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
Look for Correction to land around 150 Satoshi. That will signal (70%, as it land on impulse 4) that this may be the low point and great time to load up before next rise. Keep your eyes at the last ATH to retest ceiling.
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Looks like price of RDD is coming to surprise us in next month. I'm looking for entry at 61.8 Fibonacci level. I will sell it partially at key levels. Entry, set up limit buy: 124 Target 1: 196 Target 2: 300 Target 3: 384 Target 4: 492
now we see the correction (2 wave) the target of 3 wave = 0.07$ if you have RDD, relax & wait profit ) __________ *NOT Professional advice, this is all just my own opinion and experience
Redd has been on my radar after the tweet from Mcafee pushing it higher. As more data is becoming available on the charts, I can see the direction more clear. Projecting Redd to reach 600 sat in 1-2 weeks. Entry can be anywhere between 150-170 sat. What are your thoughts? Trade with care.
Notice how much cheap coins have been pumping? Doge from 20 sats to over 100 sats, XVG from 50 sats to 1000 sats, so on and so forth. Do I need to mention Ripple? It appears our newcomers into crypto enjoy picking up these low cost coins (despite market cap being huge). That means it has become worth it to accumulate these types of coins. Reddcoin is only at 170...
Markets have been weird the last couple days. I've made a bundle and lost even more by holding too long, then moving to something I expected would bounce and it fell (QTUM for example). RDD appears to have some great growth going for the past weeks and the last 3 rallies look decent. However, I've taken into consideration that the previous rallies show at 15%...
I don't do technical analysis, but this is my vision. 0.03Cents Trend line looking Bullish, might see a lot of sell offs because of MASSIVE GAINS. Next stop 0.03 cents. Hodl this one.
BITTREX:RDDBTC Hi, Reddcoin a last time a very popular coin. It have a good News www.reddit.com and price a reacts to this. Risk trade .
Alright guys, what a two week stretch we just experienced as the media and the world cried out for the collapse of the cryptocurrency world, only to be silenced by the magical first 4 days of 2018 and the altcoin emergence. I am getting new to this space here on Tradingview, as I have done much of my charting on other platforms - primarily stock trading...
Reddcoin looks pretty solid right now. It's had some crazy gains lately but now it appears to be building a cup and handle . RSI strong but showing signs of a reversal (which could be the handle). Stoch overbought and allows for downside. Worth watching for sure. PM me for targets or custom charts.
Level 3 to be established scale in on the 61% fib exit trade on a M top right leg or pullback on left leg M at 0.02526237 zone wait for level 3 drop to 50% fib for a re-entry this should complete a full cycle
So, generally what do I see from RDDBTC graph is that it touched 4/1 support line and bounced, it may be a confirmation for trend reversal. Slow Stochastic indicator confirms upward movement by breaking lower border and price didn't go lower. Buy zone: 74-80, Sell zone: 150-170. Stop-loss at 66. Good Luck !