AlanSantana

ReddCoin Gives A Strong Breakout[RDDBTC](515% PP)

Long
BITTREX:RDDBTC   ReddCoin / Bitcoin
ReddCoin (RDDBTC) finally prints a strong breakout... I will say this before even starting; RDDBTC will generate massive gains in 2019... So hit LIKE so that we can continue...

ReddCoin (RDDBTC) daily chart analysis

  • The chart above is pretty classic for a cryptocurrency that has been on a bear market for long. We see long terms of bear action, followed by short but strong waves up.
  • These waves up can last several weeks to a few months. You can see them above marked with green on the chart.
  • Right now we have a very strong breakout, great volume, which moved RDDBTC price above EMA50 and EMA100, and reached all the way to EMA200 (MA200) where it found resistance and retraced.
  • The RSI is super bullish, in fact, already reached overbought, so you can expect a retrace.
  • The MACD printed bullish divergence for long, there is also a bullish crossover and it is now on the bullish side.
  • RDDBTC will generate great profits. 365% Profits Potential (PP) to January's 2018 top price and over 500% to a new ATH.
  • Hit LIKE TO SHOW YOUR SUPPORT.
  • Buy in, targets, stop loss and trade details below.


Trade instructions for ReddCoin on Bittrex

Buy in: Up to 44

Targets for RDDBTC by Alan Masters:

(2) 54
(3) 64
(4) 86
(5) 102
(6) 122

Long
(1) 157
(2) 179
(3) 196 (All time high)
(4) 271 (new high)

Stop loss: Close weekly below 28.


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Namaste.

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