🧇RLC - Resistance ahead but the price is well supportedAfter getting rejected in the area of major resistance the price went down and found support in the area of confluence of many support levels: key level(4.01), 200EMA, dynamic support- bottom trendline of parallel channel (aqua) and some local levels. We can expect another breakout attempt soon.
Entry: buy between current price and 200EMA (flexible)
Targets:
--!! important notice: Targets might not be relevant because of the event that had place during the pump in April/May. RLC trading on Binance was disabled, while the price was pumping on other exchanges. Once the trading was brought back, the price skyrocketed trying to keep up with the global price ignoring previously established levels !!--
4.65
4.91
5.69
6.62
8.99
11.65
16.37
--------------------------
About iExec RLC:
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more.
Source: coinmarketcap
RLCUSDT
RLCUSDT Technical Analysis⏳ Spot
💎 RLCUSDT has formed a descending channel and after the rejection from the support line the price is moving to the resistance zone. After the breakout we can expect a bullish move
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💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 4.022 - 3.801
☕️ TP1 4.259
🍺 TP2 4.627
🍻 TP3 5.000
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.801 - 3.556
Good Luck 🎲
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RLCUSDT Technical Analysis⏳ Spot
💎 RLCUSDT has formed a descending channel and after the rejection from the support line the price is moving to the resistance zone. After the breakout we can expect a bullish move
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 4.022 - 3.801
☕️ TP1 4.259
🍺 TP2 4.627
🍻 TP3 5.000
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 3.801 - 3.556
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a profitable day 😊👍🏻
RLCUSDT - 270% Profit after PullbackWait for the best time to arrive. That is, after the pullback, it is broken to the surface of the triangle.
Pay attention to the SL and TPs that I put, and after reaching the same TPP, save your profit and never be greedy.
Hoping for financial success for all investors.
Follow me on TRADINGVIEW , if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions(Looking for investors!).
🧇 iExec RLC 1D- testing key levelThe price broke out of daily dynamic resistance and is now getting close to key level (4.01). To confirm this entry I'd like to see a breakout from the purple channel (go to lower timeframes to see it)
Long-term targets:
TP1: 4.91
TP2: 5.69
TP3: 8.99
TP4: 11.65
TP5: 16.37(~300%)
TP6: OPEN++
-------------------------------------
About iExec RLC:
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more.
Source: coinmarketcap
RLC looks good for swing trade#RLC (update)
Technical analysis:
Symmetrical Triangle Upside Breakout ✅ and its breakout the downtrend as well as trading above the both MA's (21 & 50-Day MA), and the beginning of parabolic uptrend is expected. well risk & reward setup for swing trade.
Take Profits:
TP1= @ 5.78
TP2= @ 9.10
TP3= @ 12.60
TP4= @ 16.50
SL= below 3.50 usdt on daily closed bases
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Now, It's your turn!
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#RLCcoin #crypto #nextmove #bullmarket #dailyclosed
RLC ab=cd pattern#RLCUSDT
$RLC broke out long term descending resistance lines. there is one more descending resistance that its angle can be the same as ascending support line, that can reject #RLC price to the support line again.
a break above that resistance can complete AB=CD pattern around $6.5.
RLCUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
rlc cupagain :) cup handle again :) it is amazing
Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects.
While the method has proved fruitful for many projects, the price performance for iExec RLC (RLC), a blockchain-based decentralized cloud computing network that recently listed on several centralized exchanges, shows that CEX listings still carry the most weight when it comes to initiating price movements.