#RLC/USDT#RLC
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.40
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.61
First target 1.70
Second target 1.82
Third target 1.96
Rlcusdlong
#RLC/USDT#RLC
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 1.95
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 2.00
The first goal is 2.20
Second goal 2.32
Third goal 2.47
#RLC/USDT#RLC
The price is moving within a falling channel on a 1-day frame, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 3.20
First goal 4.09
Second goal 4.48
Third goal 5.05
#RLC/USDT#RLC
The price is moving in a triangle pattern on the 4-hour frame, about to break to the upside
The area in green is a very strong support area, and the price rebounded from it at the price of 3.40
We have an upward trend on the RSI indicator
We have a higher stability than move Average 100
Entry price is 3.85
The first goal is 4.05
Second goal 4.43
Third goal 4.80
#RLC/USDT#RLC
The price moves in a triangle pattern on a 1-hour frame
It is expected that the triangle will be penetrated upward with stability above the Moving Average 100
We have strong support to rely on at the lower border of the triangle
Also we have oversold on MACD
Current price 2.36
The first goal is 2.47
The third goal is 2.55
Third goal 2.66
#RLC/USDT#RLC
The price broke the descending triangle upwards on a 4-hour frame
Drawing support from the green support area
We have support from the RSI indicator
We have a higher stability of Moving Average 100 that supports the rise
Expected to rise on targets
Entry price 2.38
The first goal is 2.45
Second goal 2.52
The third goal is 2.60
RLC/USDT Forms Falling Wedge Pattern with Strong Support!💎 RLC/USDT exhibiting a falling wedge pattern on the price chart which indicates a period of consolidation before a potential upward breakout.
💎 One key aspect of the falling wedge pattern is the presence of a strong support level. The price of RLC has consistently found support near a specific price point, which has prevented further downward movement.
💎 If the downward support is breached, meaning the price drops below this level and fails to recover quickly, it would invalidate the falling wedge setup.
💎 A break below support could signify a change in market sentiment, potentially leading to further downward pressure on RLC.
💎 However, as long as the strong support level holds, the falling wedge pattern remains valid and suggests a potential bullish move.
Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long RLCNot sure wtf RLC is but getting some confluence on the charts. Most other dog shit pumped off the 1 hour 200 D MA already but RLC is lagging, going to see if I can catch a pop here. Tight Stops. Cup and handle confirmed, really tracking the 200 Moving, also holding the HTF purple trend line. Think we get a pop. Not advise.
Trading Signal For RLCUSDT iExec RLCTrading Setup:
There is a Trading Signal to Buy in RLCUSDT iExec RLC.
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.960
⭕️SL @ 0.715
🔵TP1 @ 1.625
🔵TP2 @ 2.050
🔵TP3 @ 2.585
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
iExec RLC formed bullish Gartley for upto 88.50% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
On a daily time frame, RLC has formed a bullish Gartley pattern.
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 trade
RLCUSDT Triangle Formation!RLCUSDT (1H CHART) Technical Analysis Update
Triangle Breakout
RLC/USDT currently trading at $2.97
Buy-level: $2.94 - $2.96 (Wait for the small retracement)
Stop loss: Below $2.82
Target 1: $3.08
Target 2: $3.20
Target 3: $3.56
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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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.