Today I decided to make a buy at almost ground floor.
The chart looks somewhat awful... It has been in a bear maket for 3 1/2 years.
It has recently touched its all time low on 26th July 2021.
The RSI has touched an ATL as well.
However, 2 weeks ago, the historic volatility has been spiking, breaking out of a long, narrowing funnel !
Moreover, listening to King...
Hi followers, hope you are doing well,
RCN/BTC completed 3 wave corrective structure that stopped on previous support area,
Now after formation of higher low and nice flag, we maybe ready to go higher.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is...
* I am in love with this chart.
* Bullish StochRSI cross.
* Bullish 50-100 EMA cross and soon golden cross.
* C & H formation.
* Price is above 200 EMA
* Bullish MACD
* S/R flip has happened. Safest entry here.
* Can pump quickly. Last pump was around %176.
* In the long term, it will high probably hit T3.
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buy between 239-254 sat
Forming cup and handle on the daily timeframe
It usually pump with #DATA so we can expect massive rally from #RCN in upcoming days.
Break of 278 sat should send the price up!
make sure to secure profit on time this coin like to scam wicks
Stop below 220sat
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...
RCN has just conquered the 220sts zone and is ready to move up to 350sts or even 600sts in April.
-Buy: 210-230sts. SL if B
-Buy: 340-360sts if A. SL if B
-Sell: 340-360sts. SL if A
-Sell: 590-610sts. SL if A
-Buy: 145-155sts. SL if B
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RCN is tested the major support zone and bounced exactly from there. RCN is a DeFi coin and many new updates are coming. We may see a good move in RCN in the coming days. This is a good setup for buying.
Buy Zone: 140-145
Breakout Buy Rippio Credit Network The next 3x6 to 10x coin 2021
has formed a bullish breakout triangle
Buy Zone: 0.00000133 - 0.00000170
release of ARS-denominated DeFi Loans
Rcn update recap