This is what I see for Ripio Credit Network (see also my latest post on RCN): a bullish reversal pennant pattern. Price is soon to break out of the simmetrical triangle forming under the flagpole that corresponds to the recent panic sell-off (Binance delisting and other delistings). OBV on balance volume, after making a deep all time low, is ticking up strong...
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 🙏 If you like my ideas - 👍 Like, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is...
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 -Buy: 210-230sts. SL if B -Buy: 340-360sts if A. SL if B 📉SELL -Sell: 340-360sts. SL if A -Sell: 590-610sts. SL if A ♻️BACK-UP -Buy: 145-155sts. SL if B ❓Details 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 Target: 163-170-192-207-220-235-245-258
ANALYSIS 🔎 - RCNBTC printed a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price action is printing a triangular consolidation pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the triangular pattern's inclined resistance. TARGETS 🎯 - Horizontal...
RCN is shaping up for a huge breakout on btc pairing. Volume rapidly building after a clear pump earlier got rejected into a retrace. this is prime launch material here. RSI has loads and headroom and momentum indicators are all very strong. I expect massive headroom from here out as alt season develops fully
RCN BREAKS DOWNTREND UP AND TO THE MOON ??💰💵💸
This is the long-term chart for RCNBTC (Ripio Credit Network). The last bullish wave went on for 950%, quite huge if you ask me... (This is illustrated on the chart) A new bullish wave will start to take place now that a higher low is forming. This new wave can go for 500% or much, much more. This is a very strong altcoin pair because it remains on higher...