Iexec RLCIexec proved to be difficult to price since the high of January 2018. Holders who bought at ICO have had there patience tested.
The teams development and promising collaborations attracted more buyers which shows in a giant bullish pattern forming.
We see what we want to see in these charts, but if the 0,80$ support holds and collaborations become use cases (from February 2021 onwards), we should see a serious price appreciation next year.
Thanks for looking and stay safe!
Sven
RLCUSD
RLCUSDT: Possible Long (21.10.2020)On D1, the price has broken the trend line. A strong divergence has formed between the price and the RSI.
An upward impulse was formed on H4, after which the price corrected to the level of 23.6% (mirror level - 76.4%).
We recommend buying RLC in order to keep the position above $ 1.2
RLC/USDT gave a good demonstration of what is to come?RLC/USDT gave a good demonstration of what is to come.
It recently broke the bearish wedge going just below the 0.78% Fibonacci retracement level. After this movement, it is now showing signs that the buying zone will return hobbled on the chart to make new highs.
The profit potential is plotted on the chart.
This is just my idea, not financial advice.
Always do your own research.
RLC/BTC (Triangle Pattern? Bearish?)BINANCE: RLCBTC
-The price retested the previous support area
-A good bounce happened and will likely retest the trendline resistance
-The 8400 sat range is a strong confluence of previous resistance turned support
-How do you trade this market situation?
-Buy at key support with a tight stop loss and target the trendline resistance
-2nd is to buy the breakout of the trendline resistance because it will signal a trend change
-This is a high-risk trade so please use small allocation only
^Trading involves High Risk
^Not Financial Advice
^Please exercise Risk Management
**If you like my daily Published Ideas
**Please don't forget to leave a thumbs up & comment
**Happy Trading! Thank you! :)
RLC / BTC Triangle. U-turn zone. Past idea + 355% (+ 475%)RLC / BTC at the moment, a symmetrical triangle with a fantastic base of 190% is forming on a trading instrument after pumping on a pullback. Enter on a breakout or retracement after a breakout to a breakout of this formation.
The coin has acceptable liquidity and has a margin that allows it to work in two directions. Available on Binance and Bitfinex.
It is worth noting that since this asset brought an acceptable profit and even after a rollback the price is far from the zone of the main players' recruitment, I recommend that beginners not participate in trading, especially on margin. Margin is not a game against price, but a game against the stock exchange.
Less risk - less profit! More risk - more profit! Excessive risk - zeroing the deposit!
Intermediate traders who know what risk management is and the right entry point can start trading when a good entry point appears. I have been trading the coin since May 13 (5).
Previous idea profit is + 355% without margin and leverage. A trading idea that was published a little earlier + 475% . I fully accompanied the price from the very beginning of the trend, as I actively participated in trading. You can see this in the updates under the last two trading ideas. The entry point was given a few days before the start of an uptrend at the lowest price.
Past trading idea for this pair:
RLC / BTC Falling Wedge Local work.
Result + 357% from the entry point. In the trading idea itself, see in more detail how I followed the price in the trend.
+ 357% exactly at the price level indicated in the last update of the idea.
The last idea. Published just before the trend reversal.
RLC / BTC Downlink. Bull bat. Double bottom. Super pump.
Result. + 474% The price has almost reached the specified "fantastic target level". Likewise, the price was accompanied by updates.
A trader's behavior in the market is the result of his thinking. Whoever understands the thinking of the majority can turn it against the majority. This is not magic. This is the level of intelligence and experience.
Your way of thinking affects your habits, and your habits are basically what makes money or loses it in the market. Put more emphasis on study and training rather than making money. It will pay off.
RLCUSD Can give massive gains.RLC can be one of those assets which can show massive Gains.
-After a major downtrend during these bear markets we have seen RLC Showing some good Strength with almost making a good higher high along with a higher low while flipping its resistance for support.
-After conquering EMA50,100,200 it showed us some strength which can be considered as one of the bullish factors.
-The price also bounced from EMA50's Support.
-While We can Also See a formation of Cup along with handle being started to form it plays another good sign for the price to move upwards.
-Price Might consolidate a bit before starting its upward movement.
-Based on the chart patterns TP's are marked along with support zones.
-SL manual: Daily Close below Support Zones.
Thanks & Regards.
