[RDD/BTC] - Cup & Handle! ~30%++ ProfitGood Morning everyone! here's another profitable trade if it plays out right.
** Cup and and handle is the most common and profitable pattern!
Reddcoin looks pretty solid. It's had some crazy gains the past couple of days and now it appears to be building a cup and handle.
RSI and MacD showing signs of a reversal, I'm assuming its forming a handle. This coins is worth watching for sure.
As always this is my trade opinion and the strategy i am implementing for my trades. Do your own research and never risk more then you can afford to loose. Please feel free to ask me questions and or comment your thoughts and ideas.
Thank you & Best of lucks! (:
RDDBTC trade ideas
RDD - Great entry pointI Remember a while back I wanted to buy Lumen when it was 200. It's now over 4000. I missed out on it and I am not going to miss out on this one. This is a great entry point and this coin has seen a lot of action in the past 10 days. Let's of bullish momentum and we might see it scale up a lot in the next couple of days.
his coin has seen a lot of P&D and once even %100 in just 5 min that got back down after 10 min. So be careful with that.
I think a good entry point is - 83 - 95. Stop loss at 75.
My 1st target is 112, after that 163.
Hold it for long.
Don't buy what you can't lose. This is only my opinion and in no way am I know whats going to happen so invest at your own risk.
Happy 2018!
RDD huge potential for 800%BITTREX:RDDUSD
Fundamentals
Reddcoin is the social currency that enriches people’s social lives and makes digital currency easy for the general public. Reddcoin achieves this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money fun and rewarding for everyone.
This is going to huge before Mark Zuckerberg brings in a coin for Social media. Currently, it is a rumour. Time would tell.
Read more RDD
www.reddcoin.com
Technicals:
Watching this coin for a month now, Good volume. I am long from around 35 levels, I thought it wnot wake up after John Mcaffee call. As soon as he gave a call, it was pumped to 185 (ATH) and dumped to 60 levels. I thought it is gone case, but it is really surviving. Back to 140. So I am happy to recommend this coin, even if it falls it would come back.
Entry : 140
Target :
200 (Fib levels 1)
323 (Fib levels 1.618)
523 (Fib levels 2.618)
633 (Fib levels 3.618)
933 (Fib levels 4.618)
I personally bought 400k coins, will exit 200k coins at 200 levels and leave the remaining to $1 value. As of now, it is at 0.01$, yes 100X.
You can exit as you like. Resistance would be seen at every levels.
Our previous Members only analysis
RDD - New All-Time High?Hi guys, I have news..
On this RDD/BTC 30min chart we can see that RDD is trying to break the resistance line.
It previously failed and dipped.
If it manages to break it, well done RDD, you get a chance to break your all-time high.
If not, there's a possibility it will fall down to the support and bounce back for another try.
Good luck on your trades!
Share your thoughts :)
Potential Cup & Handle Developing In ReddcoinReddcoin looks pretty solid right now. It's had some crazy gains lately but now it appears to be building a cup and handle . RSI strong but showing signs of a reversal (which could be the handle). Stoch overbought and allows for downside. Worth watching for sure.
PM me for targets or custom charts.