RCNBTC - A trade opportunity (Risky)

24 Nis 2018

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/?form[date_range]=24/04/2018+-+01/09/2021&form[coin][]=Ripio+Credit+Network+(RCN)&form[sort_by]=&form[submit]=

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.

[B]Note:[/B] 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