First time i have published an idea.. am I crazy or is this rational? Constructive criticism please. Thanks. not financial advice, just analysis. I do not hold RDD (yet)
just looks like an interesting idea. im wrong a lot though.
Here is an update of the structure developing for Redd. The idea is still the same, however the pattern is slightly different. What are your thoughts? Trade with care.
Possible 60%+ gain on RDD. Please do your own research. Do not rely on this chart.
It seems REDD Coin has just started it's wave 5 count in a bullish trend. Price action is above the Ketchup (13 EMA) as well as the Water and Mayo EMAs. 'TDI' shows additional suggestion that an upward move will continue as the 'RSI' line has just hit the upper outer band of the 'TDI' channel, pushing towards the '60.0000' area. In my opinion this will continue...
RDD (Bullish) to touch 0.000 00 133 soon before retrace back slightly below 0.000 00 1
If you haven't noticed, penny coins are the rage right now. As people are trying to make quick money, if you are ahead of the herd, you will be leading them. Made a lot off of DGB, XVG, BURST, and RDD last night. As late comers come in, there will be sellers for them. These guys will dip their coins as they see these coin correct. Then we will buy again at the...
To those who have been holding, Glad to see you here, Those who haven't entered the trade its not too late. This coin has some huge potential. Don't miss out, low cost coin for now! Within 48 hrs you will wish you were In it. Don't sweat the dips, go long on this one
Buy RDD once it's cleared the 15 minute cloud for a relatively safe ride to 100% or more gains. Stoploss at 45 sat.
Short idea about reddcoin, based on Fibonnaci Retracement. Buy level: 60-55 Stop Loss: 52 Target: 88
Reddcoin seems to follow XVG and I think that that train lost it steam at the huge red candle that occured earlier. Reddcoin's indicator are not looking very dandy either. MACD and RSI are dipping and volume is decreasing. This means selling pressure > buying pressure. It seems to find support and resistance around the 63-68sats area. It it drops down 63 sats it...
RDD Sell and buyback at 25-26 zone
You can get 5x if you have patience and hold. If you bought it around 60 to 80 earlier just buy more around 7 to 14 satosi for fast recover of loss. We never get 100% loss in crypto but easily get 100% to 1000% so no matter where you bought the coin, you can get profit if you buy in dip. It is the strategy for Crypto.
I have a small position in RDD and was interested in looking at profit taking after these bullish movements (I wouldn't rule out a pump and dump). Drawing a fibonacci retracement from the current price to the start of the rally shows signs of resistance/support lines. Watch out for these levels when buying/selling. You could possibly also see signs of what led up...