There is a possibility for the beginning of an uptrend in RDDBTCTechnical analysis:
. REDDCOIN/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 40.
. 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 (0.00000048 to 0.00000041). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000048)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
Reddcoin
There is a possibility for the beginning of an uptrend in RDDBTCTechnical analysis:
. REDDCOIN/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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000047 to 0.00000041). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000047)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
There is a possibility for the beginning of an uptrend in RDDBTCTechnical analysis:
. REDDCOIN/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 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000047 to 0.00000041). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000047)
Ending of entry zone (0.00000041)
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= @ 0.00000057
TP2= @ 0.00000062
TP3= @ 0.00000072
TP4= @ 0.00000081
TP5= @ 0.00000095
TP6= @ 0.00000113
TP7= @ 0.00000147
TP8= Free
ReddCoin (RDD) – market reaction to the ReddID releaseReddcoin is a micro tipping platform for sending tips over the social networks. On the 1st of October ReddCon has announce the release of the ReddID, that has to simplify the process of “social tipping”. The ReddID enables Reddcoin holders to name the wallet instead of using a complex 16 characters jumble.
Indeed, this should make the social tipping much faster, easier and user-friendly, but the question is whether Reddcoin will be able to compete in this marketplace.
Based on the market reaction, the ReddID wasn’t something very exciting as after the announcement price went down. Lets have a closer look at the chart.
On the 1st of October, when the ReddID has been released, price has bounced off the 82 satoshis level, that is 78.6% Fibonacci retracement. Currently RDD/BTC is trading at 61 satoshis, which is 26% lower from the date when ReddID was released. Clearly, not much of a positive reaction by the market participants, but instead a disappointment?
The price is approaching 45-55 satoshis support area, which corresponds with the 23.6-38.2% Fibonacci levels and the point where the uptrend trendline has been rejected on the 21st of September. It could be a strong support for Reddcoin, triggering another attempt to go higher. But at this point, as the resistance is holding, RDD might consolidate or even reverse to the downside.
Below are the important levels to watch.
Support:
1. 55 satoshis
2. 46 satoshis
3. 29 satoshis
Resistance:
1. 82 satoshis
2. 112 satoshis
3. 137 satoshis
Break above 82 sats or below 46 sats could trigger the next wave. Where? It depends whether it will be the upside or a downside breakout. On the upside, price could reach 137 satoshis. On the downside, price could go as low as 30 satoshis.
Based on the Fibonacci Time Zone indicator, most recent wave has started on the 15th of August, while the next wave will start on the 25th of December. As the RSI downtrend was broken, the probability of the uptrend continuation seems to be higher. Therefore, the end of the year could be the end of the current wave upwards, unless the support is broken.
$RDD, Sipping You…
Weekly
Looking at our trend timeframe we see price has found resistance at 80 satoshis, stochastic rsi showing momentum was in favor of bulls. Waiting for our weekly candle to close to confirm our lower high, expecting a lower low near 20 satoshis.
Daily
Shifting over to our pattern timeframe we see price making its way towards our dynamic and horizontal support at 50 satoshis. Stochastic RSI showing momentum in favor of bears with no signs of reversal. A daily close above 60 and expect a push towards 75, however a daily close below 50 and expect a sell off towards 35.
There is a possibility for the resumption of uptrend in RDDBTCTechnical analysis:
Reddcoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000055 to 0.00000046), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000055)
Ending of entry zone (0.00000046)
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 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= @ 0.00000063
TP2= @ 0.00000069
TP3= @ 0.00000074
TP4= @ 0.00000079
TP5= @ 0.00000093
TP6= @ 0.00000113
TP7= @ 0.00000133
TP8= @ 0.00000196
TP9= Free
There is a possibility for the resumption of uptrend in RDDBTCTechnical analysis:
Reddcoin/Bitcoin is in a range bound and the resumption of uptrend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 58.
The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
Price is in the support zone (0.00000055 to 0.00000046), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.00000055)
Ending of entry zone (0.00000046)
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 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= @ 0.00000063
TP2= @ 0.00000069
TP3= @ 0.00000074
TP4= @ 0.00000079
TP5= @ 0.00000093
TP6= @ 0.00000113
TP7= @ 0.00000133
TP8= @ 0.00000196
TP9= Free
[RDDBTC] ReddCoin Money Fractal [500%+ PP]ReddCoin (RDD) on Bittrex. The next triangle is going to be bigger… Let’s start and finish with the weekly chart above:
This is a long term chart, this view includes over 1.6 years of data.
The chart is basically self-explanatory; if RDDBTC moves up again, the potential is huge.
Below I am sharing with you a buy in price and next support. You can use the “next support” if we go lower than buy in to buy more, or as a second entry point. If the “next support” fails, then we have our stop loss. On the other hand, I am also sharing our targets, which is where you sell for profits after you buy and wait for the price to start to move up.
ReddCoin already broke out of the downtrend and is consolidating for the next move. The down trendline is marked on the chart with a red dotted line.
