Long
RCN Trend Reversal
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 would appreciate some FA to back up my analysis.
It is quite a low risk play imo.
Comments are welcome :)
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 would appreciate some FA to back up my analysis.
It is quite a low risk play imo.
Comments are welcome :)
Ordre annulé
Next support level at 118 sats.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.