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...
Hi followers, hope you are doing well, RCN/BTC completed 3 wave corrective structure that stopped on previous support area, Now after formation of higher low and nice flag, we maybe ready to go higher. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my ideas - 👍 Like, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is...
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...
buy between 239-254 sat Forming cup and handle on the daily timeframe It usually pump with #DATA so we can expect massive rally from #RCN in upcoming days. Break of 278 sat should send the price up! make sure to secure profit on time this coin like to scam wicks Stop below 220sat
RCN is tested the major support zone and bounced exactly from there. RCN is a DeFi coin and many new updates are coming. We may see a good move in RCN in the coming days. This is a good setup for buying. Buy Zone: 140-145 Target: 163-170-192-207-220-235-245-258
On a daily candle, it touched almost the bottom and it already taking preparation for a massive move. Soon it will pump hard
ANALYSIS 🔎 - RCNBTC printed a falling wedge pattern. - A falling wedge pattern is a bullish reversal pattern. - Price brokeout above the falling wedge's resistance. - Price action is printing a triangular consolidation pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the triangular pattern's inclined resistance. TARGETS 🎯 - Horizontal...
weekly bearish trendline broke and retested , rsi was super oversold and macd goldencross happening , gonna buy small bag and hold for longterm
This is the long-term chart for RCNBTC (Ripio Credit Network). The last bullish wave went on for 950%, quite huge if you ask me... (This is illustrated on the chart) A new bullish wave will start to take place now that a higher low is forming. This new wave can go for 500% or much, much more. This is a very strong altcoin pair because it remains on higher...
Just recently we looked at Ripio Credit Network (RCNBTC) and its bullish potential, the chart is shared below (Oct. 10): Now, we have an even higher volume for RCNBTC compared to our last analysis, in fact, we have the biggest daily volume since September 2019, this is a strong signal. So we got a breakout signal on the 10-Oct. and today we get another signal...
Today's candle for RCNBTC is showing really high volume, signaling that this current move is the real deal... We can see additional growth. There is bullish divergence on the MACD and a very strong RSI... We have 44% mapped on this chart. Additionally, we see RCNBTC trading above EMA50 (magenta line). Staying above this level would signal additional strength. Namaste.