RDDBTC
Reddcoin RDD rebuy levels - Elliot WaveElliot wave classic A, B, C retracement for Reddcoin.
For rebuy levels look for the fib retracement of the following levels:
0.618
0.786
If you followed our last Technical Analysis on RDD you are enjoying some real nice profits by now!
Be prepared and trade smart!
Reddcoin is in a possible downtrendReddcoin seems to follow XVG and I think that that train lost it steam at the huge red candle that occured earlier. Reddcoin's indicator are not looking very dandy either. MACD and RSI are dipping and volume is decreasing. This means selling pressure > buying pressure. It seems to find support and resistance around the 63-68sats area. It it drops down 63 sats it might mean a bigger drop. I'm selling a part of my position aswell.
Taking a look at RDD and possible profit takingI have a small position in RDD and was interested in looking at profit taking after these bullish movements (I wouldn't rule out a pump and dump). Drawing a fibonacci retracement from the current price to the start of the rally shows signs of resistance/support lines. Watch out for these levels when buying/selling. You could possibly also see signs of what led up to this rally. Constant volume for a while which could mean accumulation which eventually led to a breakout. This is on a very small timescale so it might not be very accurate.
RDD (Reddcoin) don't buy until it hits this line
this is in a very strong pullback right now. wait until it hits around this line for entry
Reddcoin RDD 'Reddcoin RDD finally woke up! If you acted on our Technical Analysis of november 20th you made some real nice gains by now.
Fib extensions on the RDDUSD chart can be taken as guidelines for profit taking.
Reduce risk, stick to your plan and don't let greed get the hold of you.
Hard to tell what is possible. If the RDDBTC chart is still representative than we might see some crazy numbers...
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.
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!