iExec RLC / Ethereum
Bullish Divergence on MACD Daily
Reversal on Stoch RSI Weekly
Reverse Symmetrical Triangle Pattern
5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
Break of the down trend line on USD and BTC charts
RLC seems to be breaking out on a larger scale.
If it confirms by closing above with a second channel on the weekly then I predict rlc will keep rising quite a bit.
Closing below on the second candle would be a rejection.
In the short term it looks like RLC will continue to go up, although I expect a test of the upper part of the channel at some point. ...
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EMAs : Price crossing over 7 EMA
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