Reddcoin (RDD) - Fundamentals never lie!
Hello guys. :D
I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today!
Prove of link: twitter.com/reddcoin.../1010869633203802112
Just have seen a very promising scenario but im no financial advisor do everything on your own research!!!
In my point of view we have a big triangle pattern, that just has come to an end. As we all know the end of a trianlge is always spicy, as well as upwards and downwards. And with the incomming fresh news we will see for sure a Breakout in my opinion.
Also we are on a great support line that we bounced off many times in the past. Support Zone ~83 Sat.
BUY EVERYTHING ARROUND 83~ SAT
Resistance Zones marked as R1 & R2 are at 104 & 125 sat, so keep an eye if you looking to sell off in a short time period.
RSI is showing good sings off pullback if you take a closer look.
I would recomend you to take 77 Sat as your stoploss!!
Tell me what do you think about this one?
Cheers,
Kasmirpuma.
I just loaded up some RDD after an announcment with MUSARDS for a strategic partnership today!
Prove of link: twitter.com/reddcoin.../1010869633203802112
Just have seen a very promising scenario but im no financial advisor do everything on your own research!!!
In my point of view we have a big triangle pattern, that just has come to an end. As we all know the end of a trianlge is always spicy, as well as upwards and downwards. And with the incomming fresh news we will see for sure a Breakout in my opinion.
Also we are on a great support line that we bounced off many times in the past. Support Zone ~83 Sat.
BUY EVERYTHING ARROUND 83~ SAT
Resistance Zones marked as R1 & R2 are at 104 & 125 sat, so keep an eye if you looking to sell off in a short time period.
RSI is showing good sings off pullback if you take a closer look.
I would recomend you to take 77 Sat as your stoploss!!
Tell me what do you think about this one?
Cheers,
Kasmirpuma.
Comment:
Im sorry my articulation is not the best and I sometimes make english mistakes! Working cosistently to get my english better. :)
Trade active:
Major support zone reached. Lets see if this breaks down or goes up! Stoploss thight!
Trade closed: stop reached:
Stop reached, have a feel that I have been a few pips too deep with stoploss. Anyways we can take a look if this plays out the way I wanted eiterways.
Comment:
seems that the resistance at my drawn line is real!
Comment:
RDD is in our triangle formation and keeps following my drawings.
Comment:
Still on track of my triangle line
Trade closed manually:
Out of my triangle
KSC
