I have been watching RDD for the past month as it has been slowly moving down this falling wedge. I observed that around the 3-5 sat range sell offs started to slow down. The bid:ask ratio has been very against buys right now, until today we almost have reached a 1:1 ratio of bids:asks. I saw a huge influx of buys today (0.5 BTC+ orders) and have been slowly...
RDD 1 of my fav altcoins, it's an artists coin with nice supply.
I can see it reaching 250- 300 sats in OCT which is my ATH month, and making higher bases after it.
Still $DOGE will be bigger of course
Short term prediction for RedCoin RDD shows 200% - 300% profit, depending on how long it takes to hit the upper line on the fan..
Be sure to sell at that mark & rebuy at the 50% fib line..
Cup and Handle is complete
1 and 2 waves are complete.
Now we are going to get third wave, which is 261% of wave 1
Then we will go to 38% retracement of wave 3, then will go to finish wave 5 which is 650 satoshi.
For tips:
BTC: 189gZ7qEP2uVqDZkyLmn9JmCCmqCnbpDVp
ETH: 0x5F1280a09EB114Df03b133fbAF592F81cc50A0e0
LTC: LguwjDn6X5wSYU7B48SSzLdf2GnCFh9qZG
Utilizing past Supports, Resistances, and Fibonacci Retracement, I anticipate a dip before we see the price surpass 100 Satoshi again. Further notes are on the chart.
Hi everyone,
ReddCoin has recently broken out and made a ABC-correction. The market then broke out of the ABC-correction and a nice flag-setup has been made. I think we are going to make one more (small) down-wave in the flag before it continues up to make a AB=CD-structure. We might see some profit taking at the D-leg, before we move to the 1.618-extension....
