$RDD, Sipping You…

9 באוק׳ 2018

Weekly
Looking at our trend timeframe we see price has found resistance at 80 satoshis, stochastic rsi showing momentum was in favor of bulls. Waiting for our weekly candle to close to confirm our lower high, expecting a lower low near 20 satoshis.


Daily
Shifting over to our pattern timeframe we see price making its way towards our dynamic and horizontal support at 50 satoshis. Stochastic RSI showing momentum in favor of bears with no signs of reversal. A daily close above 60 and expect a push towards 75, however a daily close below 50 and expect a sell off towards 35.