RDN broke out of the 168 days resistance trendline.
This is a daily chart so it's highly likely we will see a good rally here.
It is currently retesting the resistance turned support.
Also trading above both 50D and 21D MA.
Accumulation Range:- 980 sats to 1150 sats
Targets:-
1465
1692
1858
2401
Stop loss:- 841
Rembebar.This is not a piece of financial advice....
Welcome to this quick Trade Setup, everyone.
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RDN broke out of the 168 days resistance trendline.
This is a daily chart so it's highly likely we will see a good rally here.
It is currently...
RDN as one of the potential scaling solution started its recovery up to 150%.
Looking at our next targets we can see that another similar move looks likely.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too...
Raiden Network as off chain scaling solution started its move to the heavens.
We are currently 150% from our entry point but there is still a long way to go.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be...
💎Technical Analysis Summary💎
BINANCE: RDNBTC
-Raiden Network Token tested the key area of support and saw a good bounce
-Though this is a good sign because the support is being respected
-But this is still not enough to confirm a reversal of the downtrend
-We need to see reversal patterns like Double bottom or IH&S patterns
-Until we see multiple reversal...
RDN/BTC
-Raiden Network Token is now pulling back to key areas of support
-The important level to be watching is around 2800 sat area
-This is a confluence of previous resistance turned support
-And additional support Fib level at 0.786
-Be sure before entering a position, wait for any Bullish signs of reversal
-We want to reduce the risk involved as much as possible
RDN/USD 1W Ichimoku Cloud potential edge to edge trade of +1700% if cloud resistance broken.
Price is above Tenkan line (blue) and consolidating below Kijun line (red) and cloud resistance.
Seems to be forming some sort of bull flag/ ascending triangle on the 1D chart.
Lagging span (green) has made its way above price action indicating bullish momentum.
High...
RDN/BTC
-over 90% price pump after cross ultimate indicator flashes
-the price is hitting mid resistance area
-I do not recommend to buy at this level
-already missed the best entry point
-if you like to trade this coin
-wait for the consolidation or acceptance above the 2300s
-this will give extra confirmation that the bull
-have taken this new area of...
Hello Traders,
For RDN/BTC we are testing a resistance line, if we break this line above we will wait for some acumulation and enter on next breakout or pullback, like is market on the chart, at the green box.
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