RDD - Bullish DivergenceI have been watching RDD for the past month as it has been slowly moving down this falling wedge. I observed that around the 3-5 sat range sell offs started to slow down. The bid:ask ratio has been very against buys right now, until today we almost have reached a 1:1 ratio of bids:asks. I saw a huge influx of buys today (0.5 BTC+ orders) and have been slowly filling my bag at 3 sats. I think this is the lowest we will go until we take off again, the inevitable cycle of RDD. We can see some bullish divergence on the 1D chart, as the RSI and MA has been moving up significantly while the price has gone down to 3/4 sats. This is a great opportunity to attempt and buy in for some large returns. If we break 4 sats, there are small ask walls that will barely hold the market back. I can see us hitting 8, 14, 18, and even 20+ sats in the near future. This may take a few weeks but it will be well worth it!
Redcoin
Great Time to Load up for Massive ProfitsRedcoin seems to be at a correction like the rest of the market.
This point seem to be a great mark to load up for a quick 100% profit by next or so.
Target - 650 satoshiCup and Handle is complete
1 and 2 waves are complete.
Now we are going to get third wave, which is 261% of wave 1
Then we will go to 38% retracement of wave 3, then will go to finish wave 5 which is 650 satoshi.
For tips:
BTC: 189gZ7qEP2uVqDZkyLmn9JmCCmqCnbpDVp
ETH: 0x5F1280a09EB114Df03b133fbAF592F81cc50A0e0
LTC: LguwjDn6X5wSYU7B48SSzLdf2GnCFh9qZG
Reddcoin (RDD), Long: Potential 150% return!Hi everyone,
ReddCoin has recently broken out and made a ABC-correction. The market then broke out of the ABC-correction and a nice flag-setup has been made. I think we are going to make one more (small) down-wave in the flag before it continues up to make a AB=CD-structure. We might see some profit taking at the D-leg, before we move to the 1.618-extension.
You can buy the breakout of the flag-structure. If it doesn’t break out of the flag, don’t buy it. Simple.
- Adios