RDDBTC trade ideas
Redd Coin (RDD) BUYER BEWARE!! DO NOT BUY!RDD/BTC
You may have seen this in the past when the order and sell books fill up either side with large orders.
If you enter into this coin you won't be able to sell out unless you lose 1 sat per coin you hold.
The books have been loaded and you will be trapped this is on Bittrex.
This is a warning to all traders check buy and sell books before you buy!
Make sure to Follow Dollars and Senses as we are here to look out for you!
Could we see a breakout soon??? RDD has been accumulating lately and we could see it finally breakout. It looks to be forming a symmetrical triangle. MACD looks rather bullish.
However, for this I would wait for a confirmed breakout.
For those that are risk takers a good entry would be below 80 sats.
Main target is 0.00000123 (~~53.75%)
S/L: 70 sats .
Remember this is just a thought so, DO YOUR OWN RESEARCH.
Cheers.
Reddcoin - this is not going to end well.First of all the coin is going down, the next support is at 65 or even lower at 45.
The EMAs, (50 and 100), are long gone and the volume is also heading down, (exaggerated blue line in my graph).
But more importantly the "social" coin seem to have lost its way
- No dev
- No updates
- No Facebook presence.
- No twitter presence.
- Rumours that the one and only dev did a runner.
- No real development, (none that we can see in months, there was a release, by come on... after 4 years, we expected more...).
The only time the coin rises is when it is been pumped... and now dumped.
I will buy back when it is below 30 ... and wait for the next pump
OVER 500% GAINS ON REDD COIN AKA REDDIT COINWITH REDD COIN MOVING UP IN MARKET CAP RANKINGS FROM OVER 150 NOW TO THE TOP 100 UNDER 99, REDD HAS CAUGHT THE EYE OF MANY WHALES AND SHARKS GETTING READY TO PUMP THIS COIN UP TO THE HEAVENS AND BEYOND.
HOLD
SELL WHEN IT BREAKS OUT
RDD//btc BITTREX:RDDBTC
WOODROW FUNDAMENTAL RATING FOR RDD: 6/10
WOODROW TA RATING FOR RDD 7/10 OF BREAK OUT.
RDD must do it's way!!!At this time, i think RDD will get a soft bump, maybe it can touch the 0.618 Fibonaci (about 0.00000137 - 0.00000140) and retest again the support prices 0.00000070.
Why did i think it will retest at that support? it's too low, right? Because at that time, the TET holidays of Chinese is ongoing, and this reason will bearing to the market, and if that support is unbreak, RDD will fly again like it does!
Certainly, it dependent on the King: BTC !
Prices at this time is GREAT, and i think u can't find a better one!
Thats my opnion! but hope it can help!
Sry for my bad English!!! Thank you!
One last bounce of the 50 EMA?In the past few weeks RDD has bounced off the 50 EMA.
Will it happen one last time before falling well below?
I really don't see much more than 104 and an entry point of 90
As I said in the past, this coin is definitely in a downward spiral so don't expect much more than a quick 5%/10% profit ...
Will Reddcoin deliver a pleasant spring surprise?Reddcoin has delivered some spectacular returns for those who got in before the price explosion in December 17. The chart has been very messy but I wonder if an ascending triangle is forming?
It will be interesting to see whether it follows the price path I've drawn out here and if so, the intensity of the breakout.