Now that we are out of January’s downtrend, we can get on a new uptrend…
Trade instructions for ReddCoin on Bittrex
Buy in: 50 – 56
Next support: 42 – 46
Targets for RDDBTC by Alan Masters:
Short term
(1) 63
(2) 75
(3) 83
More targets available to PREMIUM supporters.
Stop loss: Close below 38 on the weekly candle. (If you want a stronger stop loss, longer term, place it as a close below 30 on the weekly candle).
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So if you are looking to make money first focus on what the money will bring to you once it is yours.
Will this money bring happiness, freedom or allow for a change of environment or clothes?
Understand the meaning of money, to you, use that understanding to attract the feelings that you really want.
Once you know your true desires and decide that money can help you in seeking what you are…
Now you can start working for money, asking for money, attracting money…
Because deep down, you know that it isn’t money… You are aware of what you really want.
In some cases it might simply be the material things that money can purchase, but in the majority of the cases people will be looking for freedom, security, peace, tranquility, happiness and all the beautiful things that we have experienced from the first day that we were born.
Yes I am looking to make money, but money is only a tool… A tool that can be acquired with patience…
PATIENCE IS THE KEY TO IT ALL!
Namaste.
There is a possibility for the beginning of an uptrend in RDDUSDTechnical analysis:
. Reddcoin/Dollar is in a downtrend 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 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00231 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00231)
Ending of entry zone (0.00150)
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= @ 0.00368
TP2= @ 0.00507
TP3= @ 0.00598
TP4= @ 0.00714
TP5= @ 0.00924
TP6= @ 0.01110
TP7= @ 0.01763
TP8= Free
There is a possibility for the beginning of an uptrend in RDDUSDTechnical analysis:
. Reddcoin/Dollar is in a downtrend 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 43.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00231 to 0.00150). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00231)
Ending of entry zone (0.00150)
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= @ 0.00368
TP2= @ 0.00507
TP3= @ 0.00598
TP4= @ 0.00714
TP5= @ 0.00924
TP6= @ 0.01110
TP7= @ 0.01763
TP8= Free
REDDCOIN: CONFIRMED REDD ID RELEASE DATE - PROFIT = 44.83% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 44.83% PROFIT!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
June 19: Reddcoin announces testing of ReddID to start on June 24.
August 14: AltDex lists Reddcoin.
August 14: Kompler.exchange lists Reddcoin.
August 14: Reddcoin announces release of Red-ID in September 2018.
August 15: BiYong social network partners with Reddcoin and giving it access to millions Chinese users.
August 21: Reddcoin (RDD) Confirms Redd ID v1.0 Public Release in September 2018.
August 26: Switchain lists Reddcoin.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
REDDCOIN: BI-YONG - MILLIONS OF CHINESE USERS? - PROFIT = 30% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 30% PROFIT!
The increase in price may also be explained by positive developments including:
December 2017: ReddCoin has partnered with Local World Forwarders, the first decentralized #logistics platform in the world based on blockchain technology.
April 29: Reddcoin Core announces explatory partnership with Investaco to leverage their upcoming platform to offer Reddcoin-backed Debit Card and network of global ATMs.
June 13: LINDA announces that Redd Coin ($RDD) has joined LINDA's mobile staking platform.
June 18: Reddcoin and Phore Blockchain announce partnership to form an E-Commerce Solution.
June 19: Reddcoin announces that ReddID Beta to be released on the 1st of July.
June 19: Reddcoin announces testing of ReddID to start on June 24.
August 14: AltDex lists Reddcoin.
August 14: Kompler.exchange lists Reddcoin.
August 14: Reddcoin announces release of Red-ID in September 2018.
August 15: BiYong social network partners with Reddcoin and giving it access to millions Chinese users.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
Signal RDDBTC Reddcoin RSI looks Good Buy before Bull RunBuy at 53 satoshi
Stoploss at 49 sat
Target:
76 sat
99 Sat
122 Sat
Risk/Reward
8%/150%
When we see 49 Satoshi we will consider to sell Our Coins and wait to see a new buy signal between 23 and 43 Satoshi!
So use a Stoploos or Capital Management with this Trade Setuo!
Do you Have Questions please comment below, like and subscribe for more Chart Analysis.
$RDD, Bounce Or Disaster…
Weekly
Looking at our trend timeframe we see price has reached our major support zone at 55 satoshis. Momentum showing we are heading towards the downside, with no signs of slowing down. Will watch daily timeframe for a reversal, if we do not hold at this level expect a drop to 35 satoshis. A daily close above 60 satoshis activates our trade.
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend 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 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
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 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= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free
There is a possibility for the beginning of uptrend in RDDBTCTechnical analysis:
. REDDCOIN/BITCOIN is in a downtrend 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 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000064 to 0.00000050). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000064)
Ending of entry zone (0.00000050)
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 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= @ 0.00000074
TP2= @ 0.00000080
TP3= @ 0.00000084
TP4= @ 0.00000095
TP5= @ 0.00000106
TP6= @ 0.00000123
TP7= @ 0.00000145
TP8= @ 0.00000196
TP9= Free