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...
Hello, RDN is a project to keep your eye on. Atm moment they are in an undervalued area compared to competitors. Their tech is solid and worth reading up on. Now form a trading perspective the haven't regained any thru momentum. And percentage wise recovered less strong than most others. We can see on the chart that we are in a neutral zone between 20K and 26K...
Raiden Network Break out resistance line of the channel. Looking for fibonacci levels. Low volume Fundamental The Raiden Network provide Instantaneous, affordable, scalable, and privacy-guaranteed payments based on Ethereum ERC20 tokens are the ideals espoused by the Raiden network’s technological preference. By so doing, the network can push back the frontiers...
One of the most promising on-chain scaling solutions for $ETH around. Want to add more around 19.8 or 20.6 here and watch for break above 28k. Included possible targets
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.