#RDNBTC 269%+ Potential Rally aheadWelcome to this quick Trade Setup, everyone.
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RDN broke out of the 168 days resistance trendline.
This is a daily chart so it's highly likely we will see a good rally here.
It is currently retesting the resistance turned support.
Also trading above both 50D and 21D MA.
The on-chain shows big accumulations of almost $1.2 million worth of buys in a single day, a steady accumulation since the last few weeks. No major pump is seen to this day.
Accumulation Range:- 980 sats to 1150 sats
Targets:-
1465
1692
1858
2401
2993
3453
Stop loss:- 841
DYOR before taking this trade.
Also, I keep an eye on the Dominance chart. IF BTC.D bounces and becomes bullish I exit my ALT/BTC Pairs.
If that scenario comes I'll let you know so don't worry.
What's your thought on this?
Do hit the like button if you like this trade setup and share your views in the comment section.
Thank you
#PEACE
Rdnbitcoin
RDN Raiden Network Token Daily Trade Setup RDNBTC RDNUSDT RDNUSDRDN Raiden Network Token Daily Trade Setup RDNBTC RDNUSDT RDNUSD
RDN/BTC (Good Bounce @ Key Support?)💎Technical Analysis Summary💎
BINANCE: RDNBTC
-Raiden Network Token tested the key area of support and saw a good bounce
-Though this is a good sign because the support is being respected
-But this is still not enough to confirm a reversal of the downtrend
-We need to see reversal patterns like Double bottom or IH&S patterns
-Until we see multiple reversal signs, this small rally will not hold longer
-I recommend to wait and be patient until the key signal shows up
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RDN/BTC (Daily Pullback)RDN/BTC
-Raiden Network Token is now pulling back to key areas of support
-The important level to be watching is around 2800 sat area
-This is a confluence of previous resistance turned support
-And additional support Fib level at 0.786
-Be sure before entering a position, wait for any Bullish signs of reversal
-We want to reduce the risk involved as much as possible
RDN/BTC (Strong Breakout; hitting key resistance)RDN/BTC
-over 90% price pump after cross ultimate indicator flashes
-the price is hitting mid resistance area
-I do not recommend to buy at this level
-already missed the best entry point
-if you like to trade this coin
-wait for the consolidation or acceptance above the 2300s
-this will give extra confirmation that the bull
-have taken this new area of support
-and continue higher up to 2800s
Raidens Pulse. (RDN)2 week showing signs of the Crossover that we are seeing on a lot of altcoins.
Extremely exhausted.
Long term hold. Let's get that final crossover.
Stats:
Price: 11 cents
Market cap: 5.5 million
24 hr volume 2.5 million
Circulating supply: 50 million (not bad at all)
Raiden is a protocol for fast, cheap, and scalable token transfers on ethereum. Raiden is similar to bitcoins lighting network in that you can transfer tokens through privately exchanged messages without having to involve the entire consensus protocol.
Raiden will deliver "near-instant, low-fee" payments regardless of the number of transactions being processed in the network.
Trading Idea on RDN.Hello Traders,
For RDN/BTC we are testing a resistance line, if we break this line above we will wait for some acumulation and enter on next breakout or pullback, like is market on the chart, at the green box.
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RDN/BTC (Potential breakout?: up to 35% profit)RDN/BTC
-potential local trendline breakout
-trading above 200MA and 50MA on 4H chart
-RSI level is above 50 which is bullish
-must hold the key support at 1224 sats
-upside target is up to 1622 sats
-stoploss below 200MA
RDNBTC formed bullish Shark | Upto 16.5% bullish move expectedPriceline of RDN / Bitcoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001617 to 0.00001563
Sell between: 0.00001691 to 0.00001825
Regards,
Atif Akbar (moon333)
RDNBTC formed bullish Crab | Upto 63% potential tradePriceline of Raiden Network Token / Bitcoin cryptocurrency formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
We have 200 simple moving average support withing this PRZ area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002153 to 0.00001833
Sell between: 0.00002401 to 0.00003002
Regards,
Atif Akbar (moon333)
#RDN is trading on BinanceEveryone remembers the recent story with #MTL, which is + 150% on the expectations of opening deposits at Bithamba. Bithamb opens deposits slowly. Of the most likely candidates for the next announcement, these are #PPT and #RDN (although there are a number of coins, however, it is impossible to guess everything, so we take 2 coins that are the most likely).
