RDDUSD - All time new HIGHS possible
Summary:
RDD coin has been in correction every since it made new highs in Jan 2018. Looks like the correction is complete and price is making higher highs.
Correction Analysis:
Elliot wave analysis show the bottom is in and Volume and MACD supports this argument.
Potential Targets:
If volume continues to flow in, we could potentially see price making All time new highs soon. I will update the targets after i see wave once formation complete to the upside
Volume Hints:
Volume has been flowing in from the lows at 0.004 level. The last time we had seen this kind of volume is in the initial stages of big moves in Dec 2017
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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.