SUMMARY
ReddCoin (RDD) is setup! A Red HOT Bullish SETUP! After placing five impulse waves, RDD/USD is nearing the completion of its correction and Cup pattern. Now, the handle is next, most likely. If so, this could coincide with wave 2 and so a good time to ladder in!
Here is the RDD/BTC pair...this is a VERY BULLISH setup! The price is at the Apex (the point at which the two lines of the triangle intersect) and it's ready to POP!!
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**