ReddCoin - A long term-position you don't want to miss out onGuys, we are seeing a lot of coins gaining over 1,000% in just the span of one month. I think this is the next one. Our previous high on this coin was about 140 sat. And It is time that we surely pass that up. If you know my analysis, I purely hate doing them in satoshi only because Bitcoin itself is so damn volatile, it usually doesn't work out that well. However, I think we can use it for some fine targets now, as the dollar value of this coin will be on a heavy uptrend.
I have these targets set only as guidelines, but I expect this coin to crush through them. Heck, I can't even fit the 2nd target onto the screen. But this is a coin where I am building a very long-term position into and will only add into it as progress continues. We are looking at over a 300% return in the short-term.
Entry: 39-49 Sat
Stop Loss: 10 (or no-stop loss)
Target 1: 118 Sat
Target 2: 168 Sat
RR: 4.45
Chance to gain: 330%
Chance to Lose: 74%
As you see, the "chance to lose" is very high. This is one of those trades where it is a "buy it and forget about it." And I will add if it goes as planned. Always remember though, that because this is Bitcoin denominated, our dollar value may rise and we could still lose out on satoshi. This coin has also performed well during Bitcoin's correctional periods, keep that in mind.
Reddcoin
Reddcoin - Price Predictions - We need to take this seriouslyReddcoin could have a bright near-future. with constant growth of this new market its only a matter of time Reddcoin follows the footsteps of its fellow alts. Promising news has come out establishing Reddcoin as a player in the marketplace. Anything can change at any time. If we play our cards right we can time some massive profits at the beginning of a bull run!
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
RDD: Possible Up MoveIf you haven't noticed, penny coins are the rage right now. As people are trying to make quick money, if you are ahead of the herd, you will be leading them. Made a lot off of DGB, XVG, BURST, and RDD last night. As late comers come in, there will be sellers for them. These guys will dip their coins as they see these coin correct. Then we will buy again at the bottom. As we can see, Redd is giving us a sideway channel. From tip to tip it can be 100% profit if done correctly. We have a possibly 2 more waves to go before a bullish breakout similar to XVG. And before you say it is a shit coin, like how people said about XVG when I made the call on it, please keep an open mind. Those who don't, missed out on Bitcoin, Verge, and more opportunities to come. So real question to you, are you ready? What are your thoughts?
Trade with care.
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.
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!
reddcoin ready to rub again ??? massive volume gone into this coin over last few days
looks to be following the 15mins cloud ready to leap off it anytime soon
going on that it has completed 4waves of a 5 wave elliot set and the fib extensions we get from those
we could be looking at another good run for this coin
buy 38sats
keep stop tight as many alreadt taking profits from first run up !!
TARGET 1 66sats
TARGET 2 80sats
REDDCOIN off to the m00n ?massive volume gone into this coin over last few days
looks to be following the 15mins cloud ready to leap off it anytime soon
going on that it has completed 4waves of a 5 wave elliot set and the fib extensions we get from those
we could be looking at another good run for this coin
buy NOW keep stop tight as many alreadt taking profits from first run up !!
target 1 65 sats
tartget 2 70sats
happy trading
Just stop staring at charts and do some researchSame goes for me.
This entire sector looks good technically speaking. Find your coin(s).
Market cap just reached 150billion new ATH and climbing. My guess is we are approaching a bear market or we are in wave 3 on a larger scale.
Interesting to note. When you look at the market cap back in 2014 before it took a dump. It hit 15Billion before it entered a 2 year bear market, before that it corrected at 10 billion.
Very similar to This year when we saw a big correction at 100 billion and now this.
2 years later and were X10 basically. Always keep track of the bigger picture.
coinmarketcap.com
RDDBTC Perspective D1• No support area around 46 and 13.
• I trade this coin only for fun.
• Technically best buy around 25-10.
• The funny facts is, the R/S lines is held around by 40:40:40 :D
---------------------------------------------------------------------
data from coin market cap ;
Market Cap : $34,548,091 | 10,583 BTC
Volume (24h) : $526,682 | 161.34 BTC
---------------------------------------------------------------------