Just recently we looked at Ripio Credit Network (RCNBTC) and its bullish potential, the chart is shared below (Oct. 10):
Now, we have an even higher volume for RCNBTC compared to our last analysis, in fact, we have the biggest daily volume since September 2019, this...
Today's candle for RCNBTC is showing really high volume, signaling that this current move is the real deal... We can see additional growth.
There is bullish divergence on the MACD and a very strong RSI... We have 44% mapped on this chart.
Additionally, we see RCNBTC trading above EMA50 (magenta line).
Staying above this level would signal additional strength.
Achat vers 340 satoshi
- Falling wedge
- Divergence RSI
- Coin très volatile
RCN est une monnaie reccomandée par Teeka de Palm Beach. Les monnaies qu'il sélectionne ont de très bon fondamentaux. RCN est une des alts qui a pump la première, même quand toutes les autres tombaient.
La elle a très bien retracée et à l'air d'être retombée vers un support. On...
💎Technical Analysis Summary💎
-Ripio Credit Network is approaching major support area
-This zone is a confluence of previous multiple support
-If you want to buy this crypto coin
-Be patient and wait for the price touches key areas
-Also, wait for proper confirmation like reversal patterns, RSI divergence, etc.
-Because this will help you, in...
RCNBTC recently broke out of downtrend and is now trying to establish clear resumption from recent falls.
Stochastic RSI near 25.
RSI in grow move.
Price one more time uses MA 25 as trend line support.
First target 700 sat, next 830 sat. Be careful when price drops down below 570! Moving on 600 sat should be a confirmation of resumption.
-The trendline resistance is broken last August 13
-The price today is pulling back to 600 sat area
-Which is a previous resistance turned support
-This pullback is healthy provided 600 sat will hold
-If it manages to keep alive in the new few days
-Chances of continuing higher are possible
-Potential may reach up to 950 sat area
-We all wish Bitcoin to...
According to Elliott wave analysis RCN is in an ABC correction and according to the Squeeze Momentum indicator and Wave Trend Oscillator (@ 3D TF) wave B will start soon.
Wave B can be traded as counter-trade inside the ABC correction. It looks like that this ABC correction is a wave 2 on a higher TF and wave 3 will start after the C wave finds its bottom. For...
Una gran divergencia alcista se ha ido formando en BINANCE:RCNBTC , rebotando repetidamente del mismo soporte varias veces, mientras que el RSI sigue subiendo. Gracias a que el soporte esta tan cerca tenemos la oportunidad de poner un buen SL.
Objetivo 1: 0.00000730
Objetivo 2: 0.00000796
Objetivo 3: 0.00000860
RCN has dropped by nearly 50% from the peak of 12xx sts and now is the time to be able to buy back at a low risk.
Consider buying around 600-650sts and have a sell order around 950-1000sts because I think RCN will have a lot of beards on this area.
I will not think of higher prices for the moment
I have taken a position in RCN around the 620-630 satoshi range for the following reasons:
1. Price sitting on support - horizontal price support and diagonal support
2. Falling wedge pattern on the 4 hour and daily chart.
3. RSI divergence on the 4 hour and daily chart.
Stop loss will be tight ~ 600 area, but since the rest of the altcoin market is going up, I...