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RCN - Bullish reversal pennant pattern

This is what I see for Ripio Credit Network (see also my latest post on RCN): a bullish reversal pennant pattern.
Price is soon to break out of the simmetrical triangle forming under the flagpole that corresponds to the recent panic sell-off (Binance delisting and other delistings).
OBV on balance volume, after making a deep all time low, is ticking up strong and steady.
This is a high risk play - but I felt enough confident to build up a heavy position in RCN.
Go big or go home.
Price is soon to break out of the simmetrical triangle forming under the flagpole that corresponds to the recent panic sell-off (Binance delisting and other delistings).
OBV on balance volume, after making a deep all time low, is ticking up strong and steady.
This is a high risk play - but I felt enough confident to build up a heavy position in RCN.
Go big or go home.
Not
HOLY COW !! IT HAPPENED 1 MINUTE AFTER MY POST !!
BIG BREAK OUT AND UP 60% !!
Not
Was only a temporary spkike .... more time will be necessary for a break out.İşlem aktif
RCN broke down from the symmetrical triangle !!However I think that this is a FALSE breakdown.... this is even more bullish IF it plays out !!
RCN has very low liquidity ! This is still a very high risk play !!
But I am willing to take it !
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.