RCN / BTC (WEEKLY) We clearly see a double bottom pattern has formed off the weekly chart of Ripio Credit Network, which after a long down trend it surely indicate a reversal. Now it has broken up a past resistance that I wish to see it tested as a support to validate it around 280 sats. I believe it has a big room to grow, I still am analyzing based on TA and would appreciate some FA to back up my analysis. It is quite a low risk play imo. Comments are welcome :)
@khoa.eur,
Not valid for now mate.
I am looking for it to sink to the next support area because it did not hold support at 279 sats.
Next support is at 118 sats.