Fibonacci, Fractals, and Trendlines show the remaining waves 2, 3, 4, and 5 of the extremely impressive impulse pattern RDD is currently completing!
I find its timing exponentially increases my excitement about it. It looks like wave 2 will take place while other cryptos are taking off to the moon. Selling at the top of wave 3 and then laddering back in during wave 4 can also lead to impressive profit potential.
related post: steemit.com/reddcoin...ctals-check-this-out
I find its timing exponentially increases my excitement about it. It looks like wave 2 will take place while other cryptos are taking off to the moon. Selling at the top of wave 3 and then laddering back in during wave 4 can also lead to impressive profit potential.
related post: steemit.com/reddcoin...ctals-check-this-out
Comment:
We can be looking at today's action as a B wave. IF this is the case then we have B wave hitting exactly at the 61.8% retrace of wave A. We have C wave in a 1:1 ratio with A. This gives us a 78% retrace on RDD/USD (0.005 USD) and RDD/BTC (66 satoshi) with BTC at $7500, which is an expected value at the bottom of C wave for BTC/USD.
BTC has been sliding down the resistance line of the downard column it is in. Until it breaks that resistance or until RDD/USD breaks above the top of wave 1 at 0.0116 USD, the majority of evidence is showing RDD is still in a correction with a larger trend ABC pattern, just like Bitcoin.
I am expecting this larger trend correction to be ending in around 05/21.
BTC has been sliding down the resistance line of the downard column it is in. Until it breaks that resistance or until RDD/USD breaks above the top of wave 1 at 0.0116 USD, the majority of evidence is showing RDD is still in a correction with a larger trend ABC pattern, just like Bitcoin.
I am expecting this larger trend correction to be ending in around 05/21.
Comment:
The RDD/BTC chart is showing a clear path towards 86 Satoshi which happens to be exactly the 50% retrace of wave 1. It could hit this in as little as 10 hours from now.
I am seeing RDD/BTC in a 3,3,5 flat, and the 5th wave of 5 starting about now. With wave 5 in a 1:1 ratio with wave 1 we have it going down 14 satoshi at the bottom of 5 from the top of 4 at 100 satoshi.
I am seeing RDD/BTC in a 3,3,5 flat, and the 5th wave of 5 starting about now. With wave 5 in a 1:1 ratio with wave 1 we have it going down 14 satoshi at the bottom of 5 from the top of 4 at 100 satoshi.
In my diagnosis of wave 2 details, the latest spike upwards has gone higher than the top of wave B of 2. Therefore it can't possibly be wave 4 of C of the zig zag in wave 2.
This extreme surge upwards in RDD I expect will be partnered with an impressive BTC/USD impulse. It looks like BTC is breaking upwards today, never hitting the 7500-7800 USD low it was teasing yesterday.