RDD in a descending channel looking to breakout above .0000066. The channel is consolidating towards the support line at 66. If the Breakout can cross over the two resistance lines then it should move to 144 before stalling. This looks to be a 5 to 8 day move based on the current volume. There has been an increase in buying support in the last 24 hours. if BTC stays stable then this scenario is likely. If you scroll over the target area you can see the estimated gains on a $1,000 investment @ 75. If we fall below 45 then the bottom looks like 10. Favorable tech news on this coin and recent increase in interests show huge potential.
Targets
1) 75 Entry Point
2) 95 Resistance Line
3) 105 Resistance Line
4) 144 Resistance Line take 20% Profit
5) 179 Resistance Line take 55% Profit
6) 194 Resistance Line take 25% Profit
7) 196 Open to Blue Sky Playing with house money
This is a long term trade. Patience is key! Hodl this coin
Targets
1) 75 Entry Point
2) 95 Resistance Line
3) 105 Resistance Line
4) 144 Resistance Line take 20% Profit
5) 179 Resistance Line take 55% Profit
6) 194 Resistance Line take 25% Profit
7) 196 Open to Blue Sky Playing with house money
This is a long term trade. Patience is key! Hodl this coin
Komen:
Patience with this coin. Briefly reached target 1. BTC rally reversed its course. I will update soon.
