cryptoniter

Taking a look at RDD and possible profit taking

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BITTREX:RDDBTC   ReddCoin / Bitcoin
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 to this rally. Constant volume for a while which could mean accumulation which eventually led to a breakout. This is on a very small timescale so it might not be very accurate.
Yorum:
I see a reverse from the small downtrend. I wouldn't be surprised if we'd get another pump out of this.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.