Head and shoulders formation on RDN/ETH Price has steadily risen since bottom, will continue until around .005 Will enter @ ~.3 and exit @ ~.5
Raiden Network Token has been trading between 62k and 13.5k satoshi during the past three months. Recently it found the support at 30k satoshi where it rejected the 127.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. At the same time, bullish divergence was formed by the RSI oscillator, suggesting the...
Symmetrical triangle pattern shown. Indicators look ok. A break out expected.
Depends whether support holds or not. Would recommend shorting on whatever bounce happens afterwards if there's no volume to support it.
Just a newb trying our new things. This chart shows the general channel RDN is taking and potential resistance levels it will encounter.
Raiden will go for a re-test of resistance soon! We can observe and look for the possible break-up up! Indicators on the daily are not great yet! So we can bounce and consolidate for 2 more days! its worth getting a position and catching the upside to the first resistance!
"The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments." Reads the Raiden website. Fundamental I've had Raiden for a decent amount of time now ( added to portfolio spreadsheet 6 December ), and while it is up, it has not impressed. If you consider the growth in the overall market it should have done...
Under value now. I did buy some Raiden Network Token - R D N on Binance and waiting for 2018 to begin. docs.google.com or www.countup.io My bet is on R D N. :)
Notes on chart. Radian has been somewhat beleaguered until recently. Now it's heading higher on loose monetary policy statement. With some volume this week, could go much higher. Target 20.00 in 3 months.