There is a possibility for the beginning of an uptrend in RDDBTCTechnical 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 of temporary retracement to suggested support zone (0.00000048 to 0.00000041). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000048)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
RDDBTC
There is a possibility for the beginning of an uptrend in RDDBTCTechnical 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 Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000047)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
There is a possibility for the beginning of an uptrend in RDDBTCTechnical 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 Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000047)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
RDD ReddCoin to BTC AnalysisI beleive a breakout at the end of 2019 is likely due to the macro energy buildup behind ReddCoin, represented by the two sine lines and the horizontal fibonaccis.
Disclaimers, not intended to be financial advise.
I am not holding any ReddCoin at this time, but I am considering entering in the upcoming months if the chart starts to show signs of a bullish reversal or uptrend.
Biffy
ReddCoin (RDD) – market reaction to the ReddID releaseReddcoin is a micro tipping platform for sending tips over the social networks. On the 1st of October ReddCon has announce the release of the ReddID, that has to simplify the process of “social tipping”. The ReddID enables Reddcoin holders to name the wallet instead of using a complex 16 characters jumble.
Indeed, this should make the social tipping much faster, easier and user-friendly, but the question is whether Reddcoin will be able to compete in this marketplace.
Based on the market reaction, the ReddID wasn’t something very exciting as after the announcement price went down. Lets have a closer look at the chart.
On the 1st of October, when the ReddID has been released, price has bounced off the 82 satoshis level, that is 78.6% Fibonacci retracement. Currently RDD/BTC is trading at 61 satoshis, which is 26% lower from the date when ReddID was released. Clearly, not much of a positive reaction by the market participants, but instead a disappointment?
The price is approaching 45-55 satoshis support area, which corresponds with the 23.6-38.2% Fibonacci levels and the point where the uptrend trendline has been rejected on the 21st of September. It could be a strong support for Reddcoin, triggering another attempt to go higher. But at this point, as the resistance is holding, RDD might consolidate or even reverse to the downside.
Below are the important levels to watch.
Support:
1. 55 satoshis
2. 46 satoshis
3. 29 satoshis
Resistance:
1. 82 satoshis
2. 112 satoshis
3. 137 satoshis
Break above 82 sats or below 46 sats could trigger the next wave. Where? It depends whether it will be the upside or a downside breakout. On the upside, price could reach 137 satoshis. On the downside, price could go as low as 30 satoshis.
Based on the Fibonacci Time Zone indicator, most recent wave has started on the 15th of August, while the next wave will start on the 25th of December. As the RSI downtrend was broken, the probability of the uptrend continuation seems to be higher. Therefore, the end of the year could be the end of the current wave upwards, unless the support is broken.
$RDD, Sipping You…
Weekly
Looking at our trend timeframe we see price has found resistance at 80 satoshis, stochastic rsi showing momentum was in favor of bulls. Waiting for our weekly candle to close to confirm our lower high, expecting a lower low near 20 satoshis.
Daily
Shifting over to our pattern timeframe we see price making its way towards our dynamic and horizontal support at 50 satoshis. Stochastic RSI showing momentum in favor of bears with no signs of reversal. A daily close above 60 and expect a push towards 75, however a daily close below 50 and expect a sell off towards 35.
RDD Trading AdviceBuy 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 Luck!
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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
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.
Once you know your true desires and decide that money can help you in seeking what you are…
Now you can start working for money, asking for money, attracting money…
Because deep down, you know that it isn’t money… You are aware of what you really want.
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.
RDDPurchases are between 55 - 49 st
Stop loss at 46 st
Sell at Fibonacci levels
Note here the rebound from the 30 st area started and the rally to 63 st
The Satoshi st area was tested twice and the price returned from it
We have a minor ascending path and a support area at 49 St which has been tested many times and the price has not fallen from it
MV indicators represent moving support and resistance levels and note here MV 28 raises the price higher
Things are good with the use of stop loss
Redd Coin-It's time to role! You heard it first here!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.
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.
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)***