QubitLife

RLCUSDT: Possible Long (21.10.2020)

Long
BINANCE:RLCUSDT.P   iExec RLC / TetherUS PERPETUAL CONTRACT
On D1, the price has broken the trend line. A strong divergence has formed between the price and the RSI.
An upward impulse was formed on H4, after which the price corrected to the level of 23.6% (mirror level - 76.4%).

We recommend buying RLC in order to keep the position above $ 1.2

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.