RLC/USDT Need to Break the pattern to continue Upward Movement
Updated
💎 RLC has certainly garnered our interest. Currently positioned in a pivotal zone, RLC needs to overcome the constraints of the falling wedge pattern and breach the supply zone to ignite a bullish surge.
💎 A successful disruption of these barriers could pave the way for RLC's ascent towards the resistance level. Historical trends highlight RLC's repeated setbacks upon encountering this resistance, underscoring the critical nature of this threshold for facilitating a smooth advance towards further supply zones or even the Bearish OB territory.
💎 Conversely, if RLC falters in its attempt to shatter the pattern and penetrate the supply realm, it may face a reversal, prompting a retreat to the demand zone for momentum recalibration. This scenario necessitates a robust rebound from RLC to avert a descent through the demand layer, which could otherwise precipitate a slide towards more profound support foundations.
💎 A successful disruption of these barriers could pave the way for RLC's ascent towards the resistance level. Historical trends highlight RLC's repeated setbacks upon encountering this resistance, underscoring the critical nature of this threshold for facilitating a smooth advance towards further supply zones or even the Bearish OB territory.
💎 Conversely, if RLC falters in its attempt to shatter the pattern and penetrate the supply realm, it may face a reversal, prompting a retreat to the demand zone for momentum recalibration. This scenario necessitates a robust rebound from RLC to avert a descent through the demand layer, which could otherwise precipitate a slide towards more profound support foundations.
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Nailed it again - #RLC is up 19.54%, right on cue!"
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