We see an uptrend for iExec RLC. The price of the token has rebounded from the support line. It may roll back to the previous low, and trade sideways for some time. Further, we will set the targets by the trend-based Fib extension.
Best regards,
EXCAVO
As per my analysis, RLC detects its bottom and creating a 100% buy setup. it is good opportunity for those who want to book more than 50% profit with in few days.
Chart is simple and clear.
#DYOR
#NFA
As per my analysis, btc finished its minor correction and now its time to dance in sideways so that alts can pump hard. it is good sign for RLC/USDT to pump upto $7 then $ 16.
#RLCUSDT
$RLC broke out long term descending resistance lines. there is one more descending resistance that its angle can be the same as ascending support line, that can reject #RLC price to the support line again.
a break above that resistance can complete AB=CD pattern around $6.5.
The price is reaching the downtrend line.
If it can break and stabilize at $ 4, it can form a new uptrend
I also see the head and shoulder pattern in Rlc
Signal: Blue -> Green
context: Green
Structure Confirmation: Break Through Resistance
RLC, iExec, RLCUSD, RLCUSDT,RLCUSDTP, BITCOIN,CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
$RLC showing a great accumulation zone on a daily timeframe. We also have a great uptrend and resistance level.
My targets are:
4.07$ 50%
4.33$ 50%
Don't risk! DYOR!
BINANCE
