Rcnbtclong
RCN , new gemweekly bearish trendline broke and retested , rsi was super oversold and macd goldencross happening , gonna buy small bag and hold for longterm
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
RCNBTCsup guys, today i'm posting a very classic hvf pattern, you can notice easily up legs are way faster (time) then down legs, meaning the coin likes to explode
it is also sitting nicely on fib levels
make entry only once 610 mark gets broken.
take profits at 650, 722, 764
i'm quite positive we hit all targets within 2-3 days at most.
risk takers can early enter right now and set SL about 1-2% below bottom channel level (530) but its not really recommended for everyone.
if everything works well that's about 40% profit ;-)
good luck!
