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RDDBTC

RDDBTC Bittrex 1D up to 02APR18 Trading Analysis (TA)RDDBTC Bittrex 1D up to 02APR18 1D Chart, also works in 4/1H, at this time the REDDCOIN (RDD) has been floating on SUPPORT ZONE for days after a downtrending crossing movement of the 50 MA Indicator, now the same indicator is moving toward a new inverse cross, along with a slightly ascending movement on the MACD and RSI (Blue checkmarks), if the river keeps this pattern we will have fresh fish for lunch, if something goes wrong we will return to can food. At this time the Market Cap in trying to move over 261 Billions. Good Luck! 1D Chart, también funciona en 4 / 1H, en este momento el REDDCOIN (RDD) ha estado flotando en SUPPORT ZONE durante días después de un movimiento de cruce descendente del Indicador 50 MA, ahora el mismo indicador se está moviendo hacia un nuevo cruce inverso, junto con un movimiento ligeramente ascendente en el MACD y RSI (Checkmarks azules), si el río mantiene este patrón tendremos pescado fresco para el almuerzo, si algo sale mal volveremos a la comida enlatada. En este momento, Market Cap intenta moverse por encima de los 261 billones. ¡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"
Short
by rodulfox
RDD - Bottom Found?If support found on 65 level, we can expect it to move up to retest the high on 26th of Feb. If support found at 100 then it's off to 300 next. On the flipside, if resistance is found at this nearby 65 level, price may head back down beneath this downtrend line in blue. = What we want is 1. Higher Trough 2. Higher High 3. Bullish candle over the 65 level = We don't want 1. Lower high 2. 65 level rejection We may retest the 50 level. Price action will reveal all. In the words if Warren Buffet " In trading there are only two rules " 1. Don't loose money 2. Don't forget rule one
Long
by benjaminthriving
RDD is showing positive signs, time to buy?Hello Friends, RDD, our old favorite coin is on support around 67 sats and decent bounce from the support. Currently trading at 72 sats. With RSI and MACD showing positive signs and Price is trading above the 5 MA. One can buy at 72 sats and Book profits around 96 sats which is triangle resistance. 50 MA, 100, 200 MA can act as resistance, comparing to the past, Price has easily broken those levels, so I expect the triangle in no time. Note: Bitcoin price can impact the alts coin price. So play with caution and stoploss.
Long
by maheswar81
4
Did Reddcoin Bottom Out? Hey guys, just a reminder I am still new here but have been watching Reddcoin for a while. It seems the charts don't start flowing in until huge spikes happen. I want to try and catch one of these bad boys. Anyways, what we have here are the 3 rounded bottoms since the beginning of the last bull run. The volume has been a bit stready so I want to wait and see how that changes in the next 24 hours. It looks as though we have bounced off the neckline trend and rounded upwards. Please chime in. Any advice would be greatly appreciated.
Long
by kemmdogg
ReddCoin (RDD) Strong Breakout (100% Potential Profits)ReddCoin is having a very strong breakout, but what will happen next? I was looking at ReddCoin (RDD) earlier trying to figure out if this was a real breakout or just a manipulated pump. I couldn't figure it out at first, but it is looking real now. Above you have two charts: (1) 2 hours chart on the left and (2) a daily chart on the right. Now, before we get started, let me tell you that there will be a retrace coming. When there is a huge breakout, a retrace follows. And looking at the bollinger bands, on both the 2h and daily charts, we are already outside the band, which points to a retrace. Now, let's look at the charts: - Huge breakout on the 2 hours chart, and the RSI reaching the overbought zone. This also confirms the coming retrace. This is nothing new, just plain simple and normal. - All the indicators have turned super bullish on this time frame. - On the daily chart, the MACD just crossed over and it is showing plenty of room for growth. After this breakout is confirmed, we can expect more upward action. - The RSI is also very bullish and going up, as well as the DMI, OBV and STOCHRSI. - The STOCH indicator is reaching overbought as well, more proof that a retrace is coming soon. Note: The order book is very heavy on the sell side. How To Trade? Since RDD reached almost a 100% increase in less than a few hours, it is better to wait for the retrace before jumping in. If you do jump in on this trade, you can use the targets that I will be sharing below in order to sell for profits. Note: This is not a trade recommendation. I am not recommending this coin. But I am sharing this analysis by private request and will provide some targets for those interested. Please think carefully before trading and make sure to have a plan. Set up some goals. My strategy is always very, very simple: 1- Buy and hold. 2- Sell on target. 3- If the trade goes south, sell at stop loss price or hold for LONG and sell for profit when the time comes. * Pretty simple. Thank you for your continued support.
by AlanSantana
50
Redd Coin (RDD) BUYER BEWARE!! DO NOT BUY!RDD/BTC You may have seen this in the past when the order and sell books fill up either side with large orders. If you enter into this coin you won't be able to sell out unless you lose 1 sat per coin you hold. The books have been loaded and you will be trapped this is on Bittrex. This is a warning to all traders check buy and sell books before you buy! Make sure to Follow Dollars and Senses as we are here to look out for you!
by DollarsAndSense
28