Elliot wave classic A, B, C retracement for Reddcoin. For rebuy levels look for the fib retracement of the following levels: 0.618 0.786 If you followed our last Technical Analysis on RDD you are enjoying some real nice profits by now! Be prepared and trade smart!
Reddcoin seems to follow XVG and I think that that train lost it steam at the huge red candle that occured earlier. Reddcoin's indicator are not looking very dandy either. MACD and RSI are dipping and volume is decreasing. This means selling pressure > buying pressure. It seems to find support and resistance around the 63-68sats area. It it drops down 63 sats it...
I have a small position in RDD and was interested in looking at profit taking after these bullish movements (I wouldn't rule out a pump and dump). Drawing a fibonacci retracement from the current price to the start of the rally shows signs of resistance/support lines. Watch out for these levels when buying/selling. You could possibly also see signs of what led up...
this is in a very strong pullback right now. wait until it hits around this line for entry
'Reddcoin RDD finally woke up! If you acted on our Technical Analysis of november 20th you made some real nice gains by now. Fib extensions on the RDDUSD chart can be taken as guidelines for profit taking. Reduce risk, stick to your plan and don't let greed get the hold of you. Hard to tell what is possible. If the RDDBTC chart is still representative than we...
ReddCoin (RDD) - Another coin that meets our criteria to be a huge winner. We only have upsides here. This coin shows a strong breakout after reaching a bottom. Allow 3-500 weeks for this trade to develop. Diversify and invest only money that you can afford to lose. With that said... Now, let's trade! ** Buy in: 26-30 ** Stop loss: 17 ** Targets: (1) 46 (2)...
Reddcoin might give us a nice opportunity to a 5 or 6X move in the near future. After a deep 2nd wave correction we are ready for some real action in the 3rd impulse wave. 3rd waves are common to have the biggest movements so hold on tight!
You may try to buy near 0.00000017 with stop order below this level. Target is 0.00000040.