Redd Coin seems slowly breaking out. As it is usuall the cheap coins go easily 10x.
RDD hasn't had a major run for a little while and is coming to the End of a long term chart pattern. I like the community behind this coin but RDD is lacking in fundaments and Tech so I don't believe that long term this coin will stand the test of time. See the attached notes for additional details.
I see RDD go around 41-42 satoshi with a bullish cypher pattern. ENTRY ZONE: 40-42 Sats SELL TARGETS: TARGET 1: 47-50 sats TARGET 2: 63-66 sats TARGET 3: 80-83 sats After the third sell zone a bearish Gartley pattern may be formed with the target 20-18 sats
Technical analysis: . REDDCOIN/BITCOIN is in a range bound 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 40. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility...
Technical analysis: . REDDCOIN/BITCOIN is in a range bound 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 40. . The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility...
Technical analysis: . REDDCOIN/BITCOIN is in a range bound 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. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000047 to 0.00000041). if so, traders can set orders based on...
Technical analysis: . REDDCOIN/BITCOIN is in a range bound 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. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000047 to 0.00000041). if so, traders can set orders based on...
Buy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good...
Technical 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 dates are from September 25 +/- three days where a definite jump should occur on September 23 followed by a drop in consolidation and a boom again on Nov. 09. If I am right, then you heard it first. The tp should be around .00000105 btc. In my humble opinion and not investment advise.
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: ...
Technical 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: ....
The 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...
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,...
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,...
Analyzing REDD, it looks that this coin is a standard coin, resmbling to most of the other crypto coins. In the future it seems, it is going to have a deal with a game company and a return to the stream. I think it is a coin more suitable for the short term profits, but I do not see it promising for the long term. I recommend GIFTO instead of it. The Fibbonaci...