cryptoniter

Taking a look at RDD and possible profit taking

cryptoniter Aktualisiert   
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.
Kommentar:
I see a reverse from the small downtrend. I wouldn't be surprised if we'd get another pump out of this.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.