The announcement about opening deposits is likely to be the other day. Coins, on which deposits will be opened, have a good opportunity to pump (not like MTL of course, but growth will still be good).
At the moment, the difference between the prices for #PPT on Bithamb and Binance is x1.65 (which is a lot). We take a coin with goals of 35-50-65% of the purchase. Stop at -20%. Do not forget about money management.
#RDN is trading on Binance
Buy: 0.00002819 or by market
Sell:
1 goal - 0.00003805
2 target - 0.00004228
3 goal - 0.00004651+
If you are a risky guy or girl, set goals higher.
STOP: 0.00002255
RDNBTC has completed bullish butterfly|Upto 1142% move expectedThe RDNBTC is moving withing a parallel channel and hits the support of channel.
The stochastic is oversold and MACD has already given weak bullish signals.
The volume profile is showing low interest of traders at this area.
A bullish butterfly pattern is also completed within this channel and the price action is entered in the potential reversal zone of this bullish butterfly pattern.
There are strong chances of bullish reversal from here insha Allah soon.
The targets are:
Buy between: 0.00002970 to 0.00000720
Sell between: 0.00004717 to 0.00008944
Regards,
Atif Akbar (moon333)
RaidenTokenNetwork/Bitcoin (July 29) #RDN $RDN #BTC $BTCIf RDN falls down from 2300sts, what we can do is waiting for the range of 1690-1930 to accumulate. And target is at least 2550
Raiden NetworkRDN found the bottom and now trading volume is growing
RSI - very bullish
vcdepth.io
Good situation for swing trading
RDN can easily double from here?Even after recent rise, I believe this idea is still great! Time will tell... Raiden (RDN) is an off-chain scaling solution optimizing ERC20-compliant token transfers on the Ethereum blockchain. It is Ethereum's version of Bitcoin's Lightning Network, enabling near-instant, low-fee, scalable, and privacy-preserving payments. There are many reasons why RDN should/will double (and I belive double is an understatement). They include very advanced/innovative technology, upcoming announcements out of Ethereum foundation, undervalued/too low market cap, etc., but now there are technical indicators to suggest another push/increase is in the cards, break out to the upside. I think RDN will have a great future. If you are believer, push the thumb below :) Thank you
A bit of a long shot, but definitely a possible future formation:
Daily Bullish Signal $RDN #RDN #RDNBTC (20 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Daily Bullish Signal $RDN #RDN RDN/BTC (17 Dec)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
RDNBTRC Buy Price: Green zone
Profit: Blue Lines
Support: Orange Line
Resistance: Purple Line
SL: Red line
Historical low: Brown line
Invest Suggestion: 20 Percent
Profit Expectations: - 10 - 20 Percent
Just hold and watch. All targets will be reached in a few day.
But it's recommended to hold it for 7 days if any target not reached.
Sell when you got some profit, according to your way of trade.
I am sure, you will be get nice profit. Good Luck!
It's a matter of time to this coin hit my targets, it's close to the support line!
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Daily Bullish Signal $RDN #RDN RDN/BTC (08 November)#RDN (RDN/BTC)
Buy : 7700-7800
Stop : 6900
BLUE ARROW indicates EXPECTED Time and Targets
Level up Stoploss point to maximize profit and reduce risk
If you need help, contact me
RDN Trading AdviceBuy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >30 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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A trading opportunity to buy in RDNBTCTechnical analysis:
. RaidenNetworkToken/Bitcoin is in a range bound 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 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00007500 to 0.00005700). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00007500)
Ending of entry zone (0.00005700)
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 the 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= @ 0.00011400
TP2= @ 0.00016800
TP3= @ 0.00021390
TP4= @ 0.00024160
TP5= @ 0.00030140
TP6= @ 0.00036170
TP7= @ 0.00044700
TP8= @ 0.00055610
TP9= Free