will keep it for the future.
Bought at 83
Stop Loss 63
Hope it doesnt dissapoint =)
$RDD? What does the future hold for ReddCoin? McAfee Magic?Here is some Trend Analysis on RDD
What we know & Why:
Downward Trend (MACD Indicator)
It's been pumped ( Mcaffee Magic)
What we don't know:
If the pump is done
When the dump begins
Indicated on the chart are the levels for possible gains for anyone brave enough to ride the wave down. Goodluck and happy trading!
What are your thoughts?
Please comment below :)