RDD/BTC + RDD/USD - Another potential 1100% [R:R - 40%:1100%]ReddCoin has been gaining traction lately, it recently rose 1300%, and we are expecting another MAX target of 1100%. It has retraced 61.8% which marks the second wave of Elliot Wave Theory and means the third wave will soon commence. Be vigilant in watching the 1.618x and the 2.618x. If it retraces at the 1.618x you may hold your long because this usually means an extended wave 5 will happen (If the retracement at 1.618x is a wave 4 retracement)
Unique PoSV Concept
The "PoSV," or proof of stake velocity algorithm, is a new means of validating blocks. Traditionally, coins have used proof of work or proof of stake (bitcoin and ethereum are mined using these two methods, respectively).
Happy New Year!
RDDBTC
#RDD #REDDCOIN RDD COIN is probably going for 9 SATS, I suggest to buy at 9 sats and sell at 79 Sats.
One last bounce of the 50 EMA?In the past few weeks RDD has bounced off the 50 EMA.
Will it happen one last time before falling well below?
I really don't see much more than 104 and an entry point of 90
As I said in the past, this coin is definitely in a downward spiral so don't expect much more than a quick 5%/10% profit ...
Will Reddcoin deliver a pleasant spring surprise?Reddcoin has delivered some spectacular returns for those who got in before the price explosion in December 17. The chart has been very messy but I wonder if an ascending triangle is forming?
It will be interesting to see whether it follows the price path I've drawn out here and if so, the intensity of the breakout.
ReddCoin 1 of my fav coinsReddcoin ready to breakout. Looking for 0.10 - 1$ till end 2018. RSI oversold with divergence, Buyers entering the market. Price of Redd is appetite for fast ROI with higher % growth. FIB retrecement 61.8% holded. Hopefully we will see move upside :) Good Luck
Reddcoin will break out in the next few daysWe have a pennant pattern, Stoch RSI oversold, and MACD crossover soon.
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.
RDD Bouncing off the 50 EMA again?Looking at the graph there is a small pennant starting to form and we are also getting very close to the 50 EMA.
So I would expect a small bounce in the next day or two
I would buy some now and try a few more at 92.
Then aim to sell 50% at 106 and the rest at 109
This coin is definitely on a down trend for the foreseeable future, so I would be careful to expect too much out of a week-end bounce.
RDD/BTCPossible breakout of bullish flag
It is not a financial advice, everything you see in this chart is a personal opinion should not be used as an offer to buy, hold or sell any security. Be aware that trading cryptocurrencies can result in losses.
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.
RDDBTC analysis - #RDDBTC $RDDBTC 4h chart RDDBTC analysis - #RDDBTC $RDDBTC 4h chart - it look like that what he will do - broke point 3 he go direct to 5 after that he go to 6 and that its our goal
BITTREX:RDDBTC
rddbtc 60% loss till end of JulyAs a long term trend I see the same story like 7 months ago 60% lose of price
RDD Bounce up after Market CAP decline??? Restart its climb??Several large reductions in the Crypto Market Cap have occurred in the last week. They have cause drops in coin prices across the board as well as possibly some market panic and sell offs which have led to even further declines in prices. Market analysis is based on the evaluation of organic movements in the markets not being manipulated by data reporting or possible "whale investors". There are several reasons given for these quick reductions in Billions of USD equivalence from the CMC in multiple publications. This again establishes the volatility of the Crypto space and reminds every one this is a speculative market. I am pointing out the areas of major price drops correlating to the drops in CMC:
#1 1/8 23:47 UTC ($829,667,000,000) to 1/9 14:47 UTC ($702,303,000,000) -14% Market Cap Drop = 23 Satoshi Drop
#2 1/10 22:47 UTC ($731,310,000,000) to 1/11 04:47 UTC ($628,386,000,000) -13.5% Market Cap Drop = 26 Sat Drop
#3 1/11 16:47 UTC ($711,734,000,000) to 1/12 00:47 UTC ($649,125,000,000) -9% Market Cap Drop = 19 Sat Drop
#4 11/15 16:47 UTC (713,329,000,000) to 1/16 01:47 UTC ($641,990,000,000) -11% Market Cap Drop = 24 Sat Drop
As you can see this creates a lot of volatility in the prices of the coins and causes a quick decline in value. Keep this in mind when investing in the Crypto Space.
With that said RDD is possibly reversing trend, there was a bounce after each drop and I anticipate the same with the price returning to >= 132
RDD Moving Up, Possible Breakout and Re-test of ATHBuy now and in any dips, RDD is very bullish now and is finally reversing trend.
Targets are:
1: 195
2: 225
3: 250+
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
An attempted chart from someone who isn't very experiencedI decided to attempt to chart this i know it's prolly missing alot but i just wanted to try :p I'd love to hear your input on this? Are we headed up?
Not panicking; Good buying opportunities are imminent.So this is just a followup to my previous chart on rather or not RDD would Rise or fall. We tried to test resistance and failed. It didn't didn't help that the whole market was crashing at the same moment. Now we are going down but we aren't out RDD will recover as the market recovers. Until then i'd suggest loading up on some more RDD.
I will give you some tips to survive this short term. While all the coins are losing value it may be smart to move your holdings into USDT (Tether) That coin maintains the value of the USD for the most part regardless of market conditions. That's what I'v been trading my ETH with for the past few days.
This is still my first experience in this so I could right or i could be wrong. I'm just pointing out what makes sense to me in order to hopefully help some people out and solidify my opinions with others so I'd love your input :p
Great Time to Load up for Massive ProfitsRedcoin seems to be at a correction like the rest of the market.
This point seem to be a great mark to load up for a quick 100% profit by next or so.
