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...
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.
Evening Traders, Today’s Analysis – RLCBTC- in strong uptrend breaking daily S/R. A retest of the level will allow for a long. Points to consider, - Immediate trend bullish - Daily support confluence (.618 Fibonacci & 200MA) - Swing high (immediate target) - RSI above 50 - Stochastics flat - Volume declining RLCBTC’s trend has been establishing...
Cup and handle formation formed and breakout, target $2
rlc cuphandle pattern and fandamental news
One of my trader just brought RLC to my attention and it looks pretty good imo. If you missed LINK or BAND trades, you might not want to miss on RLC.
This is a swing trade which may take a few weeks to hit target - The upper supply zone. RLC is a mover and in the current market conditions i think this is a good trade. Use risk management. 100% Move 3R Like Share Commnet
HITBTC:RLCUSD RLC is making a bearish cypher pattern. Playing the D wave. It's on TD 3 of sell so after that i'll be buying the dips. PCZ is 0.786
RLCBTC 1H. Trendline resistance becomes support and on the 1 hour chart price may soon find itself sitting on the 200EMA. With this confluence of factors including horizontal support I am looking at a long trade once & if this candle closes above the 200.
RLCBTC 4H. Pumped even further right after Chico Crypto's uTube video the other day. Probably not a coincidence. In a nice descending channel. RLC has retraced somewhat now and is finding support at Fibonacci 0.5. Probably some upside from this level for a scalp but I am looking for a retest of trend line 'A' partly as I believe BTC is heading for 9600 and RLC...
Guys, please, support this idea by clicking the LIKE button. Thank you! Here is a pretty interesting comparison: TCT vs RLC We see that TCT is forming the same structure as RLC did before a breakout The same declining trend line with the same angle acting as a critical resistance, same structure and amplitude of bounces and pullbacks However there...