RDD Worth watchingRDD is worth watching here.
Deep retrace of full emotional cycle
Bouncing off the long tern trend
3 day RSI turning with plenty of room to grow.
Traveling through the cloud looking for support
RDDBTC trade ideas
If you missed our first HUNT, you may want to check this!REDDCOIN/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00000080).
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00000058(day close price) based on reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 208
Closed trade(s): 108 Profit
Open trade(s): 100 Profit
Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000083(current price) -0.00000058(open price) = 25
4 trade(s) still open, therefore total profit for open trade(s) is 25 x 4 = 100
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
If you missed our first HUNT, you may want to check this!REDDCOIN/BITCOIN
New trading suggestion:
*The price is in a range bound and we forecast the uptrend would resume.
* If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.00000080).
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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00000058(day close price) based on reversal candle ( Hammer ) at 03.18.2018.
Total Profit: 208
Closed trade(s): 108 Profit
Open trade(s): 100 Profit
Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000083(current price) -0.00000058(open price) = 25
4 trade(s) still open, therefore total profit for open trade(s) is 25 x 4 = 100
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in a range bound and resumption of uptrend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 41.
RDDThe price moves within a sub-triangle
It is possible to break through the triangle and then climb to the line
The main bearish trend to be the top of the Tho is again tumbling to levels
Support from 85 to 80 Satoshi
And then rebound again and in case of breaching the main bearish trend line
The potential target is 113 Satoshi
RDD/BTC Analyzing REDD, it looks that this coin is a standard coin, resmbling to most of the other crypto coins. In the future it seems, it is going to have a deal with a game company and a return to the stream. I think it is a coin more suitable for the short term profits, but I do not see it promising for the long term. I recommend GIFTO instead of it.
The Fibbonaci indexes on my graph (based on Tomdemark and StochRSI) it can be seen that there is not going to be a big break of this coin unless the BTC rises and thus REDD is expected to fall to the support line.
#RDD looking prime for a move#RDD is one of my favs on bittrex to trade and has been consolidating for quite some time. MACD crossing over and OBV looking solid. Just need a spike of volume to cleanly break the downtrend line. Targets are blue lines
RDD FUTURE CHARTThis is a 1 Day Chart RDDBTC. It seems that RDDBTC has respected the 0.382 of the fib. I am looking for a push upwards after this sideways trend pattern. I honestly think all the Alt coins are waiting for BTCUSD to make a move upwards. I have been holding RDD for a long time now and no real major push upwards. I believe that RDDBTC needs to get onto a Major exchange Like Binance or this really wont go anywhere. This coin need a major push in volume or a huge fat finger too $1 and hold. As of right now, I do think we may bounce upwards very soon. Just have to wait and see. Lets go RDD!
RDDBTC Bittrex 1D up to 24MAY18 Crypto Trading Analysis (TA)BITTREX:RDDBTC
1D Chart, also works in 4H, at this time ReddCoin (RDD) is testing by third time the SUPPORT ZONE 2 since April 25 (0.00000080 BTC), gaining strength to move towards RESISTANCE ZONE 1 (TARGET 1 0.00000100 BTC). The 50, 100, 200 MA is increasing its 100/200 days signals separation (GREEN ARROW), the Volume is increasing -EVENTUAL PRICE INCREASE- (ORANGE ARROW) and the Stochastic RSI Index & MACD and are both about to pierce up below 20 RSI Signal and Histogram respectively (BLUE ARROWS), we could spect the RDD price to move UPwards in the next hours. But remember, this is our optimistic approach, keep in mind that is plenty of possibilities to witness a reverse from any point at any time. At this time the Market Cap is recovering at 333 Billions and the BTC is traying to recover from $7.5K. Good Luck!
Grafico de 1D, también funciona en 4H, en este momento ReddCoin (RDD) está probando por tercera vez el SUPPORT ZONE 2 desde el 25 de abril (0.00000080 BTC), ganando fuerza para moverse hacia RESISTANCE ZONE 1 (TARGET 1 0.00000100 BTC). El Indice 50, 100, 200 MA está aumentando su separación de señales de 100/200 días (FLECHA VERDE), el Volumen está aumentando -AUMENTO DE PRECIOS EVENTUAL- (FLECHA NARANJA) y los Índicadores RSI Estocástico y MACD están a punto de cruzar ascendentemente sus señales desde abajo de 20 RSI y el Histograma respectivamente (FLECHAS AZULES), podríamos espetar que el precio de RDD se mueva hacia ARRIBA en las próximas horas. Pero recuerde, este es nuestro enfoque optimista, tenga en cuenta que hay muchas posibilidades de presenciar un retroceso desde cualquier punto en cualquier momento. En este momento, Market Cap se está recuperando en 333 Billones y el BTC está tratando de recuperarse de $7.5K. ¡Buena suerte!
"Bitcoin will do to Banks what Email did to Postal Industry / El Bitcoin le hara a los Bancos lo mismo que el Correo Electronico hizo a la Industria Postal"
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Reddcoin/Bitcoin (Market Cycles) As you can see from the chart it's interesting to watch whales playing games on this coin. Always retracing over 90% each time from the top to the bottoms. Because this coin has not done anything apart from acting like a pump and dump, i'm assuming its going to dump all the way to:
- Entry: 23- 13 satoshi
- Exit: I would go for anything above 300%-500% my entry
:D
For now, I am very bearish and wish not to touch it until at least 30 sats. In addition I do not know when exactly this will stop bleeding so let it do its thing.
RDD is forming H&SH&S coming up. If BTC will go down, rdd will follow. We have 2 support levels. Expect a bounce on the first line.
#RDD is extremely undervalued#RDD is so cheap and forming a wedge. RDD is one of the most hyped coins still on bittrex and is due for a breakout. Expect RDD to break out of this wedge and get rejected by the overarching downtrend line. After a failed breakout and retest, RDD will break upward, target is 25%.
RDD Coin looks bullish, hitting its lows! Here is my thought process on Redd Coin.
The coin is available to trade on Bittrex .
My opinion on RDD/BTC is bullish as it has volume accumulation and RSI near 30 suggesting the coin has been over sold.
The price movement for RDD for the past month has seen dramatic price (30% or more) increases at various time frames and I think it will make another jump in price of atleast 30%.
That being said, the stop losses are set tight and the buy & sell prices are also set but these are only my opinion.
I hope it helps. Good luck!
RDDcoin on the weekly chart, Dual Fans [BTFD]RDD looking very nice with the dual gann fans
pretty profits love it, boy low sell high innit!
Reddcoin Round 2, Long Looking at the daily we see price has hit major resistance @ 115 satoshis, and has since retraced as low as 77 satoshis. Stochastic RSI showing momentum has radically shifted towards the downside. Until BTC has found support, expect altcoins to follow after some consolidation. Expecting a drop towards 60 satoshis in the next couple days. If price does not hold at this level expect RDD to fall as low as 50 satoshis.
Conclusion
Buy after support is reached @ 62 and daily confirmation of support.
RDD Coin Bull Flag! Strong BUY! Looking at the RSI, RDD is oversold and close to 20!
Short EMA is separating from the Long EMA at (5,12) periods. They will soon diverge as the coin has been over sold.
I think this is a great time to Buy RDDBTC!
