RCNBTC - Hyperspeed escalator upwards real soon!This is not financial advice!
RCNBTC has been forming a bit of a cup and handle over the last few months and now coming off the handle were seeing a ascending triangle thats looking bullish!
I expect to see a 2x bounce off the triangle prior to breakout which could be within the next 24-48 hours. This is broad i know, but it should be around May the 4th.
The MACD is showing a bullish crossover - all be it being weak for the time of this TA, but i expect this to strengthen prior to breakout.
Moving onto the RSI we can see a clear uptrend that i hope to see hold.
First target after breakout is between Fib 1977 and 2299.
Thanks for taking a look at this!
RCN
RCNBTC - A trade opportunity (Risky)Hello Folks,
Since I do not have much time, lets get to the trade directly.
We seem to have a nice trade opportunity with RCN (Rapio Credit Netwrok) here, which can be pretty risky given that we do not know the movement of BTC.
Here in the chart I see RCN is trying to form a cup & handle formation.
RCN platform goes live on 30th April 2018 :
coinmarketcal.com
This news is enough to drive the price up.
Current price is 1664 Sats.
Wait for a retrace for a better entry price.
Lets ride this coin till 2256 or whenever you feel comfortable till.
I have marked some resistance levels in blue, and some support levels in red. Please trade accordingly.
Note: Since this is a risky trade, make sure you put a very tight stop-loss for this. 2% is what I would recommend.
If you don't feel good, you can skip this trade. We will have some more trading opportunities very soon.
Good luck!
Happy Trading
RCN-BTC main net launch soon and moon.Hello friends, welcome to this analysis on RCN.
This analysis will be mostly based on fundamentals, RCN has their main net launch at 30th of April.
We could see most of the coins moon shot before their main net launch, but remember we wanna buy the hype and sell the news. we wanna be smart money! so basically we wanna sell before 1 day before 30th of April.
As you can see it in one hour chart it has made a rounding bottom and sitting on a support at 1660 sats. it can be a good buy point with a stop loss below the support line. Above us, we have 2 resistants at 1900 and 2150 sats that you can take profits at those resistants. The box area is going to be a heavy resistant zone duo to it having a lot of bag holders I assume, so play it carefully there if we managed to get to that zone.
Also, we can see that the 50 days ema has turned to the upside and wants to cross the 100 days ema which is a bullish sign and the cross on the MACD makes me believe that we have the potential to reach the all-time high area and make a huge cup, but its too early to confirm that!
good luck trading ;).
RCN long & short term we will buy at 0.000015 or less
for short term:
sell 0.000018 to 0.000020
for long term :
sell at 0.000035
RCN - Ripio Credit Network - Ready to Move Up!!Double bullish divergence found
MACD turned point north
RCN looks ready to move up
My RCN trading plan on Binance:
Buy up to 1650
Target 1: 1815 10% profit
Target 2: 1990 20% profit
Stop Loss : 1400
Rating : 3 stars out of 5
Volume 448 btc
RCN/BTCFound this guy running green numbers on Binance. Ran a chart today, and this is what I have come up with. Looks like we are going into Wave 5. Replicated Wave 1 length due to extended Wave 3. So far, this are looking good. Keep a close eye for later retracement. Quick ROI with a bit put in.
Target 5 to reach 1676-1725
RCN/BNB piar Base play strategyBuy: 694
Sell: 739
Potential Profit: 6.48%
Details
Bases respected
21/24
Success rate
87.50%
90% respected in
1.54d
Base Play Strategy
EXAMPLE
RCN on Bittrex base play. 5.53% potential profitRCN on Bittrex
Buy 1099
Sell 1159
Potential profit 5.53%
RCNBTC SignalsHey guys ! whats up? I hope u r fine so lets trade RCN it has a very nice bullish breakout and i believe it has very good upward potential follow the blue lines for entry and sell strong at target have money management, thanks for looking into it have a nice day !
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
Profit Delivery Just for you!Here we have a coin at early stages of a breakout you see the aroon has just made the cross along with the 20ema crossing the 50ema.
This coin I have been watching over the past couple of hours with a steady volume increase.
You can see over the past 4 days we have had a massive momentum build up ready to break out now we are seeing the volume which supports the move.
We don't expect all targets in a short period but based off past history this coin can move quite well.
Targets are in green, when the first 4H candles closes over a target move up your stop loss to below, be cautious when buying as this is low volume it will have retraces make sure you jump to 30 minute charts and buy the retraces.
Its listed on Bittrex and Binance so enjoy!
Cash Is King
RCN looking like a great buy!As you can see RCN has formed a triple bottom which should have it reverse into bullish shortly. Not to mention the fundamentals of this coin is great and has been listed to Bitfinex as a USDT trading pair which basically means it's open for accumulation as you can see by long candle wicks.
RCN [RCNBTC] Ripio Credit NetworkRCN Moving in Flag.
Added to Bitfinex today.
My entry will be:
0.00002760
Flag textbook target:
0.00006379
Base targets:
0.00004300
0.00005288
0.00006379
Use Money management, sell on each targets 30-50% of RCN
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/ETH Con't. - Pre-Pennant Pole Analysis. Double double tops.As always, ongoing learning!
In going over the RCNETH pair, I scanned before the flag to see if there were signs showing potential movement upwards before the flag.
I found what looks to be a double top along with a crossing above the signal line to indicate upwards movement.
Within the pennant itself, it seems that there is what looks like a double top as well, leading me to wonder how often a double top turns into a pole or pennant.
Perhaps a double bottom can turn into a bear flag or pennant?
RCN/BNB Long Showing uptrend possible sqeeze.This coin has been following this long term trend. It has also has a long term resistance. Soon the trend line and the line of resistance will cross.
This is a pattern that I personally look for in a crypto swing trade.
Good Luck
Wealthy
RCN buy opportunity, hitting bottom of the channel.As for TA check out my idea in the chart.
Some FA: RCN is a great project in my opinion, it can x2 in the near future (couple of weeks) and x10 at least (depends on market cap / btc and more...) by April (Full launch)
At 15 / 16 jan, there's "news" to be released. RCN promised to release their beta by the end of the month. my prediction that at 15 / 16 they'll announce the beta platform release.
Please do your own research before investing!
$RCN Ripio Credit Network - mid term opportunity$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.