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Here is a pretty interesting comparison: TCT vs RLC
We see that TCT is forming the same structure as RLC did before a breakout
The same declining trend line with the same angle acting as a critical resistance, same structure and amplitude of bounces and pullbacks
However there is only one difference: RLC chart is on the weekly scale while TCT is on the daly, but that doesn’t change much
Right now TCT is breaking out and I believe there are high chances that TCT will follow RLC. Breakout targets on the chart
What do you think about this Altcoin set up? Share your thoughts in the comments!
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Very interesting! I found something similar recently, Reserve RSR and Kleros PNK had almost the exact same chart but delayed. Did not post the two charts here sadly. I'll look into TCT!