Descending channel has formed an inverted cup and handle. This signals a continued descending trend. Previous all time high was 66 so this is forming strong support between 66 and 80. The EMA 13 and EMA 34 show the cup pattern with little effort on my part. Once some volume picks back up and BTC settles over the next 12 hours I think we will bounce back. I...
RDD looking good at 1hour with macd cross
This might shoot off again or go back to sleep.
RDD This coin alerady showen a strong breakout after reaching the bottom but it is still good to get in 3-500 weeks for this trade to develop. Diversify and invest only money that you can afford to lose. With that said... Now, let's see how can we do ..... LET US say that we can buy at the bottoms for the short term trade buy at 0.00000100/0.00000110 and put...
A lot of you guys are panicking over one trade. You shouldn't be panicking over one trade. But as requested, here is my update on RDD as structure has change. My previous pattern on it was wrong. In this game, you are not right 100% of the time. But your ability to adapt to every situation and remain calm will help you succeed. I also get asked a lot where should...
The volume has raised dramatically. RSI is positive. Target 1 is easily achievable. Trade active.
RDD was a recent pump and dump courtesy of Twitter call by John Mcaffee. People are rushing into coins without doing their own research and this sort of "Pump and Dump" is only hurting crypto in general. The leaders of the community aught to know better. If anything, they need to do much more for Bitcoin. Use their resources to help promote and nurture the...
It seems REDD Coin has just it's wave5 as previously forecast, on the Minor Period. It also seems that the first 'ABC' correction has completed and we may be seeing the first of the next Impulse wave1 count, if the correction has been completed. If the correction hasn't been completed, my wave count will be invalidated and a re-count will be performed to catch...
Be careful, RDD is dead coin, the last improvement in code was almost a year ago. There are 50 Owners with more than 70% of coins and if any of them would dump their coins the price would crush Almost all coins are traded on only one exchange bittrex If you are not trader spending all your time on buy and sells keep away from this coin.
Descending channel on the 30 min chart. Possible breakout at 130 while charting. If not I believe it will hit 92 before bouncing off of support and then continue up. If volume picks up and holds the breakout at 130 then 155 will be the next wall. If it breaks 155 then 180 is the next hurdle. I'm long on Reddcoin. This idea will develop in the next 12 hours. ...
New entrypoint for RDD. 110 could also be a the new entrypoint if it does not break that fib line. Please do not rely on this chart, DYOR.
Keep a look at this coin. It's showing a bullish trend on level 1, uptrend on levels 2 and 3 to support that. When the longer retrace finishes on level 1 it will indicate a BUY signal.
Am I the only one who sees the cup and handle? If it is indeed a cup/handle then it should be buy time soon and it will fly!
A lot of you guys been requesting an update for this. Well here it is. Some of you were fudding from the dump. I told you to not worry. As you can see, we are getting a nice curve up. This pattern you will see me use countless time. I hope you will be able to identify them on your own as time goes by! Long term hold for this coin. I am expecting 10-20x from...
Once RDDBTC has reach a new all time high we should see a bigger drop than the one we had today.