#RDNBTC 269%+ Potential Rally aheadWelcome to this quick Trade Setup, everyone.
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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
RDNUSD
RDN - Raiden me a bag for later.The plan. X marks the spot for entry supported by Time Support. Arrowhead for exit. Solid uptrend here. Found nice support so far at .666 fib and laddering up from there. It is hitting its attack level so further retracement risk is minimal at present. Best Wishes.
RAIDEN Medium Time Frame TargetsI am expecting approximately 90% profits on this trade BINANCE:RDNUSD .
Thank you and good luck!
RDNRDNUSDT potentially breaking out of a inverse head and shoulders. X = Stop loss; circles = take profit targets. You can divide your profit taking in thirds or take all at the final target.
Thank you and good luck!
RDNUSD W: 2400% gains BEST level TO BUY/HOLD(SL/TP)(SWING)RDNUSD W: 2400% gains BEST level TO BUY/HOLD(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
previously recommended buying low.
🔸 Summary and potential trade setup
::: RDNUSD weekly chart review
::: accumulation in progress now
::: 2400% gains is not a typo
::: focus on BUY/HOLD near
::: range lows later
::: LONG RANGE OUTLOOKS
::: this is not for short-term traders
::: accumulation NOT COMPLETE YET
::: 1000%+ gains still possible
::: currently trading near range highs
::: BUY/HOLD setup TP +2400%
::: previously recommended buying low
::: up to 2400% gains possible later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +1000% gains
::: details: see chart
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/RANGE LOWS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
RDN Raiden Network Token Daily Trade Setup RDNBTC RDNUSDT RDNUSDRDN Raiden Network Token Daily Trade Setup RDNBTC RDNUSDT RDNUSD
RDN/BTC (Good Bounce @ Key Support?)💎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 signs, this small rally will not hold longer
-I recommend to wait and be patient until the key signal shows up
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Not Financial Advice
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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
RDNUSD pullback-retryOver 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 heavy resistance may happen at Channel Fibo-2 and we can expect reversal.
Of course, the resistance points might be too strong to break through, so Either Way, stick with your trading strategy and follow your risk management plan.
Happy Trading
RDNUSD possible futureRDNUSD shows a >>possible "head and shoulders" pattern<<
If it brakes the neckline then the price can fall to ChannelFibo-0.78 where both CF-0.78 and the uptrend line support the reversal.
Happy Trading
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Just for Educational Purposes
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RDN/USD +1700% Ichimoku Cloud Edge-to-Edge HopiumRDN/USD 1W Ichimoku Cloud potential edge to edge trade of +1700% if cloud resistance broken.
Price is above Tenkan line (blue) and consolidating below Kijun line (red) and cloud resistance.
Seems to be forming some sort of bull flag/ ascending triangle on the 1D chart.
Lagging span (green) has made its way above price action indicating bullish momentum.
High timeframe momentum oscillators are leaning bullish.
Lettuce pray for this meme.
Happy trading :)
RDN/BTC (Strong Breakout; hitting key resistance)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 support
-and continue higher up to 2800s
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.
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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 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.
#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
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.