RLC / BTC Local operation. Descending wedge. Under a downtrend (wedge resistance) in a local uptrend, an upward triangle forms at its peak, which, in cases of confirmation and breakdown, will break through the wedge resistance (downtrend line). Input Entrance on a breakthrough or rollback after a breakthrough of a given local figure or if lateral movement...
We already looked at iExec RLC (RLCBTC) short-term, this chart is shared at the bottom of this post. Now, we are looking at RLCBTC long-term, weekly (W) timeframe. Here we have a very strong bullish chart... 100% green signals, let's get started! First, we have a strong wave that corrected all the way down to the 0.786 Fib. retracement support... Now,...
Evening Traders, Today’s Analysis – RLCBTC – breaking out of its falling wedge , it needs to establish a weekly candle close above resistance for further continuation. Points to consider, - Local Resistance (Key level) - 21 MA (Visual support) - Technical Target Confluence - Stochastics Buy Cross - RSI Breaking 50 - Increasing Volume RLCBTC needs to close...
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 is looking amazingly bullish on higher time frame charts. Bullish falling wedge into high timeframe support. Target is range high at 29000 sats
BINANCE:RLCUSD iExec RLC - Idea for Trading $RLC #SuperSimpleCharts
Hello Traders, RLC/BITCOIN is about to make a decision of the future trend direction, we are above a important support level, but on it seems to be a bearish acumulation pattern, now is time to be pacience and wait for more clear indications to go with the trend. On the chart we mark important informations as entry points, and our objectives of the two...
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 est tout simplement super depuis ma dernière analyse ! :) Maintenant je prend ce trade pour du cours terme. Divergence MACD / T3-CCI sur le daily Support trouvé sur la ma 128 h1 pour le moment qui pourrait relancer le cours a la hausse... Bon R/R si reveil de celui-ci
Hi fox hope you are well, In my previous post the iExec RLC (RLC) formed bullish Shark on 4 hour short term chart and this trading idea produced more than 64% profit: Now this time on 1 hour chart is forming another harmonic pattern and this time it is another bullish Shark. All legs are formed now the priceline is forming last leg. The Pattern: Lest’s dig the...
as you see that our indicators refer to long signal for RLCBTC, so let's see its movement.
I will be buying RLC starting at 6600 down to 6050 in anticipation for a big leg up on a huge inverted Head & Shoulders. Once this coin gets goin it moves quick. Targets in the ballpark of 9000, 10500, 11000.
#RLCBTC (Short Term) Buy: 0.00007113 - 0.00006757 Target 1: 0.00007326 Target 2: 0.00007611 Target 3: 0.00008180 Target 4: 0.00009247 Target 5: 0.00010670 Stoploss: 0.00006588 Invest: 3% Risk/Reward: 5% / 54%
$RLC Testing lower trendline of the ascending channel (matching ~6100 sats support level & EMA50) If it bounces from here (showing some rising volume), then a new test of 7700 sats could be in play (over 20% in price increase) #RLC