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...
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...
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...
In my opinion, between 765-770 is ok to enter. We will see.. (:
Looks like an simple trade to me. Great strength and overall backed by the trend where crypto lending products are pumping. The structure is very bullish and we could see Ripio follow Aave which has just had a strong pop. Despite the massive volatility it has held very well and it is creeping up. These trends usually end with a strong rally and don't just die...
After a huge uptrend and a mega pump, RCN has been slowly melting for some time, but now it has reclaimed the 6h Ichimoku Cloud after a TK cross, which is quite a bullish sign, expecting an upward move in the coming days. Entry: 0.00000643 Target 1: 0.00000690 Target 2: 0.00000759 SL: 0.00000619 CryptoCue is not providing investment advice and is not taking...
Currently in an ascending channel. I have provided the mirror support zone and the optimal buy zone, if this trendline collapses. A few bump and runs can be observed, also a pump and dump. Price is currently trading along the 1 fib level. MACD is also rising which is a promising sign. 4Hr chart.
A Nice Buy Opportunity Apr-Jul 2020, But Also a nice short opportunity.
ABCD down..looking for an E leg and we have broken out of the flag. I believe we are at a floor here. Ripio is tied to SBI as well as Ripple xCurrent network. :) Google SBI R3a Ripio pdf..im sure you will find it in one of their older digital asset reports. Im in. Been waiting a long time for this price zone! Oh and Tim Draper is also an investor of this...
Accumulate : 215-230 Sellzone : 250-270-350 Stoploss : Under 200
During basic trading exercises, on patterns identification, I found a symmetrical triangle in RCNBTC Huboi, from May 27th 21:30 to June 1th 20:00. On the chart I drew the base from the peak to the base and the height of the triangle to the breakout point. Volatility and volume decreases with time.
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
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
BUY: 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,...
Well it was a nice pump that honestly i didn't catch it up. 109% is amazing number in bear market tho. Really. Despite regretting what happened, let's take a look towards the future forecast and hope that the gains be with us this time on RCN. I'm shocked that this is the first time that I have research on RCN, because it has many exchanges listing them actually....
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#RCN (RCN/BTC) Buy : 390-400 Flash Sell : 420 Short Sell : 440 Long Sell : 450-500-550-600-650 Stop : 340 Follow me for more signals daily
#RCN (RCN/BTC) Buy : 425 Flash Sell : 450 Short Sell : 480 Long Sell : 500-550-600-650-700 Stop : 380 Follow me for more signals daily Inbox me if you need help or learn to trade