Helical_Trades

RLC/USDT : Indicators are being bearish

Short
BINANCE:RLCUSDT   iExec RLC / TetherUS
RLCUSDT
Hello everyone πŸ˜ƒ

RLC is moving into a bearish rising wedge.
Now MACD and Volatility are at their limits and they are being bearish.
Also Wedge higher line is near, so it will rejects any continuation for bulls...

MA 200 is located 1.9$ and it's reaching 2.1$'s support zone,
How ever MACD it's trying to support it's lower limit !

πŸ“Œ 2.1$ support zone could be a good retest point for RLC.
πŸ”΄ Funding is very high, So it's to wait for a better points to enter market !!

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
@Helical_Trades

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