4h time frame
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RDNT creates and retests the rounding bottom structure, that is a stable and strong structure to maintain the pumping momentum. Also, the Fibonacci Projection provides the target at the 0.49, which is the previous high, making reasonable resistance. Therefore, we can set up a trading plan here.
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TP: 0.49
SL: 0.31
RDNT was going slow for a long while. Usually it loves to peek when Bitcoin consolidates. But it may be different this time because in technical way it's possible for RDNT to reach 0.3850 right now.
Moving Averages looking fine for a rally, RSI above 50 in daily time frame and also more positive signals from other indicators.
In order to be sure, I'll wait...
