This is simply repeating the November 2018 - March 2019 pattern that peaked at 0.00000945. It is the same RSI bullish divergence that led to the Ascending Triangle we are at currently. This in turn led to the final peak. My moderate target is 0.00000650.
Ripio Credit Network (RCN) Overview
RCN is an open global credit network that connects creditors, financial institutions, fintech companies and Decentralized Finance service providers on the blockchain, to create frictionless, transparent and borderless debt markets.
Ripio Credit Network (RCNBTC) Chart Signals
We have Ripio Credit Network, a strong...
Ripio Credit Network (RCNBTC) Continues To Grow... We shared a chart for this altcoin project, for this pair, almost a month ago already... Time does not fly... it seems like forever...
And we can see RCNBTC with over 75% of growth already... See it here:...
Insane activity over the this week for this asset..
Over 100% since UCTS buy signal on the 12H chart
Unfortunatelly I didn't got the time to review it on time...
If you are into this, notice that next target should be ~330sats
Falling below ~260 is a warning
After a long decline, finally broke the resistance. Ahead of us is the first serious resistance, the level of 0.886 fib 210-228 sats. Which is a horizontal stop for buyers, and when approaching it, you should partially fix your positions.
looking good here, flipped resistance into support at ~155sats and now is aiming to make a move
RSI about to reach overbought levels (Bullish)
UCTS Buy signal on almost every TF (green!)
Volume flowing in (+70BTC over the last 24hs in Binance)
Aiming for 200sats(20%)
ABCD down..looking for an E leg and we have broken out of the flag. I believe we are at a floor here.
Ripio is tied to SBI as well as Ripple xCurrent network.
Google SBI R3a Ripio pdf..im sure you will find it in one of their older digital asset reports.
Im in. Been waiting a long time for this price zone!
Oh and Tim Draper is also an investor of this...
If you missed the bottom entry @ 117 (like I did =/) No worries...looks like RCN might find solid support ~183. If it does, it may grow to 261 for at 42% increase.
I'll to be watching sub targets:
Will be watching these sub targets and 2-4H MacD/Histo reversals...
Buy: 0.00000195 BTC
Stop Loss: 0.00000190 BTC
Target: 0.00000217 BTC
Estimated Profit: 11%
This is for my personal record. All trading strategies are used at your own risk.