BINANCE:RDNBTC   Raiden Network Token / Bitcoin
Hello friends,

welcome to this update on RDN ,

As you can see it has curved after its correction and created and created a pattern known as ascending triangle which is a bullish sine and in this case a rocket launcher.
Looking closer into the triangle it's forming a vertical cup and handles ( same parabolic ups that I was talking about in my last posts lol) which give me confidence that it gonna break to the upside.

for a purchase, you have to wait for to break above the triangle in the red line on high volume and retest it as support. with a stop loss below the top of the triangle.
I'm gonna update this analysis later when its ready.

*this is just for educational purposes btw!*
Comment:
Comment: make sure you take profits at the green box of the resistant.

And as to BTC is a ticking bomb.
Comment:
Comment: looks like its flirting with the resistant of the wedge.
a break out up from the red triangle with high volume and closing the candle, can be a good signal.
Comment: rocket launchers need more fuel. :3
Comment:
Comment: some things are going on here. ;)

Comments

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