Hey fellow Steemers, here's another quick technical analysis pattern that I'm seeing. This time it's ReddCoin reversing trends. Take a quick look at the below, you'll see that the price action is shying away from the black support line. Notice that the 50 day SMA (Simple moving average) has already intersected the price action and will very soon crisscross the 100 SMA. In my humble opinion this might be a great time to buy in but of course do some due diligence and arrive at your own conclusions.
Best of luck.
