RDDBTC trade ideas
REDDCOIN: CONFIRMED REDD ID RELEASE DATE - PROFIT = 44.83% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 44.83% PROFIT!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
June 19: Reddcoin announces testing of ReddID to start on June 24.
August 14: AltDex lists Reddcoin.
August 14: Kompler.exchange lists Reddcoin.
August 14: Reddcoin announces release of Red-ID in September 2018.
August 15: BiYong social network partners with Reddcoin and giving it access to millions Chinese users.
August 21: Reddcoin (RDD) Confirms Redd ID v1.0 Public Release in September 2018.
August 26: Switchain lists Reddcoin.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
REDDCOIN: BI-YONG - MILLIONS OF CHINESE USERS? - PROFIT = 30% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 30% PROFIT!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
June 19: Reddcoin announces testing of ReddID to start on June 24.
August 14: AltDex lists Reddcoin.
August 14: Kompler.exchange lists Reddcoin.
August 14: Reddcoin announces release of Red-ID in September 2018.
August 15: BiYong social network partners with Reddcoin and giving it access to millions Chinese users.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Signal RDDBTC Reddcoin RSI looks Good Buy before Bull RunBuy at 53 satoshi
Stoploss at 49 sat
Target:
76 sat
99 Sat
122 Sat
Risk/Reward
8%/150%
When we see 49 Satoshi we will consider to sell Our Coins and wait to see a new buy signal between 23 and 43 Satoshi!
So use a Stoploos or Capital Management with this Trade Setuo!
Do you Have Questions please comment below, like and subscribe for more Chart Analysis.
REDDCOIN (RDD/BTC) - DRAGON ZONE - BUYINGWe are in strong downtrend and will not hope to find exactly the bottom. But I think now is not the time for buying.
Wait the reaction of market and put money in accumulate zone of price for safety. Using Fibo to find 2 good buy zone and divide money to invest on this.
Thanks you for reading. Good luck!
Reddcoin Trading Idea and Potential opportunityTrading in a falling wedge pattern or Bullish pennant, with price testing the bottom side of the pattern whcih equivalent to 138.20% fib extension of the previous pattern moves.
The following are potential supports to look for and probably taking some buy position from them when ever price come to the area good bounce is expected.
0.00000031
0.00000025
0.00000015
0.00000005
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$RDD, Bounce Or Disaster…
Weekly
Looking at our trend timeframe we see price has reached our major support zone at 55 satoshis. Momentum showing we are heading towards the downside, with no signs of slowing down. Will watch daily timeframe for a reversal, if we do not hold at this level expect a drop to 35 satoshis. A daily close above 60 satoshis activates our trade.
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free
Support at your fingertipstranslated by Google
We are experiencing market slump again at around 5-8 %, and if we look at the market only from the TA perspective, there is probably no change until the end of the week, because it looks like BTC will go into $ 6300, or worse, $ 6000. This decrease can help ReddCoin get its price on the 0.00000057 BTC support, which can then cause correction within the falling trend channel.
RDD to recover +5% with MACDThe RSI is very, very low indicating a possible recovery but the MACD is still indicating pressure.
The Crypto market is looking better this week, (some good general announcements), and, traditionally, #RDD follows that pattern.
In the last month when RDD has hit 30RSI it bounced back to a solid +60 so I would expect it to climb back up.
I would buy at around 75-77 and aim to sell again at about 85 with a stop loss around 69.
Keep an eye on the MACD as a good indicator of a turn around
Reddcoin (RDD) - Fundamentals never lie! Hello guys. :D
I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today !
Prove of link: twitter.com
Just have seen a very promising scenario but im no financial advisor do everything on your own research !!!
In my point of view we have a big triangle pattern, that just has come to an end. As we all know the end of a trianlge is always spicy , as well as upwards and downwards . And with the incomming fresh news we will see for sure a Breakout in my opinion.
Also we are on a great support line that we bounced off many times in the past. Support Zone ~83 Sat .
BUY EVERYTHING ARROUND 83~ SAT
Resistance Zones marked as R1 & R2 are at 104 & 125 sat, so keep an eye if you looking to sell off in a short time period.
RSI is showing good sings off pullback if you take a closer look.
I would recomend you to take 77 Sat as your stoploss !!
Tell me what do you think about this one?
Cheers,
Kasmirpuma.
REDDCOIN: PARTNERSHIPS & REDDID LAUNCH DATE - PROFIT = 36.23% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 36.23% PROFIT!!!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
This partnership will integrate Phore, which supports Phore Digital Currency(PHR), will integrate Reddcoin (RDD), enabling both PHR and RDD to be used for eCommerce.
(NEW) June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
(NEW) June 19: Reddcoin announces testing of ReddID to start on June 24.
ReddID is name-based tipping across social networks and platforms, with all data stored safely in the blockchain. Beginning June 24, selected members of the public who have signed up for our Internal Beta test will be given access to the software and allowed to test features of the software deemed ready for release. The ReddID product is currently packaged as a Chrome Browser Extension, but will be available for Firefox and made as widely available as possible.
The price increase is the result of the positive developments outlined above and a recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***