Priceline of Raiden Network Token / Bitcoin cryptocurrency formed a bullish Crab pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
We have 200 simple moving average support withing this PRZ area.
I have used Fibonacci sequence to set the targets:
Everyone remembers the recent story with #MTL, which is + 150% on the expectations of opening deposits at Bithamba. Bithamb opens deposits slowly. Of the most likely candidates for the next announcement, these are #PPT and #RDN (although there are a number of coins, however, it is impossible to guess everything, so we take 2 coins that are the most likely).
The RDNBTC is moving withing a parallel channel and hits the support of channel.
The stochastic is oversold and MACD has already given weak bullish signals.
The volume profile is showing low interest of traders at this area.
A bullish butterfly pattern is also completed within this channel and the price action is entered in the potential reversal zone of this...
RDN topped out at an impressive $9 before it's falling in an epic fashion to less than $0.30 since January 18th. However, it's seems to have found a temporary bottom and have been trading range bound between $0.19 - $0.45 over the last 6 months and has begun to make higher highs on the daily time frame on increasing volume. This is one of the clearest sign of...
Even after recent rise, I believe this idea is still great! Time will tell... Raiden (RDN) is an off-chain scaling solution optimizing ERC20-compliant token transfers on the Ethereum blockchain. It is Ethereum's version of Bitcoin's Lightning Network, enabling near-instant, low-fee, scalable, and privacy-preserving payments. There are many reasons why RDN...
Buy Price: Yellow Line
TP: Green Lines
Moon: White Line
Support: Blue Line
SL: Red Line
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. Moon can take >30 days. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got...
RDNBTC Moving in triangle and want to break out resistance line. Stoch RSI - Oversold.
This coin I have in my portfolio. I see potential for further growth and by the end of the year I believe that we can see at least + 100% (This is just 23.8% level fibonacci from the whole movement). Market Cap $27 772 094 USD. Rank 161
Because Raiden Network enables off-chain...
A little since the arrival of the past, but there is still a chance.
Given the current conditions, there is a probability of a pump.
Indicators give good signals.
But remember that nothing in this world is 100%