davevanbeeten

davevanbeeten

I did another comparison on the monthly chart, but RDD is playing EXAAAACTLY the same as 2017. The Monthly should indicate that we will pump this MARCH 2021! If we compare to 2017, from the start of the first increase it was 50 days until the BIG PUMP! 29 Mar 2017 until 18 May 2017 = 50 days. Comparing that to 2021, it will be breaking out March 20, 2021. It...

davevanbeeten Updated 

Reddcoin appears to be doing the same fractal as the 2017 adltseason (May 2017). After the 2014 Rally and the 2016 relief rally it went down until February 2017. March and April 2017 where the first slight green candles. The 3rd candle (May 2017) was the big increase. Currently Reddcoin is showing the same pattern. January and February 2021 are giving a slight...

davevanbeeten

Perfect cup/Handle forming ! Needs to break 15, then to 25-30 easy.

davevanbeeten Updated 

BTC retraced to the support of 80 sats. Bullish: I expect some sideways action between 80-88 sats. Breakout within 2 weeks, then should break 115, then 160-170. Bearish: If we lose 80: Targets are 74, 66, 51 sats. In that case the breakout can be later. (Early-Mid February)

davevanbeeten Updated 

Possible target to 110 Downside target 84-88

davevanbeeten Updated 

BTC short term bearish.... Double top pattern, target 8.5K

davevanbeeten

A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Since we entered descending, I expect a breakdown to the 9.2k area like I also analyzed yesterday. Then some consolidation and a breakdown later this week....

davevanbeeten

I see this pattern playing out and if Reddcoin breaks out of it, I expect 100+ satoshi's once again! Good fundamentels Stable project Proven over the years Active community

davevanbeeten

Digibyte is in a huge descending triangle... 220 Satoshi provided support If this is a contiunation of the bullish uptrend, Target is around 330 satoshi. Bearish; support 180 and 130

davevanbeeten

If this falling wedge is a continuation pattern, we could see a target of 28 satoshi! Maybe a bit higher, since there are big sell wals at 32 sat. Volume is declining, ready for a big breakout... Orderbooks are much thinner, is it 2017/2018 alt season all over again? :D

davevanbeeten

Bitcoin is in a Rising wedge Rising wedges usually break down in a downtrend 4800$ is significant support Danger zone, below 4800 till 3800 Below 3800.... It might get dirty Be careful! I like to keep the charts simple

davevanbeeten

Reddcoin had a great pump history with big Gains... 1st pump 4400% 2nd pump 1500% What will happen now? We're seeing a long term flat period. Volume is low and this coin is so easy to pump with just a little volume. Solid project as it seems! Scenarios: 1: (based on history) 4400% pump would bring RDD to 560 satoshi, not very likely at this moment. Maybe late...

davevanbeeten

Just noticed Reddcoin - RDD is forming an Ascending Broadening Wedge Price is stable now at 0.0020$, support is also very well satoshi wise. Definition; 1 – The Ascending Broadening Wedge The Ascending Broadening Wedge is one of six Broadening Wedge patterns to be found in price charts. Broadening Wedges are plentiful in price charts and can provide good...

davevanbeeten

We had a great rise earlier this month! After the big price increase we fell down a bit. Also 10th of April a lower high. As you can see, we moved down in a descending triangle. (Red triangle) As you can see now Reddcoin broke out of the descending triangle today 18th of April! As you can see we are now in an ascending triangle (blue triangle). The black...

davevanbeeten

Short term: Maybe a slight slight squeeze to 4800-4900 area. Mid term: BTC futures expire later this April, I think we might break the 5500$ above early May. Next big resistance is the 6100-6500$ zone. We should break that zone somewhere in July. During summer late July/August, I think we will start the parabolic increase! Long term: End of...

davevanbeeten Updated 

Reddcoin moving up, not below support line, breaking out latest mid April. No financial advise! My personal opinion

davevanbeeten

Based on history