Daily Ladies and Gentlemen today we are looking at Reddcoin’s price action. Starting w/ the daily we see price was recently stuck in a consolidation (0.00000053-0.00000063). April 10th there was a breakout, on the 12th of April price came back retest the consolidation zone for support. A daily close above 0.00000075 and expect like to MOON.
4hour Shifting over to our pattern timeframe we see a bullish pennant forming and getting ready to breakout. A 4hour close above 0.00000075 and RDD will move. Stochastic RSI showing bulls are in control. 2nd entry after clearing 0.00000078.
Hourly *No entries on hourly, higher timeframes analysis only*
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