These two coins, I feel pretty good about, their trends are similar
After a volume increase at the bottom of the daily chart, it has been consolidating for 5 days, very strong. Generally, if there’s no result within 10 days, it won’t drop further, indicating it will rise. This is what a scam teacher taught me during a live broadcast at the beginning of 2023, saying it’s a pattern that is rare to find, called a single positive indicator.
Two large bullish candles with increased volume: This indicates that the main force has absorbed all the sell orders above. After the increase, it has been consolidating with reduced volume for the fifth day, and the purpose of the consolidation is to let the indecisive exit. The reduced volume indicates that the main force is not participating in the sell-off but has absorbed all the sales.
Looking at the weekly chart of rdnt, it’s definitely huge volume, absolutely not retail buying power.
My previous impression of these two coins was that mkr rises like a bulldozer, while rdnt is like premature ejaculation, just a little movement and it quickly breaks new lows. Now it seems to be performing quite well, worth paying attention to.
The area near the previous high is a good position; surprisingly, it didn’t drop last night, very strong, continuing to observe 👀
