Two times rejection from ~1900 in btc value.
RDN is on his 3th try for breaking this resistance.
if succeeds, so 49% percent profit is in your hands.
Black dashed line is the resistance area, and purple one is a safer entry.
Don't forget to use stoploss!!!
What up Financial Amigos, Happy Friday to most of you. I already know what many are thinking, NOT A TOP 200 COIN blah blah blah I am not gonna read, well that's ridiculous.
Link was worth crap a few months ago, along with many other examples. RDN may have a low market cap, but that just means it can moon even faster than most (and it usually does). RDN has...
The RDNBTC is moving withing a parallel channel and hits the support of channel.
The stochastic is oversold and MACD has already given weak bullish signals.
The volume profile is showing low interest of traders at this area.
A bullish butterfly pattern is also completed within this channel and the price action is entered in the potential reversal zone of this...
$RDN Building momentum at ATL BTC support...
Volume slowly growing..
RSI and MACD showing big divergences..
50 down since last UCTS Sell signal...
Stay alert if this gets some traction it can fly...
Apologies for the late call on this one guys, as it seems like I just missed the latest bullish move on RDN on the daily. However, as we can see on the chart above, RDN appears to be bottoming on a weekly 9, so I expect a few weeks of upside at the every least in spite of this recent surge.
RDN has found a support near 3400 area and bounced from. Red cloud become slimmer and turned to be green now. First I expect it to touch upper side of pitchfork and if it breaks more upper levels are available. Red line is a logical stop.
Enjoy it <3