tim3249893294

I have to hand it to $RED, even charts are as stated color...

Long
KUCOIN:REDUSDT   None
Welcome to low cap ventures! It's not my name but it is what you are looking for....

We have a clear rejection at may the 7th. So first resistance is a descendant resistance line which was the sub line of a bullish flag...
The bullish flag is broken down cause of Bangkok expansion news (buy the rumor sell the news club), but it has gone far from expected and panic sell has happened. Although it is not a meme coin, people tend to recognize low caps as shit/memecoins. Redpepe also stole some stage from this I guess, RED Token doesn'T have a sustainable social media management, so market cap is leaking towards non-sense coins...

The tiniest triangle shown in the chart (the bottom end) will hopefully trigger some buying instinct which I am anticipating an upward reaction between 0.000088 - approx 0.000070.

I am also anticipating a short summer rush.

Key horizontal resistances are 0.00046 and 0.00075...

This coin is for esports and entertainment, it has some promises but 100 billions coins is too much, they need to burn some on the way...

Those are merely an amateur and humble approache from my perspective. Don't you dare to receive those ideas as investment advices.

NOT INVESTMENT ADVICE AT ALL!
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