Yesterday I posted the following chart about the potential in ReddCoin:
Since then ReddCoin, following a slight dip, surged 35% and crossed the upper support line, and will soon be testing the .5 support zone. Is it too late to buy in? I think not, since on the one hour chart below the 50/200 EMA is looking for a crossover, which is very bullish, and the MACD has already crossed with some strong volume behind it. At this point the margins between now and the next support are not worth the risk IMO, so it would be prudent to wait and see what happens at the next support (we won't have to wait long), and there will be a small correction due as well. However, I would watch for a break above the next support and be ready for a buy in if you didn't already yesterday.
Healthy trading and profitable investments,
The Freedom to Be
Legal Disclaimer: The information provided herein is for informational, or entertainment purposes only. I am not providing financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs, and only invest what you are willing to lose.
If you profit from this idea and would like to keep the charts coming, wallets are below:
BTC: 13mG7EsCBB3wK2pQnV4zXqXUXmnVtCbmS6
LTC: LTfKUD4g4zytwbLFsFCJyG6N55xu3mtZYJ
ETH: 0x800fe4a5a75af9034f4982c04bdd4b557dca0f3f
BCC/BCH: 1QmchfEizCkLLweNySkAJmBCJ6zEtfkBB