TradingView
thecryer
Nov 7, 2021 8:41 AM

iExec RLC Long

iExec RLC / TetherUSBinance

Description

What Is iExec RLC (RLC)?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.

It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.

Total Supply
86,999,785

Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago.

------------------------------------
Trading Parts :
------------------------------------

Buy Zone : 4.7$ (Now) - 4$ (Rebuy More)

TP1 : 7.5$ (Security TP)
TP2 : 15-16$
TP3 : 24.5$

STOP : 2.8$
------------------------------------

Stay Safe + Follow TheKing

Happy Tr4Ding !


Comment

update post bearmarket :

Comments
alexandruradu200457
Did you exit out of your positions?
thecryer
@alexandruradu200457, not yet, i sold some on the small pump, seems bottomed right now.
alexandruradu200457
thanks man, i will try to dca in the next couple days
kaylaowilliams1
What is the support $ on Rlc? $4.5?
thecryer
@kaylaowilliams1, 3.5 for best one. (Violin EMA)
kaylaowilliams1
@thecryer, and the resistance around $5.2?
thecryer
@kaylaowilliams1, first one yes.
kaylaowilliams1
Question, does the order book on platforms mean much?
thecryer
@kaylaowilliams1, it could means a lot depending on the volume traded on 24h. have to always check orde book wisely if u wanna trade for medium time, but if you invest for the long term, order book not really important in that case.
kaylaowilliams1
@thecryer, thanks! A lot of tokens are showing a majority of buy orders at $0.0, below $1. So I didn’t know ifthat was of importance or people trying to be wishful thinking and getting in low.
More