Hey guys! Today I'm sharing a nice catch that is still early in the green market we're having in crypto! So this is RALLY a beautiful project and now let me share analysis per Ichimoku Cloud:
1D - It broke through Kumo from below to above which is a strong bullish reversal sign, specially in the long term for the Daily Timeframe! So this is really great news!
4h...
HUOBI:RLYUSDT
Lets take a look on this low cap coin next trade
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Thank you.
Possible Targets and explanation idea
➡️We got 2 first one and local term resistance zones.
➡️First zone we can meet at after test...
$RLY went a lot lower than most people thought was possible (including myself). I've been waiting patiently and watching for some indications that this could be bottoming and it looks like we finally just got some signals.
The big signal that stands out to me is the 2D buy volume being the highest on the chart right at the bottom. That gave me the confidence to...
In my opinion, if Bitcoin moves down and loses its support, this currency will also test itself with that low support.
But if Bitcoin keeps itself in these areas, this currency can grow well.
Hi my friends
As youvsee on chart, if RLY can close this daily candle with no or little shadow and full green we hope to see above target for RLY that have good fundamental background
Targets are 0.75 , 1 , 1.54
Obviously we have to set our stop loss as our strategy that I suggest below 0.52
NFA
With BTC rising Rally looks ready to go. The team just announced they are going to decentralize their platform a couple days ago. Currently at the 50ema on the hourly and pushing upwards.
Gathering thoughts for future reference.
I have noticed very similar behaviour on these two assets. NKN looks to be having a similar run to RALLY soon, as we see volume increasing upon reaching the previous spike high. Volatility is also increasing as we come into the high. RSI heavily trending in bullish control zone.
Looking for an explosive 24-48 hour move...
Hello my friends. Keep it in your watchlist, we have a strong support area in the circle, So if the price give us a return pattern we can buy it . Good luck.
If its useful like it please as a support and follow me for next analysis :)
RALLY just created a double bottom and then rose to over 30%+ while forming a hidden bullish divergence. The only concerning thing is the Volume.
On the fundamentals side:
"Rally is an open network that enables creators to launch vibrant and independent economies with their communities powered by the ethereum blockchain."
PROS:
- Coinbase is heavily involved in...
- Breaking resistance
- Part of the Coinbase Ventures Portfolio
- Indicators confirmation
- NEVER RISK MORE THAN 2/3% - ONLY WHAT YOU CAN AFFORD TO LOSE
