GoodmanSimon
Short

RDD is going down for the next few days.

BITTREX:RDDBTC   ReddCoin / Bitcoin
Very hard to plan this coin as it has no real trading history, (most of the history is either dormant or pump and dumps).

So it makes sense that it is eventually going to settle back down.

There might be one or two up on the way down, but I see it going to 130 over the next few days.
I cannot see it going back over 140
Comment: While taking longer than expected, the downslide seems to be continuing.
Trade closed manually: Hum... we this did not work as expcted.

It now looks like a cup and handle is forming.

I will stay away from that coin for now until a clearer pattern appear.

I still think a correction is to be expected.
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