RLC consolidated above the 1D EMAs and support zone . Ready for the pullback move of the downtrend at least.
Best entries: 0.00008212 - 0.00009150
Max leverage: na
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Signal: Blue -> Green
Structure Confirmation: Break Through Resistance
RLC, iExec, RLCUSD, RLCUSDT,RLCUSDTP, BITCOIN,CRYPTO,CRYPTOCURRENCY
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RLC reclaimed the key area as asked, and currently consolidating above, this looks ready for a move upwards to at least those 2 objectives. Didn't give any short trigger as asked, so I was sidelines waiting for some clean PA. Currently spot long from 4.5$ and adding some buy orders below, from 4.5$ to 4$, waiting to get filled. If they get filled, nice, if they...
- RLC/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.00009289)
- Limit entry: test of the ascending triangle's inclined support.
Showing really strong volume not seeing since mid '20 as its going for a second try at ~5k sats level
Still riding this one since the UCTS 2D Buy signal..
Volume usually preceeds price.
Looking for a flip or straight volume as signal of continuation 🍀🤞
Rlc/btc hast just crossed the 200 daily Moving average .As you can see every single time we break it we had a least pump of 100% this time could just be similar unless btc dumps promptly .With btc dominance heading into lows more money is going to flood in altcoins and rlc is about to do something big .however its for the best to wait for btc to settle down then...
"Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.