AlexCH

Radium (RADS)- Buy opportunity - Trend Reversal

Long
Hi friends, thank you all for following along. You guys/girls are great!

Take a look at this daily chart of Radium.
We crossed MA50 a few days ago and stalled for a few days. We closed yesterday with a green candle and it is going well so far today, giving us an opportunity for a long position.
As long as we stay above MA50 line, we can comfortable with opening a long position as we are riding with the trend.

- MACD on all time frame supports upward movement
- RSI in the bullish zone and has room for growth
- We can ride the 3rd wave, which is often the longest wave.

- Entry should be placed below 61000 with a stoploss at around 55500

- Targets are the fib levels:
- 93500 (expect resistance)
- 134000
- 168000
- 200000
You can decide how much you want to sell at each target.
It might take weeks, or even months, to reach our higher targets.

Nevertheless, I want to emphasize this golden rule again: you never lose when you lock in profit.
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Happy holidays folks! Please do support me if you are benefiting from these ideas! It is immensely motivating for me!
- BTC: 12L635hTz12ZcwBzdixwKyWYpkpUa5ve8p
- ETH: 0x05f171e02092ce9200779ace56ff1b1411e1ec26
- LTC: LTFr3Jp445vENZUZQopQPoqRgeSyGs36fe

Greatly appreciate all of your presence.
Trading can be a selfish and greedy thing, but as a community, we can foster each other! And blossom together!

I wish you all a prosperous end of 2017 and an even better 2018!
CH.
Comment: We are doing great since this idea was posted!
You can reload at dips at your own will.

Good luck to all! Much love!
Trade active: woohoo!!!
Trade active: very very active!

Comments

Looks promising, Thank you for the detailed analysis. Happy holidays.
+1 Reply
AlexCH nevzus
@nevzus, congrats! I KNOW you are in!
+1 Reply
nevzus AlexCH
@AlexCH, Thanks, likewise. Yes, I am in this train, and could be more if my buy order at the dip would go through but it did not. Well, still I should just be thankful. Any profit needs appreciation. As you said, there are plenty opportunities and no need to be greedy but need to be safe.
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Too late to buy in?
Reply
AlexCH gibbz
@gibbz, yes, don't chase the train you will fall short
Reply
gibbz AlexCH
@AlexCH, ok mate, thanks for the advice. Top Bloke
Reply