A currency #RLC has witnessed a strong rise in the previous months and is now in the process of correcting the wave, which reached 560%
We expect from this region to take the price up again
Do not hurry to buy, the price may go down to good places
Do not risk a large amount of your money
Please share your opinion in the comments box and do not forget to press...
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...
RLC dominating the Alt-coin market and as it looks like the party just begunn.
Monthly Stoch shows strong momentum so we can expect some more month where RLC will dominate the market.
Ofc this will aslo be reflected in RLC-token price.
Have fun! Follow me if you want.
RLCBTC Now Looking Very Bullish in Weekly Time frame.
If This will break out handle trundling then our Target will be very Big like 200%.
and If not breakout upper side Trendline then we placed Bid for Buy around 4400 Satoshi and 3500 Satoshi.
This is strongly Buy zone.
50 Day moving average is Working a strong Resistance at 5961 Satoshi.
iExecRLC (RLCBTC) was one of the first altcoins to go bullish this past summer and this one produced amazing results for us, we have been looking at this altcoin project/pair for years.
Here is an example:
Now, I am taking a closer look and looking at this...
iExecRLC (RLCBTC) is on a very strong uptrend right now and continues getting stronger.
All the major resistance levels we track in the form of EMAs have been conquered, including EMA300 (grey line).
One thing to notice about this very strong uptrend is the volume... Volume is still really low on average, a signal that can tell us that the best is yet to...
Crossing above ~6100sats resistance level with some volume (not great)...
Crossing above EMA50/200 on the 1D chart with UCTS Indicator signaling an earlier buy signal..
I'm looking for a potential R/S Flip as entry at this level with target at ~7K sats (20%+)
After finding support at the 0.618 and consolidating for a few weeks, I believe RLC is ready for another leg up.
Location/structure: Strong support and nice structure "W" at the 0.618
Divergence: Confirmed histogram div, RSI looking good. Willy coming out of stupid. Strong OBV
VPVR: Lots of volume traded at this level
I should note there is a...
#RLCBTC Cup & Handle Pattern Chart Updates:
I told you about this bearish scenario So you saved your fund.
and I hope you are waiting for Best Buy entry.
according to my chart analysis Best Entry will be 4500 Satoshi.
But but keep an eye on chart also guys.
if 4500 Satoshi level also breakdown then free fall till 3500 Satoshi .
And my next level for entry will be...
RLC is expected to form a cup and handle formation here as RLC hits the previous local support from the past years. RLC has seen a significant retrace and is expected to bounce from here to the 200 MA with an entry zone of 4200-5200 sats. It seems the reversal has already started therefore the chance of the lower end of the entry zone, near the 200 MA, will not...