#RLCUSDT #1D (Binance Futures) Descending wedge on support

196
iExec RLC just printed a dragonfly doji which may have marked the bottom on daily.
A morning star is drawing now, recovery towards 100EMA resistance seems around the corner.

⚡️⚡️ #RLC/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Isolated (4.0X)
Amount: 5.9%

Current Price:
0.9126

Entry Targets:
1) 0.9002

Take-Profit Targets:
1) 1.1854

Stop Targets:
1) 0.7859

Published By: @Zblaba

RLC RLCUSDT.P #DePIN #AI #iExec iex.ec

Risk/Reward= 1:2.5
Expected Profit= +126.7%
Possible Loss= -50.8%
Estimated Gaintime= 1 month
Trade closed: stop reached
SL reached with -1.0R

RLCUSDT.P Stop Target Hit ⛔
Loss: 50.7887% 📉

RLC stop hunted us then bounced back forming a strong morning star, SL was slightly too tight.

snapshot
Note
TP'd have been reached

RLCUSDT.P All take-profit targets achieved 😎
Profit: +126.72% 📈
Period: 29 Days 0 Hours 14 Minutes ⏰

RLC finally made it to upper line of the wedge, congrats if you entered back after the star!

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.