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RCNBTC

RCN/BTC analytics updateBUY: 0.00007000 - 0.00007200 SELL: 0.00011100 - 0.00011200 STOP-LOSS: Support: Resistance: We update the idea of November 28 due to the fact that the probability of opening a deal at a previously specified price is reduced. Despite the big amplitude and speed of price change, we increase the level of the entry point. We buy a part of the asset in the range of 0.00000400 - 0.00000408, another part at 0.00000360 - 0.00000367. We'll sell part of the asset in the range of 0.00000650 - 0.00000667 and observing the further price movement.
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by ZOGRAS
Destroying credit monopoly. RCN/BTC analyticsBUY: 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, brokerage costs and management fees, the project seeks to provide better conditions for both parties, creating the best credit alternative available today. By implementing the institution of a mediator (Cosigner), the Ripio Credit Network seeks to neutralize the credit risks of the lender and, in case of default, to provide an alternative mechanism for managing debt collection in the country of residence of the borrower. On August 14, the minimum asset price was formed at the level of 0.00000255. But in just a couple of months, the token has grown significantly, showing a 240% growth at its peak on October 28. It is noteworthy that this take-off was due to just a few big deals - September 18 and October 27. However, the token did not stay in the portfolios and was sold off. During the November fall, the minimum price was not updated, the rate did not reach the minimum values by 30%. It is worth noting that the asset is distinguished by a high speed of price change, with intra-day volatility in the range of 4-12%. In addition, stable trading volumes are typical for this token. The first zone of purchase is in the range of 0.00000327-0.00000336. But there is a chance to break through this level and go down to 0.00000285-0.00000293, which we regard as a safe entry point. The support line is at the level of 0.00000335. The first relatively strong resistance lies in the range of 0.00000437. Given the speed of price change, be sure to put the stop-loss at the level of 0.00000284. The first closing price of the deal is at the level of 0.00000650-0.00000667, we sell a part of the asset and observe the price behavior in this zone. The asset is quite risky for intraday trading, but it can be considered as an investment. A well-thought-out scheme and a working application give reason to believe that the project has a future. It is necessary to take into account the risks associated with changes in law and the lack of a developed infrastructure for working with debtors.
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by ZOGRAS
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Ripio Credit Network $RCN, An Ideal After Party Entry Idea!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. Name a few: Binance, Bittrex, Upbit, OKEx, Huobi, and few others. I be like, damn, I should read a lot more towards certain project and allocate more time in researching potential project like this one. Well, let's talk about fundamental. RCN has 1 billion total supply and half of them are on the circulating. Which with only $15 millions marketcap RCN ranked as #279 on coinmarketcap at the current moment. RCN's project topic is on financial matter, which the RCN protocol connects lenders and borrowers all over the world in any currency through RCN tokens. I have checking on their GitHub and i know they lack on participants here, but then i checked the roadmap. Something is catching my attention: ERC939? What? Hmm this is interesting, are they trying to leave Ethereum network? Well, it's not a surprise lately. I've read and found lots of tokens moving out from ERC-20 protocol standart because of a certain problem. Which Nowadays, some already successfully developing and swap to their own network, for example TRX and AION. I think it will be great for them as long as they can keep the project alive, because, you know, it need a lot of hardwork to do so. Judging from the technical side to get the short term idea of this chart that i see after party, the price action need to chill down a bit along with the RSI. It's quite healthy at the moment. As I spot on 409 sats can be juicy entry based on few candles back. Right now it's @ 470 sats. The second entry will at range 288 - 254 sats, which I think this unlikely to happen as long as BTC movement above $6200. Well, let's see. The short term target are 602 sats and if we could gain the mass back, we'll be lucky enough to get back to 817 sats at this bear market. ************************************************************************* If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
RLong
by blockchaindedi
[RCNBTC] Ripio Credit Network Breaks UP [300% - 650% PP]Ripio Credit Network (RCNBTC) on Binance is Starting to move. Here are some of the strong signals we are getting on the weekly time frame: - Bullish crossover on the weekly MACD. - Biggest volume ever. - Strong move up after four weeks of flat price. - Get ready for additional bullish action in the days and weeks ahead. Trade instructions for Ripio Credit Network (RCNBTC) by Alan Masters Buy in: Up to 480 RCNBTC Targets by Alan Masters Trades (1) 659 (2) 908 (3) 1110 (4) 1312 (5) 1599 (6) 1965 (7) 2369 (8) 3022 Stop loss: Close below 342 on the weekly time frame. PATIENCE. I HAVE PLENTY OF IT! Patience is always key. It is key now, as it was key before. It doesn't matter what is happening, if the market is moving fast or slow. If the market is bullish or bearish, that doesn't change... The fact that we need patience, if we want to make money while we trade. Namaste.
RLong
by AlanSantana
24
RCN parrallel channel bottom bounce Isn't it beautiful? =) You can see it so clear that it can't be true, yet it is. RCN even ignores some of BTC moves to stay within this channel and that is a good sign. It looks like the price is has bounced and now going up again. Just follow the main support and resistance lines (and keep in mind that they indicate areas). Targets are each of these lines. Once broken it becomes support where you may buy more. Just don't forget your stop-losses. The King is showing signs of revival but we should never forget that nothing is certain with Bitcoin. Keep your SLs at the right places to minimize your losses. P.S. This is my trading idea that I want to remember and see if it works out, not a financial advice. Trade on your own risk! P.P.S. Entered the trade at 294 and while was writing it went to 314. I bet its not the end =)
RLong
by WiseAnalyze
Ripio Credit Network (RCN) VIP Trade (238% Earnings Potential)We are positioning ourselves early, just like we did back in late March/early April, to profit the most from the next up wave. Ripio Credit Network (RCN) is our next trade. This one has an active project and active development team. Let's start right away by looking at the chart and later the instructions to trade this coin long term. Ripio Credit Network (RCNBTC) Long Trade by Alan Masters TRADE INSTRUCTIONS Buy in: Up to 860 Ripio Credit Network (RCN) Targets by Alan Masters: (1) 967 (2) 1100 (3) 1390 (4) 1690 (5) 2012 (6) 2333 (7) 2791 (8) 3371 Next support: (1) 735 (2) 650 (3) 615 Stop loss: Set your own. Since we are close to the bottom, you can choose your own risk level. It can be 10%, 15%, etc. You also have the next support level where you can choose to set a buy order and wait for it to fill. Capital allocation: 3% INSTANT GRATIFICATION Go for a walk on the day of your choice. Take a nap, without thinking about the time. Have a nice break and later fast. Go out to the beach, to a party or take a flight. Instant gratification for your self needs is what you can get. When you decide to focus on your thoughts and breath deeply, consciously, every single day. Namaste.
RLong
by AlanSantana
17
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!
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by JeskoTrading
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
RLong
by MoneyChartz