RLC is moving in wide ranges and it's very difficult to handle. At the moment, 6$ zone is a good support and the selling pressure is decreasing so we can expect a recovery or even a new rally in the next few days up to 8$, 10$ and 12$. But if it loses the 6$ zone, it could dump to 4$ easily
-Buy: 5.8-6.2$. SL if B
-Buy: 7.8-8.2$ if A. SL if B
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,...
iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial...
A great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle
Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models),...
iExec RLC / Ethereum
Bullish Divergence on MACD Daily
Reversal on Stoch RSI Weekly
Reverse Symmetrical Triangle Pattern
5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
Break of the down trend line on USD and BTC charts
RLC has conquered 1.2$ zone and this will be a step to help RLC increase strongly this February to $2 and $2.6 zones.
-Buy: 1.17-1.23$. SL if B
-Buy: 1.37-1.43$ if A. SL if B
-Sell: 1.9-2.0$. SL if A
-Sell: 2.6-2.7$. SL if A
-Sell: 1.17-1.23$ if B, SL if A
-Buy: 0.95-1.0$, SL if B
Condition A : "If 1D candle closes ABOVE this...
Giant head and shoulders forming on the higher timeframe?
Or do you prefer the cup and handle? as shown in my previous analysis here:
To me these technical indicators show the growing probability of the RLC token prize going (MUCH) higher in the beginning of next year. (Right around the launch of the...
Iexec proved to be difficult to price since the high of January 2018. Holders who bought at ICO have had there patience tested.
The teams development and promising collaborations attracted more buyers which shows in a giant bullish pattern forming.
We see what we want to see in these charts, but if the 0,80$ support holds and collaborations become use cases (from...
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In this analysis, we have 3 SELL signals, so this means we should not buy it.
I would prefer to buy,
a) When I see engineering Robo's BUY signals, or
b) when the candles hit at the support line(dashed line) and start going up.
Also, I will share with you my opinion again.
If you have any concerns or questions, please let me know like other my...
What a beautifull cup and handle pattern. Normally is the handle slope downwards. But I like to make it a 'U' from.
High volume within the big 'U'. Low volume within the smaller one.
Exactly how this pattern is been made of!
This might explode to the upsidr anytime.
Not a financial advice. Do your own calculations.