ReddCoin ( RDDBTC ) analysis
- The chart above is pretty classic for a cryptocurrency that has been on a bear market for long. We see long terms of bear action, followed by short but strong waves up.
- These waves up can last several weeks to a few months. You can see them above marked with green on the chart.
- Right now we have a very strong breakout, great , which moved RDDBTC price above EMA50 and EMA100, and reached all the way to EMA200 (MA200) where it found resistance and retraced.
- The is super , in fact, already reached overbought, so you can expect a retrace.
- The printed for long, there is also a crossover and it is now on the side.
- RDDBTC will generate great profits. 365% Profits Potential ( PP ) to January's 2018 top price and over 500% to a new ATH .
- Hit LIKE TO SHOW YOUR SUPPORT.
- Buy in, targets, stop loss and trade details below.
Trade instructions for ReddCoin on Bittrex
Buy in: Up to 44
Targets for RDDBTC by Alan Masters:
(3) 196 (All time high)
(4) 271 (new high)
Stop loss: Close weekly below 28.
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