RDDBTC ,Keep your eye on chart for hunting. Buy position is nearTechnical analysis:
REDDCOIN/BITCOIN is in a range bound and Beginning of up trend is expected.
The price is below the 21-Day WEMA which acts as a dynamic resistance.
The RSI is at 40.
Trading suggestion:
.The price is in a range bound, but we forecast the uptrend would begin.
.Price is in the Buy Zone (0.00000068 to 0.00000057), we would set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000068)
Ending of entry zone (0.00000057)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
(We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!)
Take Profits:
TP1= @ 0.00000081
TP2= @ 0.00000092
TP3= @ 0.00000109
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Reddcoinbtc
RDDBTC , weekly update:Total profit 142 in 24 days.!REDDCOIN/BITCOIN
New trading suggestion:
*The price is in a range bound, but we forecast the uptrend would begin.
*There is still possibility of temporary retracement to suggested support zone (0.00000068 to 0.00000057), if so , traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000068)
Ending of entry zone (0.00000057)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Hammer" or "Trough" , 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 special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 7 BUY trade(s) @ 0.00000058(day close price) based on reversal candle (Hammer) at 03.18.2018.
Total Profit: 142
Closed trade(s): 57 Profit
Open trade(s): 85 Profit
Closed Profit:
TP1 @ 0.00000081 touched at 04.11.2018 with 23 Profit.
TP2 @ 0.00000092 touched at 04.11.2018 with 34 Profit.
23 + 34 = 57
Open Profit:
Profit for one trade is 0.00000075(current price) -0.00000058(open price) = 17
5 trade(s) still open, therefore total profit for open trade(s) is 17 x 5 = 85
All SLs moved to Break-even point.
Take Profits:
TP3= @ 0.00000109
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Btcoin is in a range bound and Beginning of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 65.
If ReddCoin break 0,00900 = Fib 0.618% price will go long! I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought Bitcoin, Bitcoin Cash, Ethereum, XRP-Ripple, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for others every day! Bunny Token gave me good profit so far! I bought these in Pre-sale. I expect this is going to become huge!
Do you have some good tips for crypto coins? let me know!
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My strategy
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence.
How do I decide to open a position or not? First I analyse:
- Sentiment on the market
- Own created indicators
- Moving-averages and Bollinger-Bands
Trading means investing. Sometimes you lose more than you win in the beginning of a period!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
REDDCOIN (RDD) to 1,000% After Reversal Completion - HThis is a High Risk trade until reversal or trend change happens.
Reddcoin has a bright profitable future, we will keep our followers and members available.
Comment with any questions.
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
ReddCoin seems to hold resistance. When break 0.0052: LONG!I invest in Crypto currencies and I trade CFD's. When you want to invest in crypto, I advise you to buy 'real coins' because on long term that will give you far more profit than speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO! But wait NEO to buy, because price seems to go to 30.00 first.
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What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
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"
If ReddCoin doesn't turn positive, it doesn't look good. Short! If ReddCoin doesn't turn positive, it doesn't look good. Short! to 0,00005388. Fibonacci retracement 0,236% broken and still negative sentiment.
Crypto currencies I don't trade as CFD's. Too much risk, mainly because they expire very soon every time. When you want to invest in crypto, I advise you to buy 'real coins' and not to speculate the chart with CFD's. I have bought XRP-Ripple, Bitcoin, Bitcoin Cash, Ethereum, ReddCoin, FeatherCoin, Adcoin (ACC), Bunny Token and looking for NEO now! But wait NEO to buy, because price looks to go to 30.00 first.
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What about my ' Cycle phenomenon' ? read here:
My main strategy is called 'cycle-trading'. After years of learning and practicing after I bought a teaching-package from a visionair, I found a way of how to trade successful with CFD's on the stock-market. Every stock is following an certain cycle which repeats itself. So, movements are often appearing in the same percentage, aswel long as short. This cycles appear at all levels; when you analyse the chart at 1 month, 1 week, 1 day, 1 hour. (others I don't use). This is the case, because all in life is build by the fibonacci sequence. When you analyse the chart, you'll also see the stock market is behaving itself as the fibonacci sequence. But, still the most difficult part and what it's all about, is where does a long or a short start? and which point is telling you that the cycle is started, so that you know it will probably go to the next fibonacci resistance? .... therefore I have developed some own indicators!
The exact positions of where to open, to close and the stop loss position and take profit position is very important to be successful with trading!
My strategy is to never trade on volatile markets. You will lose your money when you do! Trade on technical-chart analysis! not on news and volatility!
One of my other strategies is that trades are only interesting and ‘safe’ to open when: you can possibly lose 1/3rd of the possible profit. So; when you set the indicators after analysing resistances, and you can lose 100 but win 300, it is worth the try!
How do I decide to open a position or not? First I analyse:
- sentiment on the market > are people in buy mode or short mode
- I have some own created indicators, some I show in my charts. Therefor I use the fibonacci sequence. My indicators tell to open a position or not and in combination with other own created indicators I decide where to place the stop loss and take profit positions.
- and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! or open directly.
- and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are other positions than the resistances in the market!
- the moving-averages and bollinger-bands are very important indicators also. They are helping a lot! by making decisions.
And that is Why I win more than I lose in the end. Patience is everything, we’ll wait for the right moment! But don't forget; trading means investing. Sometimes you lose more than you win in the beginning of a period!
Most of the times the sentiment changes on Monday! please consider that when you start a position on Monday. Tuesday, Wednesday and Thursday are on steady markets normally calm trading days. Than, my strategies work at their best!
Don't forget to follow me, so you get updated when I post new analysis. Also read my account and the 'status updates' to be informed.
Thank you for following and Succes with trading !
Richard from Rich.Exclusive.Trading
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.