RLC/USDT Uptrend. Channel. Triangle.Timeframe 1 week. The coin has been in an uptrend since the beginning of its existence. This trend has formed an uptrend with a large % step. Not a faith scam.
Coin in the coenmarket: iExec RLC
Liquidity is medium. on some exchanges is low, that's why big price movements are possible (stick pumping, also super squeeze to "zero" on 13 03 2020).
Notice what a breakdown in percentage of channel resistance was when pumping more than +2000%. It may well happen again if a secondary uptrend develops (after the breakdown of the triangle).
At the moment:
The primary trend is pronounced uptrend.
The secondary downtrend, which has formed a triangle, the price is clamped. Decoupling soon.
Secondary trend. Triangle area. Medium-term work. Timeframe 1 day.
RLC/USDT Medium-term work Secondary trend. Triangle area
Public trading idea of learning/trading in a pair to bitcoin.
RLC/BTC Main Trend. Timeframe.1 week. How to work on pamp?
Under the trade idea I have fixed my past work on this coin for the last 1.5 years.
RLC
RLC iExec LONG SET-UPs 20220630Signal: Blue -> Green * n
Two set-ups
Risk Reward: 2
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.
RLCUSDT🔥Let's analyze the RLCUSDT chart
I expect a retest of the countertrend to the 0.670 zone, this will be a potential LONG entry point!
Sample deal plan:
Sample deal plan:
💡Entry $0.670
🔝Take profit 0.720$
✖️Stop-loss $0.640
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
iExecRLC Reversal CandleThis Doji here, marked purple, works as a reversal candle.
Anywhere we find a Doji it can signal indecision entering the market.
Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.
One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.
One can easily open a position here with very low risk and high potential rewards.
This is not financial advice.
Namaste.
🆓iExec RLC (RLC) Mar-07 #RLC $RLC
After RLC broke out of the $1.6 zone, buying pressure came back strongly and RLC rallied to the $2 zone shortly after. This is a sign that the $1.6 zone is still a good support for RLC. If we don't lose this zone, in the near future RLC can rise back to the 2.5$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.6
🔴Sell : 1.9 - 2.2 - 2.5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.3
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
iExecRLC | This Is What I See Long-Term (Simplicity)This is a long-term chart.
This is what I see happening in the long-run.
We can easily appreciate the cycles on this chart.
Simply a wave up, a wave down; wave up, wave down...
At the same time we have Higher Highs (HH) and Higher Lows (HL).
We are in a down wave, the next wave should be up.
Namaste.
RLC (iExec) 6th Jan 2022RLC has lost -55% since November 2021 and -85% since May 2021.
As you see it is working inside his the ascending triangle pattern. If you want to trade as well as holding long.
What the catch:
If Bitcoin to bottom out and showing some bullish sequence can take long although this idea is invalidated if Bitcoin shows no signs of recovery.
Here is just my idea hope you enjoy it.
Peace ✌🏼
RLC journey in the 2022 In 2020 - 2021 we had about 10-15x return with RLC.
In BTC pair
Here is updated journey targets; it needs to close above the mark to continue or go into a correction then continue the trend.
As always, these are long-term targets, not short-term:
T1: $15
T2: $31
T3: $45
T4: $62