Welcome to this quick Trade Setup, everyone. If you are reading my updates for the first time, do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. RDN broke out of the 168 days resistance trendline. This is a daily chart so it's highly likely we will see a good rally here. It is currently...
RDN Raiden Network Token Daily Trade Setup RDNBTC RDNUSDT RDNUSD
💎Technical Analysis Summary💎 BINANCE: RDNBTC -Raiden Network Token tested the key area of support and saw a good bounce -Though this is a good sign because the support is being respected -But this is still not enough to confirm a reversal of the downtrend -We need to see reversal patterns like Double bottom or IH&S patterns -Until we see multiple reversal...
RDN/BTC -Raiden Network Token is now pulling back to key areas of support -The important level to be watching is around 2800 sat area -This is a confluence of previous resistance turned support -And additional support Fib level at 0.786 -Be sure before entering a position, wait for any Bullish signs of reversal -We want to reduce the risk involved as much as possible
RDN/BTC -over 90% price pump after cross ultimate indicator flashes -the price is hitting mid resistance area -I do not recommend to buy at this level -already missed the best entry point -if you like to trade this coin -wait for the consolidation or acceptance above the 2300s -this will give extra confirmation that the bull -have taken this new area of...
2 week showing signs of the Crossover that we are seeing on a lot of altcoins. Extremely exhausted. Long term hold. Let's get that final crossover. Stats: Price: 11 cents Market cap: 5.5 million 24 hr volume 2.5 million Circulating supply: 50 million (not bad at all) Raiden is a protocol for fast, cheap, and scalable token transfers on ethereum. Raiden is...
Hello Traders, For RDN/BTC we are testing a resistance line, if we break this line above we will wait for some acumulation and enter on next breakout or pullback, like is market on the chart, at the green box. Please push the like button and follow us on TradingView
RDN/BTC -potential local trendline breakout -trading above 200MA and 50MA on 4H chart -RSI level is above 50 which is bullish -must hold the key support at 1224 sats -upside target is up to 1622 sats -stoploss below 200MA
Priceline of RDN / Bitcoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00001617 to 0.00001563 Sell between: 0.00001691 to 0.00001825 Regards, Atif Akbar...
Priceline of Raiden Network Token / Bitcoin cryptocurrency formed a bullish Crab pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. We have 200 simple moving average support withing this PRZ area. I have used Fibonacci sequence to set the targets: Buy between:...
Everyone remembers the recent story with #MTL, which is + 150% on the expectations of opening deposits at Bithamba. Bithamb opens deposits slowly. Of the most likely candidates for the next announcement, these are #PPT and #RDN (although there are a number of coins, however, it is impossible to guess everything, so we take 2 coins that are the most likely). The...
The RDNBTC is moving withing a parallel channel and hits the support of channel. The stochastic is oversold and MACD has already given weak bullish signals. The volume profile is showing low interest of traders at this area. A bullish butterfly pattern is also completed within this channel and the price action is entered in the potential reversal zone of this...
If RDN falls down from 2300sts, what we can do is waiting for the range of 1690-1930 to accumulate. And target is at least 2550
RDN found the bottom and now trading volume is growing RSI - very bullish vcdepth.io Good situation for swing trading
Even after recent rise, I believe this idea is still great! Time will tell... Raiden (RDN) is an off-chain scaling solution optimizing ERC20-compliant token transfers on the Ethereum blockchain. It is Ethereum's version of Bitcoin's Lightning Network, enabling near-instant, low-fee, scalable, and privacy-preserving payments. There are many reasons why RDN...
RED ARROW indicates the EXPECTED Time and Targets Level Stoploss point up to maximize profit and reduce risk I'm working all the time, even in Bearish Market