RLC
iExec RLC 🌐 Whale Accumulation 🐋 and a Bull Flag 🏁iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial intelligence and big data.
The Daily time frame shows price is in a bull flag formation.
On Balance Volume reveals whale momentum has increased dramatically.
Relative Strength Index shows RLC is in the bullish control zone.
$RLC, Crossed over ~3700 sats...$RLC
Crossed over ~3700 sats & now trying to flip it into support on the 1D chart
Willing to see if it can gain momentum / volume and starts pushing up from here
Alts are overall looking bullish against BTC and UCTS is signalling a 1D Buy on this one
Let see how it goes
#RLC
RLC/BTC - Trading in the big channel +300%Hello everyone, analyzed the RLC/BTC pair
I love to trade triangles like this. Because at 95% the price returns very well, at least half of that drop.
Moreover, on a shorter timeframe, there are bullish diverters, as well as indicators indicate a price reversal
Target: Fibo grid, potential top loss and risk management - it all depends on your trading system.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and comeback again."
RLC breakout confirmed, Ready for moonRLC successfully breakout and hold above the resistance zone. RLC updated its roadmap on 4 March and added new partnership and development events. RLC is a decentralized cloud computing project and providing orcales. We have seen how Oracle coins pumping like BAND and LINK. RLC will be next.
Buy Zone: 3350-3365
Target: 3640-3900-4150-4580-5100
#RLC : Upto 100% Profits Opportunity In The Mid Term.Pair : RLC / BTC
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @togetherweaccumulate
RLC.USDT (Y21.P1.E1).Macro.TAHi All,
Going with some patterns here, I'm guessing RLC is done the top and is doing its correction wave.
Based on its previous rise, I'm looking for patterns, support and resistance trendlines.
My guess is that it will retrace to the 0.5 or to the 0.618 level before reversing.
See if you can make sense of this.
All the best,
S.SAri
If BTC dominance is to go up, this fits into the narrative.
RLC formed BAT move for up to 27% rallyHi friends, hope you are well and welcome to the new update on iExec RLC token.
On a small time period 4-hr chart, the price action of the RLC has completed the final leg of bullish BAT and spiked in the potential reversal zone. It may give us another chance to catch from the buying zone before starting the bullish rally.
this trade has profit possibility of 27% and the loss possibility is only 4%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade
RLCUSDT (RLC) - UPTREND CONTINUATION ANALYSIS 🔎
- RLCUSDT pumped and hit a swing high.
- Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level.
- Price action printed the double bottom trend reversal pattern at the retest area.
- Price brokeout above the double bottom neckline resistance.
- Price action is printing an ascending triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the ascending triangle's horizontal resistance.
TARGETS 🎯
- Horizontal resistance level R1
- Horizontal resistance level R2 (swing high).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
🆓iExec RLC/USDT Analysis (2/2) #RLC $RLCRLC has conquered 1.2$ zone and this will be a step to help RLC increase strongly this February to $2 and $2.6 zones.
📈BUY
-Buy: 1.17-1.23$. SL if B
-Buy: 1.37-1.43$ if A. SL if B
📉SELL
-Sell: 1.9-2.0$. SL if A
-Sell: 2.6-2.7$. SL if A
♻️BACK-UP
-Sell: 1.17-1.23$ if B, SL if A
-Buy: 0.95-1.0$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"