SpartaBTC

RLC/BTC Local work Breakdown of wedge resistance. Reversal area

SpartaBTC Updated   
BINANCE:RLCBTC   iExec RLC / Bitcoin
I have been accompanying the movement of this coin since the beginning of the inception of the last uptrend (pump more than + 400%). Also the entire downward movement of the subsequent trend. Under the description of the idea, I secured all the trading ideas for this coin published on this resource for open access in which I accompanied the price from the inception of an uptrend and its reversal and change to a downtrend.

At the moment, the long buy level (zone) has been reached (green level). There was a rebound from it. At the moment, the breakdown of the wedge resistance. A local triangle is drawn in the breakout zone; there is a possibility that it will act as a canvas of an upward pennant in cases of price fixation above the wedge resistance.
Comment:
Comment:
the resistance of the local descending wedge was not broken, the downtrend continued. At the moment, a local reversal pattern Dragon has formed. The price has broken the downtrend
Comment:
Comment:
+ 75% Pay attention to this trading pair, the trading situation is the same as in VET before the "shot" (exit from the accumulation channel). Now the price is in a local uptrend in the resistance zone of the accumulation channel. Soon the denouement.
Comment:
+ 216%, + 72% From the breakthrough of the resistance of the accumulation channel. Judging by the comparison of the accumulation of the past and the present, this time the pumping will be very serious.
Comment:
+316% after ..... minutes an impulse started by 64.53% to the values of 0.00013651 Probably, according to the plan, some news should come out. But know this news is not "heavy artillery"
Comment:
+ 773% maximum value of the impulse (to the resistance of the big cup) or + 470% of the level reversal zone (marked in green). Large customer volume. Against the background of a local correction (at the moment) of the market, this pumping is held (including due to the cunning of exchanges) Important resistance zone 28500
Comment:
The chart shows the main trend of the RLC coin. 3 days ago) big pumping started. With an accumulation of more than + 700%. I specifically showed the 1 week timeframe to show the price in the main trend. The project is not a scam. In due time, work on cooperation at the state level will be announced. Fixing the price above the resistance of the cup will give potential for new heights not yet captured by the given price chart. Potential pullback zones if there is no price fixation above the resistance of the 28500 zone (yellow price resistance level) are shown on the chart.

I will add on my own. An ordinary trader of the "hamster level" with such pumping should not buy, but sell, regardless of where the price will go next.
Comment:
A local downtrend channel has formed between the two indicated level zones in the trend, which can act as a "canvas" of an upward pennant with a "flagpole" 240%

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