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ReddCoin / Bitcoin

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RDDBTC trade ideas

Caution with ReddCoin (RDD)! Why are you still holding?ReddCoin was a money factory for those, who just went with the train. Unfortunately, it had the same pattern before. If we project the same pattern from before, then there will be a big crash. This would fit to consolidation after hugh pump just recently. The indicators show the same pattern. They are still quite high. The coin doesn't seem to have any serious development the next months. Only one at end of march which might also fit to downtrend. Have luck
Long
by calumon
16
Not panicking; Good buying opportunities are imminent.So this is just a followup to my previous chart on rather or not RDD would Rise or fall. We tried to test resistance and failed. It didn't didn't help that the whole market was crashing at the same moment. Now we are going down but we aren't out RDD will recover as the market recovers. Until then i'd suggest loading up on some more RDD. I will give you some tips to survive this short term. While all the coins are losing value it may be smart to move your holdings into USDT (Tether) That coin maintains the value of the USD for the most part regardless of market conditions. That's what I'v been trading my ETH with for the past few days. This is still my first experience in this so I could right or i could be wrong. I'm just pointing out what makes sense to me in order to hopefully help some people out and solidify my opinions with others so I'd love your input :p
Long
by RizeSenpai
RDD Potential ProfitRDD is currently very oversold at the moment and the market overall seems to be trying to turn around a bit so now might be a good opportunity to buy in. Best entry is around 92, my target is going to be a hit on the downward trend line likely around the 115-120 area. I believe the current price is where the coin will bounce because it is right on the 78.6% fib retracement and it has also bottomed out here in the past after it had its first run which you can also see from the wick down a few weeks ago. The RSI also shows that it is very oversold right now. With it having hit the 78.6%fib, this is indicative of a trend reversal so I do not plan on hodling these coins. Once my target is hit, I am out. Good luck fam!!
by TylorHunn
RDD/BTC (Short Term +10% Long Term +500%) Reddcoin 1Hour ChartBuy in 0.00000130 - 0.00000135 Target 1 - 0.00000149 (Short Term) Target 2 - 0.00000169 (Mid Term) Target 3 - 0.00000186 ( Mid Term / Long Term) Target 4 - 0.00000278 (Long Term) Target 5 - 0.00000590 (Long Term) Very Strong Chart. Even if Support Line is broken, just wait until it climbs up again. Usualy i would allways recommend to Trade with Stopp Loss, but in this Case its not nesessary because Reddcoin has huge Potential and has not broken out yet, on long term, this will be a huge Profit coin and a Price increase is very likely (similiar to the Movement of Siacoin lately) Take Profit as soon as you feel comfortable Kind Regards Captain Trade
Long
by TimBerlin
15
RDD 2H Update Attempted Breakout Big Gains Long TermBriefly crossing 152 to 155 I felt this may be the breakout point. After a failed attempt the price keeps falling to 142 where a fairly solid support line has formed. Moving sideways in the cloud there is a ascending triangle forming towards the resistance line. Look for the price to move up if it stays above the 142 and crosses out of the cloud at the 152 resistance line. BTC needs to remain in a horizontal channel for the next few days to avoid disrupting a move. I anticipate this move up in the next 12 - 48 hours. Be patient as this trade will take time to develop again. We have had 4 days of consolidation since the last trend reversal. The more consolidation time the greater the move upon breakout. Stoch RSI, Volume, EMA and the cloud all indiacte continued conolidation for the time stated above. Once breakout finally occurs I look to the targets set in my previous charts for guidance. I am including the points again for a reference. Entry Point .00000095 to .00000110 2) Target .00000125 (.382 FIB) 3) Target .00000153 (.236 FIB) Take Profit 50% 4) Target .00000179 Take Profit 25% 5) Target .00000197 (0 FIB) Take Profit 25% (House Money Now) 6) Target .00000198 Heading to Blue Sky Stop Loss .00000066 30% +/- Close trade at .00000153 for 50% Gain New Investors Entry Point .00000142 2) Target .00000156 (.618 FIB) 3) Target .00000173 (.786 FIB) Take Profit 20% 4) Target .00000195 (1 FIB) Take Profit 20% Heading to Blue Sky 5) Target .00000257 (1.618 FIB) Take Profit 20% 6) Target .00000284 Take Profit 40% (House Money Now) 6) Target .00000358 (2.68 FIB) Remember to evaluate using your risk model and trading plan. This is a short term/ longterm trade. Patience is the Key! As always I will follow this trade and update it along the way!
Long
by vthokiee97
7