Alright guys, what a two week stretch we just experienced as the media and the world cried out for the collapse of the cryptocurrency world, only to be silenced by the magical first 4 days of 2018 and the altcoin emergence. I am getting new to this space here on Tradingview, as I have done much of my charting on other platforms - primarily stock trading...
Reddcoin looks pretty solid right now. It's had some crazy gains lately but now it appears to be building a cup and handle . RSI strong but showing signs of a reversal (which could be the handle). Stoch overbought and allows for downside. Worth watching for sure. PM me for targets or custom charts.
Level 3 to be established scale in on the 61% fib exit trade on a M top right leg or pullback on left leg M at 0.02526237 zone wait for level 3 drop to 50% fib for a re-entry this should complete a full cycle
So, generally what do I see from RDDBTC graph is that it touched 4/1 support line and bounced, it may be a confirmation for trend reversal. Slow Stochastic indicator confirms upward movement by breaking lower border and price didn't go lower. Buy zone: 74-80, Sell zone: 150-170. Stop-loss at 66. Good Luck !
My first idea. Please give feedback. BITTREX:RDDBTC is setting itself up to be a good year. Definitely has a use though one of the highest total supplies. Checkout out other coins of that total, BINANCE:TRXBTC has exploded as one example. This coin seems to have a great following on twitter, which is a good indicator of sentiment. My target is 130...
BITTREX:RDDBTC just bounced off support. Good short term trade
!! THIS IS NOT A BUY IMPULSE !!! If you consider to buy after your own research do it on your own risk. Buy-in: 72 - 78 Sell target: 85
RDD is looking for another upswing. Don't be greedy on this one. It will most likely go up and down for the next days. Risk reward ratio: 1/3 Buy-zone: 82-86 Target: 109 Stop-loss: 77
Here is some Trend Analysis on RDD What we know & Why: Downward Trend (MACD Indicator) It's been pumped ( Mcaffee Magic) What we don't know: If the pump is done When the dump begins Indicated on the chart are the levels for possible gains for anyone brave enough to ride the wave down. Goodluck and happy trading! What are your thoughts? Please comment below :)
Guys, we are seeing a lot of coins gaining over 1,000% in just the span of one month. I think this is the next one. Our previous high on this coin was about 140 sat. And It is time that we surely pass that up. If you know my analysis, I purely hate doing them in satoshi only because Bitcoin itself is so damn volatile, it usually doesn't work out that well....
Bullish Indicators: - Cup & Handle - MACD reversal 30m Safe entry when teal line breached Short term target - 113 sats
Am I the only one who sees the cup and handle? If it is indeed a cup/handle then it should be buy time soon and it will fly!
Reddcoin could have a bright near-future. with constant growth of this new market its only a matter of time Reddcoin follows the footsteps of its fellow alts. Promising news has come out establishing Reddcoin as a player in the marketplace. Anything can change at any time. If we play our cards right we can time some massive profits at the beginning of a bull run!
Here is an update of the structure developing for Redd. The idea is still the same, however the pattern is slightly different. What are your thoughts? Trade with care.