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chadbchilln

RLC/USDT 1hr - Breakout Imminent! Oracle Szn?

iExec RLC / TetherUS (BINANCE:RLCUSDT)  
chadbchilln  
BINANCE:RLCUSDT   iExec RLC / TetherUS
Trend Analysis Chart Patterns Technical Indicators RLC RLCUSDT RLCUSD oracles chainlink binance coinbasepro iexec
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trendanalysis chartpattern indicator rlc rlcusdt rlcusd oracles chainlink binance coinbasepro iexec
The only doubt I had about this set up was the lack of volume; however, RLC is an oracle and oracles like to run together. Not how Chainlink is ignoring the dip, which indicates upside for RLC and other oracles. I believe this will breakout with great upside once BTC chills out - it has been holding the bottom range throughout these dips.

I have been accumulating at the bottom of this pattern with a SL at invalidation around $6.30-$6.50 - depending on your risk tolerance.

As always, keep and eye on BTC and DYOR.

Cheers
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