RDN/USDT 1D UpdateRDN 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. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade..
Happy trading...
Thank you...
Rdnbtclong
#RDNBTC 269%+ Potential Rally aheadWelcome 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 retesting the resistance turned support.
Also trading above both 50D and 21D MA.
The on-chain shows big accumulations of almost $1.2 million worth of buys in a single day, a steady accumulation since the last few weeks. No major pump is seen to this day.
Accumulation Range:- 980 sats to 1150 sats
Targets:-
1465
1692
1858
2401
2993
3453
Stop loss:- 841
DYOR before taking this trade.
Also, I keep an eye on the Dominance chart. IF BTC.D bounces and becomes bullish I exit my ALT/BTC Pairs.
If that scenario comes I'll let you know so don't worry.
What's your thought on this?
Do hit the like button if you like this trade setup and share your views in the comment section.
Thank you
#PEACE
RDNBTC Long Trade Setup BINANCE:RDNBTC is looking bullish .
It breakout from some major resistance zone .
Accumulating here for given target .
Will update from here .
RDN/BTC (Daily Pullback)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
Here I buy Raiden Network and RDN will go upHere I buy Raiden Network
and Raiden Network will go up.
The price is testing the major resistance,
so now I load my bags and the bullish breakout will start. And Raiden Network will go up. See you up there
RDNBTC | Analysis
RDNBTC just broke out of its major resistance area.
Now would be a good entry point.
Stoch RSI bottomed and is reversing bullish.
50, 200 Day MA formed a golden crossover.
Take profits are 38%, 82&, 120% respectively.
Thank you!
Raidens Pulse. (RDN)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 similar to bitcoins lighting network in that you can transfer tokens through privately exchanged messages without having to involve the entire consensus protocol.
Raiden will deliver "near-instant, low-fee" payments regardless of the number of transactions being processed in the network.
Trading Idea on RDN.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 breakout?: up to 35% profit)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
RDN/BTC#RDN
Breakout in 4H
Looks Bullish
Also Detected Very Good volume Spike Coming in
Buy Zone: 1400- 1370 Satoshi
Short Term: 1560- 1680 - 1890- 2020
Mid to Long: 2500 - 3100 -+4400
STOP LOSS 1300
Amount is Recommended 10 - 15 % Capital
RDNBTC formed bullish Shark | Upto 16.5% bullish move expectedPriceline 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 (moon333)
RDN/BTC TA Update (Getting Ready for Large Move?)RDN/BTC
RDN is getting nearer to the apex of triangle and volume is beginning to increase.
If the price can hold above the 100 Day MA for at least a week.
Expect a large move to the upside is about to happen.
RDNBTC formed bullish Crab | Upto 63% potential tradePriceline 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: 0.00002153 to 0.00001833
Sell between: 0.00002401 to 0.00003002
Regards,
Atif Akbar (moon333)
#RDN is trading on BinanceEveryone 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 announcement about opening deposits is likely to be the other day. Coins, on which deposits will be opened, have a good opportunity to pump (not like MTL of course, but growth will still be good).
At the moment, the difference between the prices for #PPT on Bithamb and Binance is x1.65 (which is a lot). We take a coin with goals of 35-50-65% of the purchase. Stop at -20%. Do not forget about money management.
#RDN is trading on Binance
Buy: 0.00002819 or by market
Sell:
1 goal - 0.00003805
2 target - 0.00004228
3 goal - 0.00004651+
If you are a risky guy or girl, set goals higher.
STOP: 0.00002255
RDNBTC has completed bullish butterfly|Upto 1142% move expectedThe 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 bullish butterfly pattern.
There are strong chances of bullish reversal from here insha Allah soon.
The targets are:
Buy between: 0.00002970 to 0.00000720
Sell between: 0.00004717 to 0.00008944
Regards,
Atif Akbar (moon333)
Radian Network Token In Accumulation AreaRDN topped out at an impressive $9 before it's falling in an epic fashion to less than $0.30 since January 18th. However, it's seems to have found a temporary bottom and have been trading range bound between $0.19 - $0.45 over the last 6 months and has begun to make higher highs on the daily time frame on increasing volume. This is one of the clearest sign of accumulation I have seen in a while. Although, nothing is for certain especially when it comes to crypto currency never mind alt coins; I believe Raiden Network Token is a prime candidate for a breakout to the upside. In fact, if it breaks resistance I am comfortable enough to be a buyer there banking on it being a fakeout because the increase in volume within this price range is so clear.
RDN can easily double from here?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 should/will double (and I belive double is an understatement). They include very advanced/innovative technology, upcoming announcements out of Ethereum foundation, undervalued/too low market cap, etc., but now there are technical indicators to suggest another push/increase is in the cards, break out to the upside. I think RDN will have a great future. If you are believer, push the thumb below :) Thank you
A bit of a long shot, but definitely a possible future formation:
Daily Bullish Signal $RDN #RDN RDN/BTC (17 Dec)BLUE 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
RDNBTC RAIDEN NETWORK TOKEN RDN, ALL SET FOR BIG 60% PROFITDONT FORGET TO LIKE THIS ANALYSIS - FOLLOW ME FOR DAILY PRICE ANALYSIS
Chart Duration - 4H/1D RDNBTC BINANCE
RISK LEVEL: 3/10 (Less means, Less risk)
Key Points
1. Above key support level 7522
2. Raiden Network TestNet twitter.com
3. Growing Payment Channel Network
4. Bottomed out
5. On 1D Chart - Excellent RSI + STOCH + MACD. MFI at 49, 41 is good support for MFI.
6. 4H CHART GOOD GOING
BUYING ENTRY : 7400-7750
SELL TARGETS : 8800-9500-10500-11500-12500
STOP LOSS : 7000
TARGET TIME: 11-14 Days
TIP: WATCH KEY RESISTANCE LEVEL 8556 & 9340 for 3rd,4th & 5th Target
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Open4profit will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
Daily Bullish Signal $RDN #RDN RDN/BTC (08 November)#RDN (RDN/BTC)
Buy : 7700-7800
Stop : 6900
BLUE ARROW indicates EXPECTED Time and Targets
Level up Stoploss point to maximize profit and reduce risk
If you need help, contact me
RDN Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
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. Moon can take >30 days. 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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