[RCNBTC](596%) Ripio Credit Network Full Trade

Alan Masters
August 24, 2019
[mcrypto id="29363"][/mcrypto]

Ripio Credit Network (RCN) Overview

RCN is an open global credit network that connects creditors, financial institutions, fintech companies and Decentralized Finance service providers on the blockchain, to create frictionless, transparent and borderless debt markets.


Ripio Credit Network (RCNBTC) Chart Signals

We have Ripio Credit Network, a strong cryptocurrency project, for a long-term trade. Let's take a look at the chart, we will look at our classic signals for bottomed out altcoins:

  • Here we have the classic bullish divergence on the MACD (purple arrows).
  • A low was hit on the 16-July. While prices continued to decrease, bear volume also decreased and the low was never re-tested. Now we see RCNBTC trading above EMA10 and market sentiment changing towards the bulls.
  • MACD bullish crossover.
  • Bullish RSI.
  • We can also see a broken downtrend and falling wedge: https://www.tradingview.com/x/cH4fbRmG/

Let's continue with the trade.


Ripio Credit Network (RCNBTC) Trade

Buy-in: 0.00000140 - 0.00000160

Next support: 0.00000115 - 0.00000130


(1) 0.00000205 -Reached 18-Sept. (+32%)
(2) 0.00000260 -Reached 20-Sept. (+68%)
(3) 0.00000295 -Reached 21-Sept. (+90%)
(4) 0.00000345 -Reached 21-Sept. (+122%)
(5) 0.00000430 -Reached 23-Sept. (+177%)
(6) 0.00000485 -Reached 24-Sept. (+212%)
(7) 0.00000570 -Reached 26-Sept. (+267%)
(8) 0.00000635 -Reached 22-Oct. (+309%)
(9) 0.00000715 |Hit 1-Dec. (+361%)
(10) 0.00000940 |Hit 1-Dec. (+506%)
(*)  0.00000967 |Hit 1-Dec. (+524%)
(11) 0.00001080

Profits potential: 596%
(Buy calculated at 0.00000155)

Stop-loss: Close weekly below 0.00000100.

Capital allocation: <10%.



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First you take action.

And then you trust.