Like all the other alt coins in the market RDD was in a long term down ward trend since the beginning of the year with some exceptions of upward reversals in some moments in between. RDD is very bullish for the long term according to the 1D chart and it is trying to breakout the falling wedge pattern and construct a reversal upward trend. RSI is at good position at around 56 and 50EMA is below the price and 89EMA is almost there to be outpaced by the price too. If the chart can manage to close above the blue falling wedge in the following days with a volume spike we might witness a good upward trend with the construction of an impulsive upward move. Here are the major resistance levels and support level to decide in the investment process.
Entry Zone : 40 sats - 55 sats
Sell Targets :
Target 1 : 63 sats
Target 2 : 74 sats
Target 3 : 84 sats
Target 4 : 93 sats
Target 5 : 100 sats
Target 6 : 117 sats
Target 7 : 140 sats
Stop Loss : 29 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
Entry Zone : 40 sats - 55 sats
Sell Targets :
Target 1 : 63 sats
Target 2 : 74 sats
Target 3 : 84 sats
Target 4 : 93 sats
Target 5 : 100 sats
Target 6 : 117 sats
Target 7 : 140 sats
Stop Loss : 29 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications.
With Regards. TeamTWA.
Entry Zone : 40 sats - 55 sats
Sell Targets :
Target 1 : 63 sats
So far Reached 69 sats.
Total Profits so far : 35.5%
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