CryptoStation

👑Ripio Credit Network/BTC Analysis (22/1) #RCN $RCN

Long
BINANCE:RCNBTC   None
RCN has being gone sideways for almost a month now and the buying power has returned with 2 flash pumps. We can expect a strong uptrend of RCN in the near future as most mid-cap altcoins have risen a lot.
Investing too much money in RCN is not a good idea and sell orders should be placed at important price zones like 240sts, 350sts because RCN pumps usually are flash pumps
If RCN conquers 350sts, it will escape the downtrend and increase sharply to 500sts and 600sts.

📅NEWS
No News

📈BUY
-Buy: 140-150sts
-Buy: 120-130sts. SL if B

📉SELL
-Sell: 220-240sts. SL if A
-Sell: 330-350sts. SL if A
-Sell: 480-500sts. SL if A
-Sell: 580-600sts. SL if A

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
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