RCN , new gemweekly bearish trendline broke and retested , rsi was super oversold and macd goldencross happening , gonna buy small bag and hold for longterm
Rcnbitcoin
RCN/BTC (Test Major Support?)💎Technical Analysis Summary💎
BINANCE: RCNBTC
-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 the long run, to be profitable
-And you can place a pre-defined risk level every trade
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Not Financial Advice
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RCN/BTC (Healthy Pullback?)RCN/BTC
-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 move sideways in the coming weeks
-This will eventually help most Altcoins to recover or break higher
RCNBTCI have been waiting for RCN for a long time to reach this situation. You can enter this trade and gain some profit.
ATTENTION: Targets are for short, medium, and long term!!
Ripio Credit Network $RCN - Swing Trade / long-term investmentAccording 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 this reason and for fundamental reasons I do not recommend a stop loss for this trade. For me RCN is a very good long-term investment.
SwingTrade RCN-BTC:
entry: 0.00000601-0.00000616;
TP1@0.00000818;
TP2@0.00000898, with 5% TTP
no stop loss recommended for this crypto -> accumulate it and hodl/stake it for long-term!
I´m not a financial adviser. For educational purpose only!
✳️ Ripio Credit Network [RCN/BTC] on July 18 (#RCN $RCN #RCNBTC)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
Is it time to enter now? for RCN/BCN ?In my opinion, between 765-770 is ok to enter.
We will see.. (:
RCN weekly Brekaout | Ichimoku bullish Signalprice piercing threw the resistance and pain in trader "hahh moving without noticing fcuk rcn "
well it is in top 5 list of 2019 best investment coin along link.
with bitcoin movement price can touch trend line support 800 - 830 .. good buy here after halving is over if this want to be silent than big update is coming 2x trade possible. fucking manipulation
not for margin trader only spot buying and hold this coin for now around 900 when bitcoin pump and hold for mid term target 1300 , 1500 , 1800
ichimoku analysis. a perfect signal for buying at support
price above cumo cloud and tanken crossing kijun very good signal to . buy around 900 and hold for target 1300 , 1800
RCN Daily chart analysisAfter 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.
RipioCreditNetwork/Bitcoin (July 07) #RCN $RCN #BTC $BTCAccumulate : 215-230
Sellzone : 250-270-350
Stoploss : Under 200
Daily Bullish Signal $RCN #RCN (09 Feb 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Daily Bullish Signal $RCN #RCN RCN/BTC (1-1)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
Destroying credit monopoly. RCN/BTC analyticsBUY: 0,00000327-0,00000336, 0,00000285-0,00000293
SELL: 0.00000650-0.00000667
STOP-LOSS: 0,00000284
Support: 0,00000335
Resistance: 0,00000437
The Ripio Credit Network is a platform based on the ETH blockchain creating for a transparent lending system. The platform will bring together borrowers and lenders from around the world.
By reducing traditional banking, brokerage costs and management fees, the project seeks to provide better conditions for both parties, creating the best credit alternative available today.
By implementing the institution of a mediator (Cosigner), the Ripio Credit Network seeks to neutralize the credit risks of the lender and, in case of default, to provide an alternative mechanism for managing debt collection in the country of residence of the borrower.
On August 14, the minimum asset price was formed at the level of 0.00000255. But in just a couple of months, the token has grown significantly, showing a 240% growth at its peak on October 28. It is noteworthy that this take-off was due to just a few big deals - September 18 and October 27. However, the token did not stay in the portfolios and was sold off. During the November fall, the minimum price was not updated, the rate did not reach the minimum values by 30%. It is worth noting that the asset is distinguished by a high speed of price change, with intra-day volatility in the range of 4-12%. In addition, stable trading volumes are typical for this token.
The first zone of purchase is in the range of 0.00000327-0.00000336. But there is a chance to break through this level and go down to 0.00000285-0.00000293, which we regard as a safe entry point. The support line is at the level of 0.00000335. The first relatively strong resistance lies in the range of 0.00000437. Given the speed of price change, be sure to put the stop-loss at the level of 0.00000284. The first closing price of the deal is at the level of 0.00000650-0.00000667, we sell a part of the asset and observe the price behavior in this zone. The asset is quite risky for intraday trading, but it can be considered as an investment. A well-thought-out scheme and a working application give reason to believe that the project has a future. It is necessary to take into account the risks associated with changes in law and the lack of a developed infrastructure for working with debtors.
RCN : Ripio Credit Network Short Term 30% !!According to Fibbonacci Level Restesting on 0.618 Now We Can Trade For Short Term and MidTerms.
RCN/BTC
Buy 480-510
Sell on 15% & 30% Profits.
Stop Loss 445
I hope that Price can fly From Buying zone.
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