RDDBTC trade ideas
$RDD Bull Flag$RDD looking good right now. Bull Flag ready to push to the next level. No volume but big accumulation spike. Its a shit coin but a good time to pick up a nice big bag for alt season. Should push through this Ichi and get ready for the 4 hour one.
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RDD - Bottom Found?If support found on 65 level, we can expect it to move up to retest the high on 26th of Feb.
If support found at 100 then it's off to 300 next.
On the flipside, if resistance is found at this nearby 65 level, price may head back down beneath this downtrend line in blue.
= What we want is
1. Higher Trough
2. Higher High
3. Bullish candle over the 65 level
= We don't want
1. Lower high
2. 65 level rejection
We may retest the 50 level. Price action will reveal all.
In the words if Warren Buffet
" In trading there are only two rules "
1. Don't loose money
2. Don't forget rule one
Trying To Flip the coins I staked I"M HODL to stake more Reddcoin but have a few targets as it aims to its ATH again. Hoping for this to be another bottom But Ive seen have 50%+ return in a day a so many times even doing Feb, Good luck, I'm a gambler, This isn't financial advice . Good luck
RDD Repeating History! Get out nowIf RDD drops below 67 I am exiting my positions here.
Highs/ lows and supports are so damn close to being the same as in June 2017.
RDD is showing positive signs, time to buy?Hello Friends,
RDD, our old favorite coin is on support around 67 sats and decent bounce from the support.
Currently trading at 72 sats. With RSI and MACD showing positive signs and Price is trading above the 5 MA.
One can buy at 72 sats and Book profits around 96 sats which is triangle resistance. 50 MA, 100, 200 MA can act as resistance, comparing to the past, Price has easily broken those levels, so I expect the triangle in no time.
Note: Bitcoin price can impact the alts coin price. So play with caution and stoploss.
Don't listen to meI'm no CryptoTrade Broker but I've been with Reddcoin since it was as 17 sat. It has been a blessing But Since the market has been so crazy and unpredictable, I'm not sure which of my targets I'll sell and rebuy. Depending on when and where I"ll be at the moment.Regardless, I'm LONG HODL Staking Reddcoins. It does look like a strong bottom at 67 Sat. If it is on a uptrend, my Red lines indicate consistent resistance levels while it went from 17 sat to 195 sat and also it had the same resistance as it went down to this bottom level . Everything Speculations though. Just because it happened once doesn't mean it will happen again. I do like their project. Good Luck, Do your own research!
Long term RDD ideaMy idea on RDD based on the previous patterns. RDD had 2 very similar runs which most likely will be repeated in the future.
my rdd entry strategythe trading signal is based on technical analysis, over the past days we have seen how the support level have proven itself to be a strong level for price to break....the top line shows my expected profit target ....
RDD Needs VolumeI am just not sure at this point. There needs to be some volume. But it sure is testing that neckline trend is almost at the 62 sat support. If some volume accumulates it may bounce off but we shall see in the next few hours.
Did Reddcoin Bottom Out? Hey guys, just a reminder I am still new here but have been watching Reddcoin for a while. It seems the charts don't start flowing in until huge spikes happen. I want to try and catch one of these bad boys. Anyways, what we have here are the 3 rounded bottoms since the beginning of the last bull run. The volume has been a bit stready so I want to wait and see how that changes in the next 24 hours. It looks as though we have bounced off the neckline trend and rounded upwards. Please chime in. Any advice would be greatly appreciated.
Why NOt!Personally Aiming for 3 targets before correction
sell @ 90/95
Buy @ 83/85
Sell @ 110
Buy @ 90/95
Sell @ 125/135
Buy @ 110/115
Sell @ 195
Wait for Correction...
RDD/BTC Looking To Run After Confirming 50 EMA as SupportCheck the notes on the chart.
**I'm not a professional, trade at your own risk. I'm simply sharing my trades and reasoning behind them.**
Feel free to comment if you see something wrong or thumbs up if you agree.
Don't mind me. Just a thought.I am very new to charting. So do not mind me just throwing some ideas out there. I notice that after the first impulse wave there was a nice upward consolidation before another spike. That seems to be happening again even though it is much smaller. The volume has risen overnight pretty nicely. On the 1d it still seems as though we could be on Wave 3. Waiting to see how this smaller consolidation goes.
I am probably wrong. Tell me why so I can learn more.
