Reddcoin (RDD) - Fundamentals never lie!
Updated
Hello guys. :D
I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today!
Prove of link: twitter.com/reddcoin/status/1010869633203802112
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.
I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today!
Prove of link: twitter.com/reddcoin/status/1010869633203802112
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.
Note
Im sorry my articulation is not the best and I sometimes make english mistakes! Working cosistently to get my english better. :)Trade active
Major support zone reached. Lets see if this breaks down or goes up! Stoploss thight!Trade closed: stop reached
Stop reached, have a feel that I have been a few pips too deep with stoploss. Anyways we can take a look if this plays out the way I wanted eiterways.Note
seems that the resistance at my drawn line is real!Note
RDD is in our triangle formation and keeps following my drawings.Note
Still on track of my triangle lineTrade closed manually
Out of my triangle
KSC
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