RDDBTC trade ideas
#RDD analysis touching support at 18 satoshisIt seems that the strong monthly support at 18 satoshis has been tested and its a strong level that has been respected. It will try to test 30 satoshis resistance level which seems to be the only possible scenario if the token will look at lower levels ever. If there is a big move towards the 50 satoshis level the possible testing resistance level will be at 38 falling back as low as 30 and hopefully will test 50 satoshis level, which probably be my exit for this trade.
Buy at 0.00000014Reddcoin is a bit like Dogecoin $DOGE, i.e., it has a strong community - it's got at least 40,000 to 60,000 people if we take Reddit/Twitter followers as a proxy. This puts RDD in the top 25 cryptocurrencies for Reddit subscribers, while by market cap it's at number 97.
Pumped twice massively in 2017/2018. With RDD-BTC approaching the floor of the big green candle from late Dec 2017/early Jan 2018, it could be a good time to set buys at/around 14 sats.
Volume for Reddcoin on the Bittrex exchange is decent enough (~$247,000). Prepare for a massive, quick upward move. I don't know when, but looking at the chart, it's likely to happen.
Perhaps when bitcoin to reach new highs and tests $9,000-$10,000, RDD will have fallen a bit further from where it is now, i.e. 21 sats. Set buys near 14 sats and perhaps observe and see how far it falls, buy at market if 14 sats not reached by the time BTC is at $9,000-$10,000.
Then (some) alts should bounce back and carry on higher following $BTC, if they are not already.
When and if RDD explodes to the upside, take profit in the range of 80 sats, 139 sats, and 196 sats (historic fractal levels) depending on your appetite for risk.
RDD' Possible Run SenarioRDD hasn't had a major run for a little while and is coming to the End of a long term chart pattern. I like the community behind this coin but RDD is lacking in fundaments and Tech so I don't believe that long term this coin will stand the test of time. See the attached notes for additional details.
ReddCoin ( RDDBTC ) is getting for ready! (100% Profit Potentia)Welcome to this updated analysis on RDDBTC Let's get right to it!
We can buy this coin with a target at 0.00000034
TARGET:
1.) 0.00000034
2.) 0.00000037
We can AVOID/STOP loss at 0.00000030
This information is to be used for educational purposes only
TRANSPARENCY Strategy,
ReddCoin ( RDDBTC ) is getting for ready. This one has been going sideways for a very long time and recent action points to massive gains on the next wave.
Feel free to hit like now and let's take a look at some signals together:
RDDBTC just printed a high volume candle to break above EMA10. Signaling the beginning of bullish action.
The RSI is on the bullish side.
I have marked the targets and profits potential on the main chart.
This is a friendly chart analysis and not the price of trade advice. All of my trades contain buy-in, targets, stop-loss, capital allocation, and additional information. If you would like to see a full trade for ReddCoin ( RDDBTC ), make sure to hit like. If enough people hit like I will know there is enough interest post a full trade.
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This is a long term trade so patience is recommended.
ReddCoin Can Easily Hit 150%+ On Next Wave (Get Ready!)ReddCoin (RDDBTC) is getting for ready action. This one has been going sideways for a very long time and recent action points to massive gains on the next wave.
Feel free to hit like now and let's take a look at some signals together:
RDDBTC just printed a high volume candle to break above EMA10. Signaling the beginning of bullish action.
The RSI is on the bullish side.
30 Satoshis has been holding as support since late November, any bullish action here can lead to an impulse to the upside.
I have marked the targets and profits potential on the main chart.
This is a friendly chart analysis and not a price of trade advice. All of my trades contain buy-in, targets, stop-loss, capital allocation and additional information. If you would like to see a full trade for ReddCoin (RDDBTC), make sure to hit like. If enough people hit like I will know there is enough interest post a full trade.
Thanks a lot for reading.
Namaste.
REDDCOIN - VERY GOOD BUY HEREHey guys E55 here,
With this idea I would like to introduce you to one of the coins I bought here. Reddcoin has a breakout from the black trend line and is just waiting to get over the MA200. Should he break the MA200 then nothing speaks against a quick 50-100% rally, maybe even more. Since I see Reddcoin in a stage like Dogecoin, we could see the same here later as Dogecoin did.
Target: Take profits whenever you want. In the coming weeks / months Reddcoin should certainly reach a new all time high. So do not miss it.
What you have to do: Just hold even we should drop. Never make the mistake of being greedy.
Good luck.
RDD-BTC Long Term Long Trade PlanCommodity : REDD COIN
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 2-4 weeks
Investment in trade : 3% of the total Trading Balance.
Prospective Profit : 22% to 108%
Prospective Loss : 16%
RRR : SL to TP1 is 1.4, SL to TP2 is 2.6 , SL to TP3 is 4.8 and SL to TP4 is 6.4
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)