On Big time frame, we can see a similar setup to my old Zil chart of big time frame cup & handle.
Once 2nd alt-season starts we will see a big jump for all coins.
In 2020 - 2021 we had about 10-15x return with RLC.
In BTC pair
Here is updated journey targets; it needs to close above the mark to continue or go into a correction then continue the trend.
As always, these are long-term targets, not short-term:
T1: $15
T2: $31
T3: $45
T4: $62
RLC has been consolidating for 6 months and appears to be in an upward channel. It's possible that RLC has found the floor of the channel and is attempting to move back to the top of the channel. I have taken a position and will look take profit around $7.40.
This was not the easiest one to do so I converted to line and I think I've got it possibly, If I'm right we should make a new high and likely touch our trend line with wave 5 which would be a sell signal.
