BINANCE:RCNUSD   Ripio Credit Network / US Dollar (calculated by TradingView)
*swing trade opportunity*

Trend reversal observed in the RCN / USD pair. Other bearish signals include the formation of a head & shoulder, rising wedge , & the double top in price action versus the RSI resistance trend line . Close trade at 3 cents.

We also have bearish divergence on the weekly chart:

Trade closed: target reached: Time to go long.
My charts are free to all and only an opinion... please do your own research.

My sources of motivation:

BTC
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Comments

what do you think now with the little spike ?
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@Lndbg, It is overbought for the short term but remains on RSI higher lows support trend (see call out in green below). If you're a trader, the breaking down of that support trend would be a good swing trade opportunity.

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