RDN has been moving in a very low area of the chart for the last 2 years and a half, and we can read several trend inversion signals from the weekly chart and other timeframes. -huge descending wedge formed and now price is challenging the upper resistance for the third time, expected breakout -volume raising (bullish divergence) with some green peaks -new all...
test Developed by Brainbot Labs Est., the Raiden Network is an off-chain scaling solution, enabling quick and cheap payments. It is Ethereum's version of Bitcoin's Lightning Network. It complements the Ethereum blockchain and works with any ERC-20 token.
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 retesting the resistance turned support. Also trading above both 50D and 21D MA. Accumulation Range:- 980 sats to 1150 sats Targets:- 1465 1692 1858 2401 Stop loss:- 841 Rembebar.This is not a piece of financial advice....
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...
a low Market Cap of $26M, still in demand zone... target set at 0.5 FIB.
At the 1M chart, the price broke the downtrend, forming the first upside impulse. Besides, the trendline was broken on a significantly increased sales volume, indicating that a major player was forming a long position. On the 1D chart, the price is correcting and is currently trading between 50% and 38.2% Fibonacci levels. We recommend buying RDNBTC to take profit...
Greetings, speculation coin, has main trading volume on binance but is also available on other exchanges huobi, Uni, 1inch. If binance does not delist then the idea has room for attention. On the weekly chart, the price has formed a wedge. Daily chart The price fell almost without a pullback from the previous bounce, forming an arc. It is possible formation of...
RDN looks ready to break out of this BARR bottom setup into a bigger inverse head and shoulders pattern on the weekly, then into an even bigger IHS on the daily. Nice bullish patterns! Both IHS targets and both BARR targets are marked on the chart. Potential return: ~1200%
- Bullish trend - Double bottom - Targets: 2293 - 3367
BINANCE:RDNBTC is looking bullish . It breakout from some major resistance zone . Accumulating here for given target . Will update from here .
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
Over the last few days RDNUSD RDNBTC daily reached the target I marked in my earlier posts, had a pull back to the top of the channel, and no is going to retry the previous target again (1.6). It is possible that after some resistance at Channel Fibo-1.6, it may break through the resistance line and head to the 2nd target (Fibo-2 and 2.6) Bear in mind that a...