Summary:
RDD coin has been consolidating for quite sometime now, and is not turned bullish since last few weeks. The recent swing up could be counted as start of wave 3 of EW and the target looks very good based on this swing coming off of 50% fib zone of previous swing. There is a potential CUP& Handle pattern formation chance once the price reached target 1 zone i.e around 120 whose targets will go beyond 200ish sats. Will keep an eye on this move and update my targets based on this swing high.
If you like my analysis please upvote, follow and Resteem this post, You can also follow me on twitter to get instant updates @tradewithtechie
Disclaimer:
I am not a financial advisor, nor the information posted in this article is a financial advice. The information in this article is my personal opinion and is not recommended to make any investment transactions based on it. I do not take any responsibility for the investments made based on my analysis.
