2 options on the table right nowResistance at 11.
Support at 9.8.
Either RLC will hit 50% again(FIBR) and bounce back up to resume bull run.
OR
It'll keep dropping passed to the 61.8% zone and will keep price of 10.5000 for a while.
Personally I think RLC is close to surpassing the $14! Let's see how it develops
RLCUSDT
RLCUSDTThe price is going to form a M pattern. The details are shown for you on the chart. However, we have shown only 10 percent of it which you can easily gain profit from.
"We suggest you to use leverage 2 or 3 to have more ease of mind while trading. You can use higher leverages if you hold more margin in your Futures' wallet. Good luck!"
RLC/SUDT : Broke falling wedge ! BINANCE:RLCUSDT
Hello everyone 😃
RLC had a breakout from falling wedge which is making it more bullish !
How ever it's still moving into a big rising wedge but majority will be bullish for this coin.
There wasn't any important gesture in last 10 days...
📌 Also volatility is being bullish...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
RLC/USDT : Indicators are being bearish BINANCE:RLCUSDT
Hello everyone 😃
RLC is moving into a bearish rising wedge.
Now MACD and Volatility are at their limits and they are being bearish.
Also Wedge higher line is near, so it will rejects any continuation for bulls...
MA 200 is located 1.9$ and it's reaching 2.1$'s support zone,
How ever MACD it's trying to support it's lower limit !
📌 2.1$ support zone could be a good retest point for RLC.
🔴 Funding is very high, So it's to wait for a better points to enter market !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
"Wicks and tails want to be eaten" "Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.