Panjang
RCN/BTC
I have taken a position in RCN around the 620-630 satoshi range for the following reasons:
1. Price sitting on support - horizontal price support and diagonal support
2. Falling wedge pattern on the 4 hour and daily chart.
3. RSI divergence on the 4 hour and daily chart.
Stop loss will be tight ~ 600 area, but since the rest of the altcoin market is going up, I suspect this will reverse soon. Technically this is a DeFi project (lending), which are all a little cool right now. Not a bad price to get in in my opinion. Not financial advice :)
1. Price sitting on support - horizontal price support and diagonal support
2. Falling wedge pattern on the 4 hour and daily chart.
3. RSI divergence on the 4 hour and daily chart.
Stop loss will be tight ~ 600 area, but since the rest of the altcoin market is going up, I suspect this will reverse soon. Technically this is a DeFi project (lending), which are all a little cool right now. Not a bad price to get in in my opinion. Not financial advice :)
Dagangan aktif
Stop loss was hit, but I think it was a stop hunt (I don't set stop losses on Binance due to this phenomenon). Still closed above 600 sats. RSI is trending up.Dagangan aktif
I Hodl'd like a degenerate through that dip, but if I had learned anything through all my time in crypto, I felt that was a deviation and I added to my position. Reclaimed the trendline.Dagangan aktif
So, I didn't follow my plan and got burned like a pleb.That's ok, I stil see potential here. Reclaim of the trendline. My lines are still intact...for now. I added on this recent dip. I recall RCN having its own cycle previously. I'm banking on that this time around.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.