Rcn short trade -low risk high reward set up1. Three candle reversal pattern
2. Price into support/resistance zone
3. Stochastic momentum indicator curving up
4. Entry above 1262 only with a sl of 1220
Ripio
RIPIO CREDIT NETWORK (RCN/BTC): Looking for new highsRCN is trying to break the 3.6-3.7k zone in order to face new highs. Buy if it crosses 3.75k. We set the first target at 5.3k.
Ripio (RCN) - Sleeping giant? Very strong during correction.Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, many thanks for following and liking my ideas. I have had some very busy days, so I didn't post new ideas past days. I'll be more active from now again and I'll also provide you with some (penny)stocks and currency. But for the most part I will focus on cryptocurrency.
What we saw was a great correction in the most crypto's past days. A coin that didn't correct is Ripio Credit Network.This is a very strong signal and it strengthens me in my thought that I am right about the potential of this coin. I really like their ideas, and RCN will go live in April, so I expect a continuation of the uptrend coming months. I have this coin in my long-term portfolio and I wanted to inform my followers about this.
Bullish signals:
- Didn't correct during correction of almost all crypto.
- Trading channel
Buy: Now or at the bottom of the trend channel.
Sell: Hold or sell partially at the top of the channel.
Good luck!
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
$RCN Ripio Credit Network - mid term opportunity$RCN got my attention already in December, but then I saw a better opportunity in ETHLEND, which is similar but already having a working product.
Ripio Credit Network works in P2P Lending, and the product will be released somewhere in April. Smart team, good praises from the industry.
ETHLEND confirmed my invest in it, went already almost 10 times, and I still keep it for long term.
However now I feel it is time for RCNBTC to shine more, even if we have some time until April, I bought a small $RCN bag today.
Looking at the chart, I see some bullish signs in there, which definitely need to be confirmed, however this are good price levels to buy.
Enjoy!
Thanks for your likes, follows and kind comment!
follow me on twitter as well for more updates.
RCN reversal incoming!RCN could see further growth from this point! At a decent level to enter with low down-side! MACD looks like crossing soon!
Promising coin, Promising opportunity SOON. RIPIO CREDIT NETWORKRipio credit network formed a large base during severals months. It woke up and already broke the trend line. After the consolidation which is happening now, this coin could multiply its value.
Why this coin interest me?
1st : The project behind is very promising. Indeed, a decentralised place where people can lend and borrow money with smarts contracts. Looks like a decentralised bank between people.
2nd : This coin gains interest from investors. Volumes are growing each day and people talking about this coin on forums are very enthusiastic.
3rd : The chart is also relevant. Large base, first breakout, are signs of future growth. Triangle is also forming and near to breakout.
4th : 2018 is a key year for RPN. April 2018 RCN goes live. We can consider ourselves as precursors.
ADD THIS ONE ON YOUR LIST. COULD EXPLODE VERY SOON.
Medici Ventures invests in Latin American bitcoin startup RipioOverstock.com’s blockchain subsidiary announces participation in Ripio’s Series A financing
SALT LAKE CITY , April 26, 2017 (GLOBE NEWSWIRE) -- Medici Ventures, a global leader in advancing blockchain technology, has added bitcoin consumer financial service platform Ripio to its portfolio of strategic blockchain-focused investments through participation in Ripio’s Series A financing. In addition to Medici Ventures’ equity position, the blockchain-focused subsidiary of US e-commerce pioneer Overstock.com will take an observer’s seat in Ripio’s board of directors meetings.