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dudebruhwhoa
May 2, 2023 5:19 PM

Two Ways to Look at RLC Targets Long

iExec RLC / United States DollarCoinbase

Description

Daily Inverted HS with a TP 2 near 11 dollars

Weekly Wedge or Double-Bottom with more conservative TP 1 and 2.

See related BTC pair chart linked below, which supports more aggressive targets for the USD pair here.
Comments
xtrmclub
How long is this stuff going to keep scraping the bottom?
dudebruhwhoa
@xtrmclub, the longer it does, the stronger the move up (if up is indeed the direction when it finally decides). Pay close attention to DXY though, if it makes a strong move above 105-108 and on to 112->118+, I doubt anything is going up, here's a guide (read within):

xtrmclub
@dudebruhwhoa, sneaky altcoins have exhausted my soul, I hate everyone who dumped them
dudebruhwhoa
@xtrmclub, as mentioned before if DXY goes up above 105-108 and on to 112->118+, I doubt altcoins will recover. If it goes down though (or even sideways) they may recover. But, that's just my opinion.
dudebruhwhoa
@dudebruhwhoa, looks like its just re-testing the neckline of the inverted HS from the chart above btw:

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