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RCNBTC a short contraction
RCN is a strong coin moreover there is a formed uptrend for about a month. There was a little contraction which is confirmed by bb contraction. Indicators are bullish: Momentum (10), EMA and SMA. Moreover fundamental analysis is also great: RCN launches Ripio engine to bring blockchain and smart contracts to loans. It is a great opportunity to buy this coin at dip. However market falls and it is a risky trade opportunity
Trade ativo
There was reversed H&S pattern in the previous analysis which has transformed to a larger scale pattern. Technical indicators show a high probability of finishing this pattern. When it happens the price will enter Ichimoku cloud and break the resistance, hence it will reach our targets.
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Aviso legal
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Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.