$RLC/BTC 2D (Binance Spot) Descending wedge breakoutiExec RLC just regained 100EMA support and looks good for bullish continuation from here.
That DeFi token is focused on Privacy and AiBigData, they are about to launch their own NFT marketplace, more info on iex.ec
Current Price= 0.00008212
Buy Entry= 0.00008234 - 0.00007392
Take Profit= 0.00011137 | 0.00015939 | 0.00020573
Stop Loss= 0.00006147
Risk/Reward= 1:2 | 1:4.88| 1:7.66
Expected Profit= +42.54% | +104.01% | +163.32%
Possible Loss= -21.32%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Iexec
🧇 iExec RLC 1D- testing key levelThe price broke out of daily dynamic resistance and is now getting close to key level (4.01). To confirm this entry I'd like to see a breakout from the purple channel (go to lower timeframes to see it)
Long-term targets:
TP1: 4.91
TP2: 5.69
TP3: 8.99
TP4: 11.65
TP5: 16.37(~300%)
TP6: OPEN++
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About iExec RLC:
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more.
Source: coinmarketcap
RLCUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
$RLC/USDT 3h (Binance Futures) Bullish pennant near breakoutiExec RLC has been consolidating and looks ready for another big move-up!
Current Price= 8.1297
Buy Entry = 8.1560 - 7.4440
Take Profit= 10.2520 | 13.4110 | 21.1710
Stop Loss= 6.1690
Risk/Reward= 1:1.5 | 1:3.44 | 1:8.2
Expected Profit= +31.44% | +71.94% | +171.42%
Possible Loss= -20.91%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
RLC/USDT 1hr - Breakout Imminent! Oracle Szn?The only doubt I had about this set up was the lack of volume; however, RLC is an oracle and oracles like to run together. Not how Chainlink is ignoring the dip, which indicates upside for RLC and other oracles. I believe this will breakout with great upside once BTC chills out - it has been holding the bottom range throughout these dips.
I have been accumulating at the bottom of this pattern with a SL at invalidation around $6.30-$6.50 - depending on your risk tolerance.
As always, keep and eye on BTC and DYOR.
Cheers
RLC/ETH REVERSAL OPPORTUNITY (REVERSE SYMMETRICAL TRIANGLE)iExec RLC / Ethereum
Technicals
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
Fundamentals
Decentralised Oracles, Cloud Computing
Enterprise Marketplace Launch Q1
Collaboration and research with large industry players in the tech sector
Total Supply = 86,999,785 RLC
Circulating Supply = 80,070,793 RLC
Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
"Wicks and tails want to be eaten" "Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.
RLC-BTCGreetings,
There has been a pullback to support 0.000034 after the wedge breakdown, at the moment there is a local uptrend again. Price is moving in a channel. Targets at 51,64,87, 109, 138,190
Always use a stop loss, and do not use a leverage greater than x3.
A trader should always have tomorrow.
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RLC looking good !#RLC / BTC ( Binance, Bittrex )
Buy Range : 0.00002500-2550
Stop Loss : 4h Close below 0.00002386
Target 1 : 0.00003133
Target 2 : 0.00003868
- RLC got a lot of potential. This coin has been doing very well in last altseason having a good performance. If we look at the prices, i think have much upside and we can take some advantage of it
- Firstly, price action has broken MA20 in 4h and is looking to find some support here. Indicators suggest more upswing
In daily timeframes we can see how price has broken my yellow moving average with a good volume supporting this move. Indicators was totally oversold and the buy pressure made it bounce.
In short-term price is trying to hold and find support, making the price going down which is a perfect moment for a dip. This movement could carry price to 2500 sats. So, you can put different buy entries to have a good average
Risk/Reward is around 6.70 which makes attractive this trade.
Just wish you good luck and remember use correctly your funds !
more trades in my channel !
Ç
RLC back in the buy zone. Future of cloud computing. Fundamentals:
This is one of the promising projects which is building a decentralized cloud computing platform where computation can be aggregated from sources all across the globe. They are directly competing with the incumbents AWS, Google, IBM, Microsoft etc. Currently the market cap sits around $65 million which is a steal. The team is made up of several PhDs and experts in the cloud computing field.
They are also working on decentralized oracles which will compete with Chainlink, Band etc.
In addition, they have become a member of the Intel AI ecosystem giving it more credibility with the enterprise customers.
The cloud computing market as a whole is growing exponentially and is predicted to surpass $500 billion+ in 2022 (kinsta.com). Even capturing a small percentage of this market will propel
RLC to a multi billion dollar market cap.
Technicals:
RSI: Heavily oversold
OBV: Accumulation has been going on since the last 2 bull cycles
This is a long term hold. Expecting the marketcap to exceed $1 billion + in the coming years.
Note:
This is not financial advise. Please do your own research.
iExec RLCGiant head and shoulders forming on the higher timeframe?
Or do you prefer the cup and handle? as shown in my previous analysis here:
To me these technical indicators show the growing probability of the RLC token prize going (MUCH) higher in the beginning of next year. (Right around the launch of the regulated and compliant environment).
Check out there website here:
iex.ec
And more info on the eRLC token here:
iex.ec
iExec must be one of the most underappreciated crypto-projects in existence...
Thanks for looking!
Sven