RCNBTC (RIPIO CREDIT NETWORK) - DAILY ANALYSIS

ANALYSIS 🔎
- RCNBTC printed a falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- Price brokeout above the falling wedge's resistance.
- Price action is printing a triangular consolidation pattern.
- There's a breakout potential.

BUY ENTRY ⬆️
- Breakout above the triangular pattern's inclined resistance.

TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Horizontal resistance level (R4).

SETUP INVALIDATION ❌
- Breakdown below the triangular pattern's inclined support.