RDDBTC
RDD IS GOING TO EXPLODELook at the indicators and support. RDD is now drifting on its support at ~21 satoshi. It is similar to the previous time before huge pumpback in december 2017. RSI on weekly chart is perfect. MACD is going to have positive cross soon. Is this sthe time?
Stoploss: if rdd breaks supports of 19/20 satoshi, then it can go to 8 satoshis before the pump as well so watch out.
Other way: longest target is probably around 340 satoshis (around 1700% of profit)
Reddcoin now in Ascending Broadening Wedge - BullishJust noticed Reddcoin - RDD is forming an Ascending Broadening Wedge
Price is stable now at 0.0020$, support is also very well satoshi wise.
Definition;
1 – The Ascending Broadening Wedge
The Ascending Broadening Wedge is one of six Broadening Wedge patterns to be found in price charts.
Broadening Wedges are plentiful in price charts and can provide good risk and reward trades. The broadening aspect of them suggests increasing price volatility and increasing volume this spells out opportunity.
Identifying Ascending Broadening Wedges
Price makes a low and rises. We then track price as it rises away from the low. We are looking for higher highs and higher lows in a tight range.
The higher highs make a rising trend line, this forms the upper boundary to our pattern. The higher lows make a lower rising trend line, this forms the lower boundary to our pattern.
With the Ascending Broadening Wedge formation we are looking for three peaks and three valleys with tops and bottoms forming the trendlines. Three touches to each trendline.
Both the upper and lower trendlines should rise. The upper trendline should rise more steeply than the lower trendline thus forming the broadening wedge.
Tall and wide patterns work better than short and narrow patterns.
RDD Ready to Be Listed on Binance?There seems to be false rumors going around, but some are saying that RDD may be getting ready for a potential listing on Binance in the near future.
It sparked my interest to chart RDD, and on the contrary, it seems like it's looking incredibly good for a long just by the looks on the chart. RDD has made some immense returns in the previous years, but is it ready to pop again?
Few things to note:
- RDD seems like it was stable at 19-22 sats, but is now breaking support down to 18 sats.
- Chart wise, it seems like it is struggling with long term trend lines
- RDD seems like a good fundamental coin that is supported by a fairly large community including Reddit.
- Still a top 100 on Coinmarketcap
#RDD analysis touching support at 18 satoshisIt seems that the strong monthly support at 18 satoshis has been tested and its a strong level that has been respected. It will try to test 30 satoshis resistance level which seems to be the only possible scenario if the token will look at lower levels ever. If there is a big move towards the 50 satoshis level the possible testing resistance level will be at 38 falling back as low as 30 and hopefully will test 50 satoshis level, which probably be my exit for this trade.
Buy at 0.00000014Reddcoin is a bit like Dogecoin $DOGE, i.e., it has a strong community - it's got at least 40,000 to 60,000 people if we take Reddit/Twitter followers as a proxy. This puts RDD in the top 25 cryptocurrencies for Reddit subscribers, while by market cap it's at number 97.
Pumped twice massively in 2017/2018. With RDD-BTC approaching the floor of the big green candle from late Dec 2017/early Jan 2018, it could be a good time to set buys at/around 14 sats.
Volume for Reddcoin on the Bittrex exchange is decent enough (~$247,000). Prepare for a massive, quick upward move. I don't know when, but looking at the chart, it's likely to happen.
Perhaps when bitcoin to reach new highs and tests $9,000-$10,000, RDD will have fallen a bit further from where it is now, i.e. 21 sats. Set buys near 14 sats and perhaps observe and see how far it falls, buy at market if 14 sats not reached by the time BTC is at $9,000-$10,000.
Then (some) alts should bounce back and carry on higher following $BTC, if they are not already.
When and if RDD explodes to the upside, take profit in the range of 80 sats, 139 sats, and 196 sats (historic fractal levels) depending on your appetite for risk.
RDD' Possible Run SenarioRDD 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.
ReddCoin ( RDDBTC ) is getting for ready! (100% Profit Potentia)Welcome to this updated analysis on RDDBTC Let's get right to it!
