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RIPIO CREDIT NETWORK SWING PLAY

Long
BITTREX:RCNBTC   Ripio Credit Network / Bitcoin
$RCN will be launching their platform in 25 days on the 30th. However, its been slowly gaining momentum since February 20th during the bear market.
Bullish divergences were developing during that time, until it bounced back +70% over the course of 7 days. It's retraced since then, but there's plenty more juice left.

-It's had a sharp increase in momentum the past 2 days
-Saucer (cup) developing.
-BB squeeze

I'm not sure price can reach the 0.618 fib, but I'm fairly confident fibs 0.382 and 0.5 can be reached for +44%~74% gains.

Follow me on twitter @asikimart for more charts and general crypto information.

Comments

first target hit already O.O
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