Aanuj Tated
This is not Financial Advice. DYOR
RLC/BTC (Wait For Breakout Direction)RLC/BTC
-iExec RLC is currently forming a symmetrical triangle
-The best trading strategy here is to but the breakout direction
-Currently, it is testing the local resistance around 14100 sat range
-You may enter aggressively on the break of local resistance
-2nd idea is to place Buy orders once the downward trendline resistance is broken
-3rd trading option is to buy on retest/pullback after breakout confirmation
-All depends on your risk appetite how you will approach this market
-Please, always follow your trading plan once entered the battlefield
Bullish Cup and Handle Pattern What a beautifull cup and handle pattern. Normally is the handle slope downwards. But I like to make it a 'U' from.
High volume within the big 'U'. Low volume within the smaller one.
Exactly how this pattern is been made of!
This might explode to the upsidr anytime.
Not a financial advice. Do your own calculations.
RLC TARGETS short target ( next days ) : 1.38 usd
middle target ( last month ) : 1.60 usd
long target ( end 0f 2020 ) : 2.8 usd
iEXEC RLC ✅ Massive Uptrend! Horizontal Levels To Keep an Eye on💬 iExec's RLC token "runs on lots of computers" and RLCs price action just keeps running.
We are coming up to the last point of resistance for RLC's USDT chart, and logically it may be time for another pullback.
If and when we get that pullback there are some juicy support levels to look for if RLC is to make new highs (new highs could be in the cards given RLC's correlation with other alts making waves recently; see the related ideas).
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Higher Timeframe overview:
Support:
S1: The S1 S/R flip is the first level of support for RLC. This one could see a reaction on the way down or perhaps hold in a quick corrective move if the bulls are adamant about not correcting until resistance is fully breached.
S2: The S2 orderblock is the next best bet for the bulls if S1 can't hold. If S2 doesn't work as support, it should at least see a reaction as price moves past it.
S3: The S3 orderblock at the minor price pivot point could be the perfect entry for bulls looking to enter during a period of consolidation. If one is trying to enter with resting orders, it makes sense to put at least some portion of your orders here.
S4: If S4 can't hold, then our last level of interest is the S4 S/R flip. A quick retest of the prior range before moving up makes sense, so getting a fill here is optimal if RLC is to keep running.
Resistance:
R1: The R1 orderblock cluster at the All-Time High (ATH) range is the only resistance on our chart, but it is a big point of resistance. This is not only the lone resistance on our chart, but it is the last resistance on the RLC chart in general. It is very likely price struggles here.
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Summary:
If bulls can break resistance either now or after consolidation, the sky is the limit. Entering while price is going up into support doesn't make sense. Entering on a pullback to one of these levels could pay off if proper risk management is used. Otherwise playing a breakout of resistance has some logic in it as well. That said, any long-term RLC holder has to be thinking about taking profits here... there isn't another target left on the chart.
Resources:
www.newsbtc.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
RLC/BTC 100% Profit Booked and still 200% more Potential#RLCBTC 70% + 30% Profit Update:-
#RLCBTC currently Trading at around 6400 Satoshi.
#RLC Gave Huge profit within Few days.
As you know i told you to Buy #RLC between 3500-4000 satoshi.
If you also Remember last Time #RLC price Spiked till 5600 Satoshi then i told you to sell and Book Partially Profit.
And When dump then also suggested to buy at Retest at 4900-5000 Satoshi.
Now
70% Up from 1st Entry.
30% Up from 2nd Entry.
Total 100% Profit within few days.
so I suggest you guys please Secure Profit.
if you want hold then you can sell 70% #RLC and hold 30% RLC.
Guys If you really happy then Please Click LIKE Button and Appreciate my hard work.
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Thank you.
RLCBTC now 50% profit but 329% ride still waiting#RLCBTC TA Updates:-
#RLCBTC Now trading at Support level or retest level.
Hope you are now 50% profit in RLCBTC.
But still you not enter then It will be good entry.
Re entry:- 5000-5200 Satoshi
Targets:- 8196/10689/13209/15620 sat
Every dip is good Buying opportunity for me.
Guys if you also booked profit and also Happy with our Analysis then Please LIKE and Comments.
Must follow me for latest crypto Updates.
Thank you.
RLC/BTC (Two Bullish Patterns?)RLC/BTC
-3D TF is forming a potential bullish descending channel
-we can also see on the left side history
-if the pattern breaks to the upside
-there is a chance of an inverse H&S is likely in play
-now, to trade this descending channel
-we wait for the break of the trendline resistance
-to confirm the market direction and our bias decision
-the pattern target is the swing top up to 10633
RLC critical moment.Hello Traders,
RLC/BITCOIN is about to make a decision of the future trend direction, we are above a important support level, but on it seems to be a bearish acumulation pattern, now is time to be pacience and wait for more clear indications to go with the trend.
On the chart we mark important informations as entry points, and our objectives of the two direction,
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.