Reddcoin Risk(1):Reward(6), Long Opportunity!
Daily
Ladies and Gentlemen today we are looking at Reddcoin’s price action. Starting w/ the daily we see price has recently broke out of a small bearish parallel channel, and is currently testing our resistance @ $0.0060250.
4hour
Shifting over to our pattern timeframe we get a better picture of the our bearish parallel breakout + Double Bottom w/ breakout and tested for support as well. A break and close above $0.00630000 on the 4hour is the next best entry. Stochastic RSI showing the bulls are alive on the smaller timeframes.
Hourly
Lastly viewing our trigger timeframe we get a better sight of our resistance. An hourly break above $0.00630000 activates our trade
Target 1: $0.007
Target 2: $0.008
Target 3: $0.010
Target 4:$0.015
Target 5: $0.017
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.
Ladies and Gentlemen today we are looking at Reddcoin’s price action. Starting w/ the daily we see price has recently broke out of a small bearish parallel channel, and is currently testing our resistance @ $0.0060250.
4hour
Shifting over to our pattern timeframe we get a better picture of the our bearish parallel breakout + Double Bottom w/ breakout and tested for support as well. A break and close above $0.00630000 on the 4hour is the next best entry. Stochastic RSI showing the bulls are alive on the smaller timeframes.
Hourly
Lastly viewing our trigger timeframe we get a better sight of our resistance. An hourly break above $0.00630000 activates our trade
Target 1: $0.007
Target 2: $0.008
Target 3: $0.010
Target 4:$0.015
Target 5: $0.017
We spend our days following the patterns, technicals and essentials of the
present most sultry data about Bitcoin, Ethereum, ICO's and different Altcoins,
and burrow through all the messiness to discover just the best data for our perusers!
In the event that you need the best cryptocurrency to buy / news conveyed
straight to your inbox.
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