Buy Range : 0.00002500-2550 Stop Loss : 4h Close below 0.00002386
Target 1 : 0.00003133 Target 2 : 0.00003868
- RLC got a lot of potential. This coin has been doing very well in last altseason having a good performance. If we look at the prices, i think have much upside and we can take some advantage of it - Firstly, price action has broken MA20 in 4h and is looking to find some support here. Indicators suggest more upswing
In daily timeframes we can see how price has broken my yellow moving average with a good volume supporting this move. Indicators was totally oversold and the buy pressure made it bounce.
In short-term price is trying to hold and find support, making the price going down which is a perfect moment for a dip. This movement could carry price to 2500 sats. So, you can put different buy entries to have a good average
Risk/Reward is around 6.70 which makes attractive this trade.
Just wish you good luck and remember use correctly your funds !