KamiCapitalTA
Long

Reddcoin (RDD) - Fundamentals never lie!

BITTREX:RDDBTC   ReddCoin / Bitcoin
Hello guys. :D

I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today!

Prove of link: https://twitter.com/reddcoin/status/1010...

Just have seen a very promising scenario but im no financial advisor do everything on your own research!!!

In my point of view we have a big triangle pattern , that just has come to an end. As we all know the end of a trianlge is always spicy, as well as upwards and downwards. And with the incomming fresh news we will see for sure a Breakout in my opinion.


Also we are on a great support line that we bounced off many times in the past. Support Zone ~83 Sat.

BUY EVERYTHING ARROUND 83~ SAT

Resistance Zones marked as R1 & R2 are at 104 & 125 sat, so keep an eye if you looking to sell off in a short time period.

RSI is showing good sings off pullback if you take a closer look.

I would recomend you to take 77 Sat as your stoploss!!

Tell me what do you think about this one?

Cheers,

Kasmirpuma.

Comment: Im sorry my articulation is not the best and I sometimes make english mistakes! Working cosistently to get my english better. :)
Trade active: Major support zone reached. Lets see if this breaks down or goes up! Stoploss thight!
Trade closed: stop reached: Stop reached, have a feel that I have been a few pips too deep with stoploss. Anyways we can take a look if this plays out the way I wanted eiterways.
Comment: seems that the resistance at my drawn line is real!
Comment: RDD is in our triangle formation and keeps following my drawings.
Comment: Still on track of my triangle line
Trade closed manually: Out of my triangle

Comments

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