A_Cryptastic_Mind

RLCBTC - Break-out moment of truth (>+100% potential)

BITFINEX:RLCBTC   iExec / Bitcoin
On @Alexander_AG 's request, quick post about RLCBTC:

--> Classic triangle formation. Up or out. Bulls are in favour here. We are in a downward trend channel, close to be broken.
--> Bullish cross in the MACD
--> You can see what happened at previous bullish crosses (very positive signals) and at death crosses.
--> Bullish "SMI" typically a little bit before the break-out.
--> Note that this is a stock with considerable pumping & dumping, likely due to the low market cap (see the outliers, there are a lot :-) )
-->CCI oversold, trend upward ( bullish )


--> Divergence in Cumulative volume index versus price ( bullish here)




Seems like a trade with the bulls in favour of your odds. Definitely 100%+ potential if break-out upwards, given history of this crypto. Trade wisely, use stop losses if necessary.


Feel free to follow on twitter (see bio)

DYOR – this is not investment advice :-)
Many thanks for TA.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out