E-55

No good signs for Reddcoin

Long
BITTREX:RDDBTC   Redd / Bitcoin
As you can see very clearly, Reddcoin repeats the same process as on June 2017, which is common in the crypto market.

Even if I feel sorry for any fan of Reddcoin, technically it will not look good for you for a long time - especially because Bitcoin will also correct.

However, it must also be admitted that the value of a Reddcoin is currently much too high. A correction is needed, no matter how good the coin may be.

It is your decision to keep this coin or not, at least I will not touch it for a long time.

For now I can say that our entry point is at about 40-50 SAT, which may change in the long time.

Nevertheless, I wish you good luck - open your eyes and do not be greedy or you will lose.

Comments

Negative nancy, lol, on everything. Def on team Bear
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Good contribution, however I think that as long as we don't get below the 50 day moving average we could be seeing a potential breakout. I would advise putting in a buy order and having an appropriate stop loss below the 50 day.
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