MoneyChartz

RCNBTC - A trade opportunity (Risky)

شراء
BINANCE:RCNBTC   None
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_...

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.

Note: 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

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.