RLCBTC
RLC/BTC - Round 2After finding support at the 0.618 and consolidating for a few weeks, I believe RLC is ready for another leg up.
My reasoning:
Location/structure: Strong support and nice structure "W" at the 0.618
Divergence: Confirmed histogram div, RSI looking good. Willy coming out of stupid. Strong OBV
VPVR: Lots of volume traded at this level
I should note there is a lot of unresolved business below. The 3300 - 5000 sat range has been a very weak area for the bulls in the downtrend, and for the bears in the uptrend. Right now, I'm not too concerned as the OBV gives us a nice bullish case in the short-medium term.
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$RLC, Crossing above ~6100sats resistance level with volume..$RLC
Crossing above ~6100sats resistance level with some volume (not great)...
Crossing above EMA50/200 on the 1D chart with UCTS Indicator signaling an earlier buy signal..
I'm looking for a potential R/S Flip as entry at this level with target at ~7K sats (20%+)
#RLC
RLC/BTC TA Update (Long Term Bullish Pattern?)RLC/BTC
Looking at the bigger picture of RLC, this is technically bullish as long as the price can hold the 200 Day MA in the coming weeks.
But RLC's number 1 enemy right now is the downward trend-line resistance
which keeps the price respecting it from the peak High 10k sats area.
If RLC breaks this trend-line, form a new Higher Low and consolidate within the bullish buying area.
I wouldn't surprised to see further growth or retest previous High at 10k in the future.
Bearish scenario if the price closes below 200MA that will signal the pullback hasn't done yet and we could see the coin drop to 2.5k sats area.
RLCBTC Bullish Cup & Handle Updates & Targets 200%#RLCBTC Cup & Handle Pattern Chart Updates:
I told you about this bearish scenario So you saved your fund.
and I hope you are waiting for Best Buy entry.
according to my chart analysis Best Entry will be 4500 Satoshi.
But but keep an eye on chart also guys.
if 4500 Satoshi level also breakdown then free fall till 3500 Satoshi .
And my next level for entry will be 3000-3600 satoshi .
So guys you also follow my Twitterrrrr for each and every crypto Updates.
and in short term I will say scenario of RLCBTC
Now my key level for buy:
Support-1
&
Support-2
if Breakdown Support-1 then exit and wait for Next Level of Support-2 and
If our any entry filled before breakout then our Target after Breakout:100%-200%
so keep an eye on our every updates.
Stay tuned
RLCBTC Cup&Handle Pattern like #LEND/BTC 300% within weekRLCBTC Now Looking Very Bullish in Weekly Time frame.
If This will break out handle trundling then our Target will be very Big like 200%.
and
and
and If not breakout upper side Trendline then we placed Bid for Buy around 4400 Satoshi and 3500 Satoshi.
This is strongly Buy zone.
50 Day moving average is Working a strong Resistance at 5961 Satoshi.
If weekly candle close above 5961 Satoshi then we are extremely Bullish and our Target will be 100% and 200%.
and also keep an mind
in weekly candle 30 days MA is Strong Support at 4408 Satoshi.
so our first buy Zone will be 4000-4408 Satoshi.
and 3500 Satoshi is Very Strong Support if break down 30 days MA support.
but we are Trader so keep an mind also MACD in weekly Time frame is Not good.
This indicates bearish sign mean Some Retracement.
so I can prepare for My 2 Buy zone.
Wait for 1st buy zone if fill then keep an eye on chart. if bullish then set sell targets and if bearish then wait for 2nd Targets.
iExecRLC Starts To Bounce | Easy 41% Mapped! iExecRLC (RLCBTC) was one of the first altcoins to go bullish this past summer and this one produced amazing results for us, we have been looking at this altcoin project/pair for years.
Here is an example:
Now, I am taking a closer look and looking at this short-term.
iExecRLC (RLCBTC) on the 4H Timeframe
First, we can clearly see volume going higher as EMA10 is broken and EMA50 challenged.
Strong bullish divergence is now active on both the MACD and RSI.
The RSI is now really strong reaching almost 60.
The red dashed line where RLCBTC found support, is also te 0.786 Fib. retracement support for the complete bullish wave that took place after the early Sept. '19 low was hit. Increasing the odds that this is where the bounce will take place.
Here is the full chart on the daily timeframe:
Conditions for change
If the last low is broken at 0.00004948, the above signals become invalid and a new analysis is needed. Always make sure to have a plan before you trade with an in and out strategy.
Thanks a lot for your continued support.
Namaste.
RLC Alt-Dominance RLC/BTC RLC/USD RLC dominating the Alt-coin market and as it looks like the party just begunn.
Monthly Stoch shows strong momentum so we can expect some more month where RLC will dominate the market.
Ofc this will aslo be reflected in RLC-token price.
Have fun! Follow me if you want.
$RLC, Pushing against resitance level at ~8k sats with volume1/ $RLC
Ton of tweets about this asset today!
HTF view: over 200% since UCTS buy signal on the 2D chart (INSANE run ), signals on this timeframe usually works pretty good as you can see in the chart
zooming in into current status at the 1D chart:
Pushing against resitance level at ~8k sats with volume
EMA50/200 showing a golden cross
Buying right now seems risky, as always, lets see if it manages to flip current level into support for a potential entry with target at ~10k sats (25%)
#RLC