#RLC/USDT Bullish Reversal in MAGICUSDT Accumulation Zone#RLC
The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.
We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.
There is a key support zone in green at 0.658. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.
Entry price: 0.694
First target: 0.712
Second target: 0.745
Third target: 0.777
Don't forget a simple principle: money management.
Place your stop-loss below the support zone in green.
For any questions, please leave a comment.
Thank you.
RLCUSD
#RLC/USDT Pump Anticipated#RLC
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the 0.860 price level, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.876
First target: 0.889
Second target: 0.910
Third target: 0.934
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
#RLC/USDT Pump Anticipated#RLC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 1.01, representing a strong support point.
We are heading for consolidation above the 100 moving average.
Entry price: 1.10.
First target: 1.12.
Second target: 1.16.
Third target: 1.20.
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#RLC/USDT Pump Anticipated#RLC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.
There is a major support area in green at 1.25, which represents a strong support point.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 1.32
First target: 1.35
Second target: 1.39
Third target: 1.44
Don't forget a simple matter: capital management.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#RLC/USDT#RLC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.995.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading toward stability above the 100 Moving Average.
Entry price: 1.028
First target: 1.063
Second target: 1.102
Third target: 1.152
#RLC/USDT Pump Anticipated#RLC
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it.
We have support from the lower boundary of the descending channel, at 1.155.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 1.143, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend to hold above the 100 Moving Average.
Entry price: 1.170.
First target: 1.200.
Second target: 1.234.
Third target: 1.282.
Don't forget a simple thing: ease and capital.
When you reach your first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
#RLC/USDT#RLC
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.13
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.15
First target 1.17
Second target 1.20
Third target 1.25
#RLC/USDT#RLC
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 1.98
Entry price 2.08
First target 2.19
Second target 2.28
Third target 2.38
$RLC Just broke out of it's Falling Wedge iExec RLCGETTEX:RLC has been on a down trend for Months!
Current Price: 1.73
Price action has continued in it's falling wedge for months and recently just broke out of it!
Expecting Price Action to continue upwards.
#RLC Targets: 2.09, 2.53, 2.96
This Idea Invalidates under 1.64
#RLC/USDT#RLC
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.40
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.61
First target 1.70
Second target 1.82
Third target 1.96
#RLC/USDT#RLC
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 1.95
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 2.00
The first goal is 2.20
Second goal 2.32
Third goal 2.47
RLC short setupFrom where we entered "start" on the chart, RLC correction seems to have started.
It appears to be completing a bearish triangle now.
We will look for sell/short positions in the red range.
The target can be the green box.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#RLC/USDT#RLC
The price is moving within a falling channel on a 1-day frame, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 3.20
First goal 4.09
Second goal 4.48
Third goal 5.05
#RLC/USDT#RLC
The price is moving in a triangle pattern on the 4-hour frame, about to break to the upside
The area in green is a very strong support area, and the price rebounded from it at the price of 3.40
We have an upward trend on the RSI indicator
We have a higher stability than move Average 100
Entry price is 3.85
The first goal is 4.05
Second goal 4.43
Third goal 4.80
#RLC/USDT#RLC
The price moves in a triangle pattern on a 1-hour frame
It is expected that the triangle will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the lower border of the triangle
Also we have oversold on MACD
Current price 2.36
The first goal is 2.47
The third goal is 2.55
Third goal 2.66
#RLC/USDT#RLC
The price broke the descending triangle upwards on a 4-hour frame
Drawing support from the green support area
We have support from the RSI indicator
We have a higher stability of Moving Average 100 that supports the rise
Expected to rise on targets
Entry price 2.38
The first goal is 2.45
Second goal 2.52
The third goal is 2.60
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis
Description
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+ RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations.
+ Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target.
+ Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits.
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VectorAlgo Trade Details
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Entry Price: 3.870
Stop Loss: 3.383
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Target 1: 4.191
Target 2: 4.490
Target 3: 4.996
Target 4: 5.762
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
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Enhance, Trade, Grow
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VectorAlgo






















