ReddCoin (RDD) Opportunity Buy (530%+ Earnings Potential)ReddCoin (RDD) - Another coin that meets our criteria to be a huge winner.
We only have upsides here. This coin shows a strong breakout after reaching a bottom.
Allow 3-500 weeks for this trade to develop.
Diversify and invest only money that you can afford to lose.
With that said... Now, let's trade!
** Buy in: 26-30
** Stop loss: 17
** Targets:
(1) 46
(2) 64
(3) 78
(4) 93
(5) 113
(6) 139
--
(7) 214 new ATH
(8) 336
Indicators:
- All the usual suspects: MACD, RSI & STOCH showing bullish signals.
- Strong breakout upwards.
- Uptrend confirmed.
- All Time High 139
Trade active @ 26
Message:
How many days have passed, since we started this game?
How much money have we made, since we became friends?
Well guess what? This is only the beginning, a lot more will come.
Stay close to me, and I'll show you the road.
Stay close to me, and I'll show you myself.
Opportunities abound, when you know your true self.
Namaste.
P.S. Another message on the chat :)
All credits goes to the person that send this tip to me to check this coin out.
RDDBTC trade ideas
Entry level for Reddcoin RDD - might see some parabolic actionReddcoin might give us a nice opportunity to a 5 or 6X move in the near future. After a deep 2nd wave correction we are ready for some real action in the 3rd impulse wave.
3rd waves are common to have the biggest movements so hold on tight!
reddcoin ready to rub again ??? massive volume gone into this coin over last few days
looks to be following the 15mins cloud ready to leap off it anytime soon
going on that it has completed 4waves of a 5 wave elliot set and the fib extensions we get from those
we could be looking at another good run for this coin
buy 38sats
keep stop tight as many alreadt taking profits from first run up !!
TARGET 1 66sats
TARGET 2 80sats
REDDCOIN off to the m00n ?massive volume gone into this coin over last few days
looks to be following the 15mins cloud ready to leap off it anytime soon
going on that it has completed 4waves of a 5 wave elliot set and the fib extensions we get from those
we could be looking at another good run for this coin
buy NOW keep stop tight as many alreadt taking profits from first run up !!
target 1 65 sats
tartget 2 70sats
happy trading
RDD breaks downtrendRDD broke downtrend and now ranging taking small safe steps upwards. It could be heading to 45-52 for a strong first potential resistance zone. From there we could see 63-70 +
Considering RDD is focused on social media this would make it a good choice for the future.
Let's wait and see where this goes in the next few days / weeks.
Reddcoin to the moon? I cant really express all of my thoughts here fully through because of the maximum characters limit so il try to compress it as much as possible, and these are just my opinions & observations if you have anything else to add or think otherwise i would gladly like to know what you think about this.
This is mainly a long term investment.
Recently reddcoin has recevied a lot of attention because of the supposed release of "REDD-ID" which would enable the true use of this cryptocoin.
ROADMAP FOR REDDCOIN 2017-2018 i.imgur.com
What is Reddcoin
Now if you don't know what reddcoin is, it is a cryptocurrency which is revolved around the "social" use of transactions made online. The way i understand it is that it creates a flexible alternative for example funding or as they say themselves " tipping " your favorite content creator on the internet removing the intermidiary body (PayPal, Skrill & others) where the perhaps best of all is that the "tipper" remains anonymious and skips larger transaction fees and possible post-taxations if you are on the receiving end, leaving more in the pocket not to mention the current fee of just using Patreon and the notorious chargeback abuses
The creators that would benefit that from this crypto currency type of funding are obviously the ones linked closely to social media such as your next door youtuber, streamer using the most popular platform "twitch" ,your favorite online news-magazine and the emerging e-sports industry. Yes E-sports, it is closely linked to exposure because it is actually more of a show business income wise, because it relies HEAVILY on the exposure & advertising generated by VIEWS. And what else is connected with exposure, Social media thank you.
And the community of gamers are well known for their content creations, mostly dominating the main stream social media.
Considering the main "product" of this service is about to be released if following the roadmap the value of the coin can increase quite significally, on top of that the coin is the currently 7th most popular right behind RIPPLE according to the cryptocurrency popularity index
Why do i think that this will be adopted by the content creators if received correct attention?
NO MORE CHARGEBACKS PayPal, has this major issue where people do fake donations and claim chargeback afterwards making the money refunded larger that received because of additional fees the receiver has to pay for a chargeback
Easy to setup
Fast transcations
Anonymious, No one knows who you are if you decide to contribute
Tax Free/ no fees, for example Patreon takes 5% from earned revenue and 5% in transaction fees making it 10%
No real intermidiate body, de-centralized, no need for a middle man like PayPal for example
Considering these points i think that in the near future the value of the coin can sky rocket if no real competitor shows up just in time to screw Reddcoin over.
There are however cons for this aswell. Since it isn't the most popularized currency like ethereum, ripple it is subjective to P & D's. Another thing to keep in mind is that Kimdotcom (yes) is currently developing his own currency with the same idea called "Bitcache" link which could be bad for Reddcoin if the public favours the other.
Im saying this because in the end i think Kimdotcom has the deeper pocket to more effectively market Bitcache as the "new and hip" social currency. But it is yet to be seen because it is currently non-existent and just an idea as far as im concerned.
Just stop staring at charts and do some researchSame goes for me.
This entire sector looks good technically speaking. Find your coin(s).
Market cap just reached 150billion new ATH and climbing. My guess is we are approaching a bear market or we are in wave 3 on a larger scale.
Interesting to note. When you look at the market cap back in 2014 before it took a dump. It hit 15Billion before it entered a 2 year bear market, before that it corrected at 10 billion.
Very similar to This year when we saw a big correction at 100 billion and now this.
2 years later and were X10 basically. Always keep track of the bigger picture.
coinmarketcap.com
RDDBTC Remember in April-May when we had plenty of coins under 100 sats and suddenly in June there was none ? My guess is that everycoin under 100 sats is great deal right now . I like Rdd because it has news coming this month and it's the lowest out there on Trex . No risk no gainz . Entry is 22-26 area for me