RLC
Come to pappaLooking at RLCBTC 1D
Very big notch at 9600 sats that needs to be filled in
Waiting for bullish divergence to come in on histogram
Willy not yet oversold
OBV is healthy
Price sitting around the POC
Would like to see more structure in price
Setting bids at the 4680 mark
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iExec - Blockchain-Based Decentralized Cloud ComputingLooking at the current price action, RLC/BTC is forming a double bottom, which so far has been rejected. This could invite buyers over the coming weeks, resulting in a correctional move upwards or even a trend reversal. Nevertheless, Moving Average has to be broken for the wave up to start, only then price could be heading towards one of the Fibonacci resistance levels. But on the downside. if current support is broken, the upside potential would be compromised, where buyers could be getting out of the iExec. All-in-all its an interesting time for this coin, not to mention the huge potential of the decentralized cloud computing.
Despite Fundamentals, RLC remains A Low Volume P&DI once held a position on this coin, but sold eventually at a loss because I saw that people were very quick to dump this coin. Unfortunately, even though the fundamentals may be strong, price action tells me that investors don't see any value in holding this token for some reason. This can also be reflected in their online community, which remains quiet. Investors do look at online communities to gauge confidence, whether you like it or not. This is sad to me because this coin has a great partnership and is indeed being used. Unfortunately, iExec has become a pump and dump coin and is in danger of dying out. What proves this is the HUGE sell volume on the recent pump that took it almost to the 1000 mark. Many people had sell orders up there, who have been eager to dump this coin for months. Unsurprisingly, it crashed down to support immediately after the pump.
Until RLCBTC can sustain a price bump and establish a new support (ideally above 1000), I won't personally be comfortable buying into this coin. I also wanted to point out something interesting that I've noticed. Going back to the Spring and Summer of 2018, RLCBTC has alternated pump and dumps with ENGBTC. More recently, they seem to pump and dump on alternating days. Just a pattern I've noticed. Perhaps the whales enjoy these coins because they are low cap with a somewhat low supply. They also generally trade at low volume, so they're easy to manipulate.
This is not investment advice, and I'm not a professional financial advisor. This is just an observation I made, and it is purely my opinion. However, I marked this as "education" because I think it's important for people to note WHY I sold a while back, as understanding price behavior is important when looking at long term investing. So far, I've been right in removing it from my portfolio, because it has since failed to sustain any sort of rally. Of course, that can change : ) This is crypto after all!
-Victor Cobra
Altcoins selection, Day #4: RLCBTCI hope I learned a lesson today, whn I checked some coins and I saw some of them already on the train to financial freedom. But only for those on that train. That happens when price alerts are not set. anyway, I am very happy, that I saw BINANCE:RLCBTC on binance listing. I bought some RLC weeks ago and I am a little bit angry I bought small amount of coins. anyway i will add some more at this level, and every dip under price of 0,00008 is strong buy for me. I hope this time wont take 24h before my idea is published, but anyway, I will make everything that you get the ideas on time. click Subscribe if you eant to get more altcoins tips and sips. Cheers
[RLC/BTC] BULLISH OVERVIEW ON iEx.ec [ 85-300% POT PROFIT]#RLC / BTC ( Binance, Bittrex )
Buy Range : 0.00005-0.00006
Stop Loss : Drop and close below support zone
Target 1 : 0.000111
Target 2 : 0.000129
Target 3 : 0.000197
After bloodbath, RLC its trying to accumulate on very low levels.
This phase seems very similar than Feb-April this year. Also, this coin its on December low levels which offer a very good risk/reward for mid-long term
Weekly/daily are showing bullish divergency on RSI/MACD and i think the next step will be a climb into my target 1-2.
If Market finally turn into bullish mode, im expecting my target 3 easy reacheable for this fantastic coin
Good Luck
RLCBTC Chart Looks COOL.. Jump ExpectedRLCBTC 1D Chart forming Adam & Eve Double Bottom , which is a bullish signal.
MACD also green histogram forming .
All time High 3200 Satoshi.
Current Price 774 Satoshi.
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
" Be Happy, Be Disciplined & Keep Smiling "
iExec – RLC – profit/loss ratio over 1000% - magnificientHi Traders!
So we can see a bit of optimism today on the market. Finally!
We want to introduce you to another interesting project.
This is iExec with its native RLC token which is based on Ethereum (ERC-20 type).
What is this project all about?
Well in simple words their goal is to create decentralized computation power, decentralized servers and marketplace for dApps.
Marketplace for dApps already works. Check this out dapps.iex.ec
So moving on.
As a Developer, you can use iExec to overcome blockchain limitations, by executing your computations on a new distributed infrastructure.
As a Provider, you can lend your machine power and monetize it by executing developer applications.
