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AlanSantana
Nov 27, 2020 1:20 PM

Raiden Network Token (RDN) 700%+ Potential Profits Mapped Long

Description

I shared a chart recently for RDNBTC short-term, the 4H timeframe, and things are starting to move as we want...

Here is a long-term analysis where I map over 700% of potential profits on the next bullish jump for this altcoin pair.

Just recently, 3 days ago, RDNBTC hit a new All-Time Low (ATL) on a wick... I've mentioned that hitting a new low can be a bullish signal because, just as prices go down, they also go up.

Even though a new ATL has just been hit, we can see a very strong RSI (50+).

The MACD shows strong bullish divergence that started back in May.

We can expect strong bullish action on the next wave.

Previous chart:


Thanks a lot for reading.

Namaste.
Comments
BISNUU
heading to first tp sir amazing analysis any though usdt pair will be the same increase
Silkmilk-
H there, any further thoughts on RDN? Looks like if could potentially have some good upside.
AlanSantana
@eh-Trader, The same arrow... We go up.
Promazin
@alanmasters, Thanks for update!
BISNUU
hello namaste can u please update about RDN...
TheTradingWizard
Hey @alanmasters how do you see this playing out currently? signficant number of btc pair charts looking ripe for parabolic type moves.
MavericcCap
Any updates on this chart @alanmasters
Andych99
Namaste. This is shit token. How do you think it can?
AlanSantana
@theseng99, I do not like to call them that... As it feels disrespectful.

If you don't like an altcoin project you can call it a "trading pair".

It will go up based on TA... If not, just look at the August peak/bullish wave.

The next one will go higher.

Pretty simple.

Namaste.
Zephead71
@theseng99 it’s going up just like he said. As he says sooo many times....patience is key. That I lack and am learning when it comes to alt coin investing.
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