BINANCE: RLCBTC
-The price retested the previous support area
-A good bounce happened and will likely retest the trendline resistance
-The 8400 sat range is a strong confluence of previous resistance turned support
-How do you trade this market situation?
-Buy at key support with a tight stop loss and target the trendline resistance
-2nd is to buy the breakout of...
RLC/BTC
-iExec RLC is currently forming a symmetrical triangle
-The best trading strategy here is to but the breakout direction
-Currently, it is testing the local resistance around 14100 sat range
-You may enter aggressively on the break of local resistance
-2nd idea is to place Buy orders once the downward trendline resistance is broken
-3rd trading option is...
#RLCBTC TA Updates:-
#RLCBTC Now trading at Support level or retest level.
Hope you are now 50% profit in RLCBTC.
But still you not enter then It will be good entry.
Re entry:- 5000-5200 Satoshi
Targets:- 8196/10689/13209/15620 sat
Every dip is good Buying opportunity for me.
Guys if you also booked profit and also Happy with our Analysis then Please LIKE...
RLC/BTC
-3D TF is forming a potential bullish descending channel
-we can also see on the left side history
-if the pattern breaks to the upside
-there is a chance of an inverse H&S is likely in play
-now, to trade this descending channel
-we wait for the break of the trendline resistance
-to confirm the market direction and our bias decision
-the pattern target...
RLC/BTC
RLC is starting to make a bullish move as the price started pumping and reached the downtrend resistance line at 6700 sats.
If we see the price consolidate within the green buy zone line.
This is a good potential buy zone for another leg up and eventually break this descending channel to the upside.
The stop-loss is placed under the candle at 4200 sats.
RLC/BTC
Looking at the bigger picture of RLC, this is technically bullish as long as the price can hold the 200 Day MA in the coming weeks.
But RLC's number 1 enemy right now is the downward trend-line resistance
which keeps the price respecting it from the peak High 10k sats area.
If RLC breaks this trend-line, form a new Higher Low and consolidate within the...
(Trade this coin on Binance from the link in my signature below!)
I know absolutely nothing about this coin but took a look at it because of a recommendation from Turnip in our Crypto Cartel Discord. Check us out in my signature below.
I love this chart and the fact that it was recently listed on Binance. It's had a few preliminary pumps that have all been...