We can buy this coin with a target at 0.00000034
TARGET:
1.) 0.00000034
2.) 0.00000037
We can AVOID/STOP loss at 0.00000030
This information is to be used for educational purposes only
TRANSPARENCY Strategy,
ReddCoin ( RDDBTC ) is getting for ready. This one has been going sideways for a very long time and recent action points to massive gains on the next wave.
Feel free to hit like now and let's take a look at some signals together:
RDDBTC just printed a high volume candle to break above EMA10. Signaling the beginning of bullish action.
The RSI is on the bullish side.
I have marked the targets and profits potential on the main chart.
This is a friendly chart analysis and not the price of trade advice. All of my trades contain buy-in, targets, stop-loss, capital allocation, and additional information. If you would like to see a full trade for ReddCoin ( RDDBTC ), make sure to hit like. If enough people hit like I will know there is enough interest post a full trade.
For more content, be sure to hit that follow button
This is a long term trade so patience is recommended.
ReddCoin Can Easily Hit 150%+ On Next Wave (Get Ready!)ReddCoin (RDDBTC) is getting for ready action. This one has been going sideways for a very long time and recent action points to massive gains on the next wave.
Feel free to hit like now and let's take a look at some signals together:
RDDBTC just printed a high volume candle to break above EMA10. Signaling the beginning of bullish action.
The RSI is on the bullish side.
30 Satoshis has been holding as support since late November, any bullish action here can lead to an impulse to the upside.
I have marked the targets and profits potential on the main chart.
This is a friendly chart analysis and not a price of trade advice. All of my trades contain buy-in, targets, stop-loss, capital allocation and additional information. If you would like to see a full trade for ReddCoin (RDDBTC), make sure to hit like. If enough people hit like I will know there is enough interest post a full trade.
Thanks a lot for reading.
Namaste.
Rdd/Usd going to .008 USDWIth the deals pending for rddcoin it is inevitable that we are going to have a short term trade opportunity taking us to .008 cents (usd) then a drop back down to retest the lows where one can buy more rdd because it is a future social crypto. It is an established coin with real legs.
ReddCoin Gives A Strong Breakout[RDDBTC](515% PP)ReddCoin (RDDBTC) finally prints a strong breakout... I will say this before even starting; RDDBTC will generate massive gains in 2019... So hit LIKE so that we can continue...
ReddCoin (RDDBTC) daily chart analysis
The chart above is pretty classic for a cryptocurrency that has been on a bear market for long. We see long terms of bear action, followed by short but strong waves up.
These waves up can last several weeks to a few months. You can see them above marked with green on the chart.
Right now we have a very strong breakout, great volume, which moved RDDBTC price above EMA50 and EMA100, and reached all the way to EMA200 (MA200) where it found resistance and retraced.
The RSI is super bullish, in fact, already reached overbought, so you can expect a retrace.
The MACD printed bullish divergence for long, there is also a bullish crossover and it is now on the bullish side.
RDDBTC will generate great profits. 365% Profits Potential (PP) to January's 2018 top price and over 500% to a new ATH.
Hit LIKE TO SHOW YOUR SUPPORT.
Buy in, targets, stop loss and trade details below.
Trade instructions for ReddCoin on Bittrex
Buy in: Up to 44
Targets for RDDBTC by Alan Masters:
(2) 54
(3) 64
(4) 86
(5) 102
(6) 122
Long
(1) 157
(2) 179
(3) 196 (All time high)
(4) 271 (new high)
Stop loss: Close weekly below 28.
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PATIENCE IS THE KEY TO IT ALL!
Namaste.
I cannot see RDD doing well for a whileThe launch of #ReddID was a bit of a flop and the market is not being fooled by it all.
The price of RDD is probably going to keep going down for a while... until the next pump.
- RSI is also not very good, (neither up not down)
- MACD is very flat, showing that only the holders remain .... (the volume is also low).
Maybe in the new year, if/when ReddID fulfils its +4 years old promises.