RDDBTC trade ideas
#Reddcoin is Slow but steady uprisingSlow but steady uprising since Mid March It has been predicable. They pump until reach strong resistance level and drops and to resets. I have a feeling its about time again. Been Staying above 100 . It might stop again at 125/127. That target was already hit for me. I'll sell if its weak but If it picks up a nice boost, I'm skipping 127 and aim between 139/147 depending on the volume. Its been fun so far but its also reaching its ATH. What would happen then can determine the future and pace of the crypto. I believe its a good thing for #REDD after final correction . Please share your thoughts. All Speculations!
ReddCoin go for 140sat or more?
Reddcoin break big resistance on 100sat, chart looks like triangel celebration now, if will be one more we look on 140sat fast-this is my target.
If we break 100sat down we can go for 84sat fibonnaci support and after up.
Stochastic around 30
Macd looks possitive
Clear uptrend
Bollinger bands before break triangel lines closer. 4x the same scenario
Thank you for activity
RDD ideas. An incredibly undervalued coin. . .For a coin with such a low pricetag, this coin is already making moves in securing transactions for major social media and gaming sites (Twitch, Reddit, Steam, etc.).
Unfortunately, there is a 28,808,713,174 circulating supply - which is pretty daunting.
But their tech, devs, and website are all well developed. There is a chance this could be a huge coin. Social media is a hobby to a larger majority of our country than most are willing to admit.
coinmarketcap.com
Just slapping up some useful indicators and getting a decent read/idea about what has been going on with RDD!
Not advice or anything! Just kinda doodlin'.
rddbtc new ath'sprice had accumulated and manipulated under 60sats
we broke resistance at 67sats which turned to support
would be nice to see an entry at 94 sats
Reddcoin reaches Main ResistanceA bullish trend line may support Reddcoin on its way back from the main Resistance of 112~111.
If it does we may see 196 very soon.
Fingers crossed
I keep finding the same pattern ...I keep finding the same pattern
Its doing better than expected. New targets are 125, 127, 133, 135
All depending how this triangle develops
REDDCOIN: MASS ADOPTION NEWS = 41.56% PROFIT !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 41.56% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 2: Reddcoin is listed on Ethereum World News which talks about how "Reddcoin will revolutionize social media".
April 3: Reddcard is launched. This is a deposit card using a QR address allowing users to send Reddcoin via a wallet address.
April 12: Indiacoin Cryptocurrency Exchange allows buying and selling of Reddcoin using a credit or debit card.
April 12: Bittrex Cryptocurrency Exchange lists Reddcoin.
April 14: Reddcoin-Alliance.com is released. This website community and businesses together to encourage global integration. The website contains showcases, information about partnerships such as integrating Reddcoin in a webshop.
April 16: Article released that states that "Cryptocurrency Usage in Gaming Is Going Mainstream with Reddcoin at the forefont.
April 19: Reddcoin Poker(reddcoinpoker.com) is released allowing users to Play Poker with other players from around the world and enjoy some great time while earning Reddcoins.
April 29: BIP 39 Mnemonics implemented for Reddcoin. Improvements include: "twelve word recovery phrase" and related backup features in current and future Core wallet build.
April 29: Reddcoin Core is exploring a partnership with investaco.in to leverage their services and platform to offer a Reddcoin-backed Debit card and network of global ATMs. This is potentially being the first cryptocurrency to be integrated in this way, allowing for easy use and storage of Reddcoin in the real world.
The increase in price is driven by the effect of the mass adoption of the cryptocurrency in the mainstream. This also includes the integration of Reddcoin into the real world economy with their partnership with Investaco.
Making progressRDDBTC and the team around it are doing their work, a lot of updates will follow in the next couple weeks according to my sources. We´ll see how the trend will go on.
At the moment the price is playing around the trend line.
Good luck and happy trading!
lets have a Run!!Pretty Simple chart..
we need some Good news for more upward movement above 120stx
BAYOR
A New Trading Opportunity to Buy. TP3 hit with 328 profit...REDDCOIN/BITCOIN
New trading suggestion:
*The price is in an Up Trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.00000080) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
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 "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 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: 328
Closed trade(s): 108 Profit
Open trade(s): 220 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.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000113(current price) -0.00000058(open price) = 55
4 trade(s) still open, therefore total profit for open trade(s) is 55 x 4 = 220
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in an Up Trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 74.
A New Trading Opportunity to Buy. TP3 hit with 328 profit...REDDCOIN/BITCOIN
New trading suggestion:
*The price is in an Up Trend and we forecast the uptrend would continue.
*There is still possibility of temporary retracement to suggested support line (0.00000080) , if so, traders can set orders based on Price Action and expect to reach short-term targets.
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 "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 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: 328
Closed trade(s): 108 Profit
Open trade(s): 220 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.
TP3 @ 0.00000109 touched at 05.02.2018 with 51 Profit.
23 + 34 + 51 = 108
Open Profit:
Profit for one trade is 0.00000113(current price) -0.00000058(open price) = 55
4 trade(s) still open, therefore total profit for open trade(s) is 55 x 4 = 220
All SLs moved to Break-even point.
Take Profits:
TP4= @ 0.00000124
TP5= @ 0.00000145
TP6= @ 0.00000196
TP7= Free
Technical analysis:
ReddCoin/Bitcoin is in an Up Trend and Continuation of up trend is expected.
The price is above the 21-Day WEMA which acts as a dynamic support.
The RSI is at 74.
Here we go again? Cup and Handle?I've been with #REDD for a while and I''ve done the same trade a few times. Nothing is promise. Planning skipping the first resistance at 94 to 103, hoping to rebuy low 90/high 80 to sell at 123. It has a strong community. Lets see...
RDD to ATH !!Buying opportunity!!
Look at weekly rsi and macd
buy and reload around 80 sats!! RDD looking very strong
Update from my #REDDHistory repeats itself?
Ive hit the same targets before, lets see if it happens again.
Just how I thought there will be a hold up at 94 but going to hold until my first target and short sell on the way up to 125 sat.
All depending the momentum t builds up from here. Good luck. This is Not financial advice. I'm just recording what I'm doing.
3rd pump for 40%According to the volume bars we are about even when RDD took of the last two times. Good sign for volume to come back in while price is holding steady on the 80EMA.
The first wave was 60%ish, the second wave was 50%ish so my first target is shown at 40%ish. I think it would be best to play my safer card considering the volume has not been as strong each pump.
If it reaches the first target I will be taking profits and reconsidering price movements. If it looks like the price is continuing then I will be looking for it to hit my second target. If correction looks like a possibility, the red box will be where I will be looking for a rebound. This is the area where the 50% FIB reaches my drawn trend line.
Good luck to all. Don’t forget to like and follow for updates!
****Any large movements from BTC Up or Down can kill any logic!!!! Be vigilant***
I charted this for someone elseI charted this for someone else, idk what the hell this thing really has goin on lol. risky
A cheap coin with huge potentialHere's a good cheap coin to keep an eye on. RDD has broken above long term resistance and is now consolidating back to support.
Watch for the break above the smaller red trendline on the 4 hour chart for a buy. It only has to get back to it's recent high to double your money.
Good trading!
RDDBTC targeting 115-120 satsinternal correction after wave 3 of the langer degree into the 38-50% retrace zone on the way.
first algo target at the -23.6%.
also coincides with the 1.618 extension of the wave 1 projected from the proposed wave 4 bottom.