The iExec Marketplace. This is a global and open market where supply meets demand for cloud power. Applications and users can access computing power on-demand while providers define a price for which they are ready to execute computations.
iExec offers CLI and JS libraries allowing developers to overcome Ethereum scalability issues by executing ‘off-chain’ computations through the iExec decentralized cloud.
Decentralized applications powered by iExec are featured on the Dapp Store. Developers can monetize their dapps and increase their visibility, while users can execute these applications thanks to the marketplace.
Team
iExec’s core team consists of six PhDs, four of which have been working in cloud computing since the early 2000s.
Four of them Gilles Fedak, Haiwu He, Oleg Lodygensky, and Mircea Moca, have experience working at INRIA and CNRS developing programs for Desktop Grid computing. iExec is the product of their collective experience, and after Gilles Fedak discovered Ethereum in 2016, the team found the solution to a problem they had been debating since 2012: how to create a distributed cloud based on Desktop Grid computing.
In their whitepaper, the iExec team lays out the project’s competitive landscape and explains these competitors in relation to iExec.
They’re quick to note that decentralized cloud storage providers like Filecoin, Storj, and Siacoin are not direct competitors, and it’s easy to see why. While iExec could theoretically take a step in this direction as it matures, it’s not a storage platform. This is a computing platform.
This does put it in competition with other decentralized computing protocols like Golem and SOMN
Where to buy
Bittrex, Binance, Upbit, and Bitfinex account for the majority of RLC’s trading volume. Each exchange sports BTC and ETH trading pairs, while you can also buy it directly with USD on Bitfinex.
So Traders. This project seems to be a very interesting project.
They also have a decent rate on Coincheckup (3,9 stars out of 5) so definitely it is on our radar.
Technical analysis details
We are very low at the Fibonacci scale. We didn’t touch the bottom from December 2017 so set your stop-loss at 0.00005000 as we may encounter pullback to around 0.00003000
On the second chart, you can see we are on the brink of TenkanSen (daily interval). This is great but let’s wait for the next bar. It should be above. If it will be, we enter the position.
The price also crossed VWEMA which is another bull’s signal.
Weis Waves shows us no supply and growing demand thus the price is moving up.
In terms of profit/loss ratio, we assume we can lose 50% of our initial investment (as above mentioned we didn’t touch the bottom from December 2017).
On the other hand. we can reach as high as 0.00041368 making from each $100 invested, $500 dollar profit. $50 dollars loss, $500 dollars profit which makes 1000% profit/loss ratio.
Here are Fibonacci levels for reloading or sale.
1. 0.00011946
2. 0.00017658
3. 0.00022112
4. 0.00026657
5. 0.00033126
6. 0.00041368
Don’t forget to set your stop-loss at 0.00005000
MASSIVE Hugs!
WBM Team
iExec (RLC) 2nd Chance + Bottomed Out (150%+ Profits Potential)After RLC broke our stop loss, a second chance has appeared. You can now buy back in 20% lower and prepare for the next run. This time we go LONG, since we are already at the bottom.
Note: There can be one last final drop, that is for Bitcoin and the entire cryptocurrency market. If it does come, we wait patiently for the market to reverse.
Just as nothing can go up forever, in the same way, nothing can go down forever. The market moves in cycle and a trend change is overdue.
UPCOMING EVENTS
-> iExec RLC (RLC) - 18 October 2018.
Off-Chain Computing: "Privacy-preserving off-chain computing with Intel SGX"
TRADE INSTRUCTIONS by Alan Masters
Buy in: 0.000100 - 0.000118
RLC Targets:
(1) 0.000146
(2) 0.000172
(3) 0.000201
(4) 0.000224
(5) 0.000281
Trade instructions: Hold long. Wait for the targets.
Capital allocation: 3%.
Time: 1-2 months.
Enjoy the trade!
Namaste.
RLC is Ready For the Next Bull Run !! 3x Potential is Here.RLC is a one of the most popular traded currency, which comes under TOP150 Coins in the CoinMarketCap.
Prev few months ago the price of the coin reaches almost at bottom @1000 , which is a accumulation zone. Due to the greatest buying pressure
the price of this coin reaches almost 3X @3237 Satoshi, which is also AllTimeHigh of this coin.
Now price of the coin is at accumulation zone ... Now it was ready for the next bull run.
Lets Look at indicator..
MACD Crossover found,
RSI is near at oversold zone.
Price is at strong support level.
*****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..******
Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
" Be Happy, Be Disciplined & Keep Smiling "
iExec (RLC) Breaking Out (50%+ Profits Trade)iExec (RLC) is breaking out after a 100%+ retrace and a strong bounce from support. We have the opportunity to open a trade here.
TRADE INSTRUCTIONS
Buy in: 0.000143 - 0.00016
RLC Targets:
(1) 0.000172
(2) 0.000201
(3) 0.000224
(4) 0.000281
Stop loss: 0.000121
Enjoy the trade!
Namaste.