$RAD is up 19.47% on the week and 34.33% on the month, and today it's only +1.3%. that doesn't look like a move that's out of air.
against BTC it's ahead by 21.7 points on 7d and 26.1 points on 30d. a coin drifting up with the tide doesn't lead by that much.
volume is the part i'd watch. the last 5 days ran 4.57x the 20 days before them, and daily RSI is 61, so it's warm but not hot. the screener scored it 9 out of 14. that's a decent read, not a guarantee.
$RAD trades at $0.312 right now. if it holds the 24h low of $0.3, i think it goes back at the $0.412 high, which is 31.6% away. if it loses $0.286, yesterday's low, i'm wrong on this and there's nothing to defend. if you're long, that's an 8.6% drop and the trend is gone.
holding $0.3 or losing it?
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against BTC it's ahead by 21.7 points on 7d and 26.1 points on 30d. a coin drifting up with the tide doesn't lead by that much.
volume is the part i'd watch. the last 5 days ran 4.57x the 20 days before them, and daily RSI is 61, so it's warm but not hot. the screener scored it 9 out of 14. that's a decent read, not a guarantee.
$RAD trades at $0.312 right now. if it holds the 24h low of $0.3, i think it goes back at the $0.412 high, which is 31.6% away. if it loses $0.286, yesterday's low, i'm wrong on this and there's nothing to defend. if you're long, that's an 8.6% drop and the trend is gone.
holding $0.3 or losing it?
follow me for more calls like this.