lightknight

RLC/ETH REVERSAL OPPORTUNITY (REVERSE SYMMETRICAL TRIANGLE)

Long
lightknight Updated   
BINANCE:RLCETH   iExec RLC / Ethereum
iExec RLC / Ethereum

Technicals

  • Bullish Divergence on MACD Daily
  • Reversal on Stoch RSI Weekly
  • Reverse Symmetrical Triangle Pattern
  • 5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
  • Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
  • Break of the down trend line on USD and BTC charts

Fundamentals

Decentralised Oracles, Cloud Computing
Enterprise Marketplace Launch Q1
Collaboration and research with large industry players in the tech sector
Total Supply = 86,999,785 RLC
Circulating Supply = 80,070,793 RLC

Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
Trade active:
Strong breakout, awaiting continuation onto TP1 and TP2.
Disclaimer

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