Wednesday’s gains helped the RDD/BTC pair to break above the daily Ichimoku Cloud. Even though the gains were followed by a pullback, based on the Ichimoku strategy, the pullback could actually be a good time to buy.
The medium-term gains could be capped by the 38% Fibonacci resistance of 0.0000062.
Now I’d like to hear from you and your thoughts on RDD. Also, make your purchases proportionate to your risk tolerance. Once you’ve subscribed here, reply to the email you receive from me and let me know if you’ll ever consider using Reddcoin on social media. Also, tell me whether you think it’s a good coin to invest in. If you want to calculate your risk tolerance, head over to this MasterClass.
Source: fxstreet
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