Get started

Rlcusdtanalysis

Key Moment for RLC: Breakout Opportunity or Bearish Threat?Yello, Paradisers! Is #RLCUSDT setting up for a powerful bullish continuation, or are we facing a bearish rejection? Let’s dive into the key levels you need to watch right now. 💎#RLC has made a strong rebound off its support, showing promising signs of strength. A successful breakout from the falling wedge pattern could confirm a bullish continuation. For this, we need a daily close above the trendline to validate the breakout. If this happens, the next target would likely be the minor resistance at $2.67. This level is crucial because a breakout here could lead to the highest probability of reaching the major resistance level. 💎If RLC fails to break the falling wedge and faces rejection with bearish candles, the price might drop back to retest the support zone around $1.87–$1.72. 💎The real concern arises if RLC fails to rebound from this support and breaks below it. In this case, the price would likely continue its downward trajectory toward the strong support at $1.30. 💎The $1.30 level represents the last line of defense for the bullish scenario. A rebound from here, followed by a reclaim of the $1.87 support, is necessary to reignite bullish momentum. 💎However, if RLC breaks below the major support at $1.30 and a daily candle closes under this level, it would confirm a bearish trend, with the potential for further downside and deeper dips. Strive for consistency, Paradisers, and trade smart. This market rewards the disciplined and punishes the impulsive. Let’s stay focused and make the best decisions possible. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
RLCUSDT Critical Levels Ahead – Is a Big Move Coming?Yello, Paradisers! Is #RLCUSDT ready for a breakout, or is a pullback on the way? Here’s what to watch: 💎If #RLC successfully breaks above the key resistance at 1.835, we could be looking at a strong bullish move. The optimal approach here is to wait for confirmation of the breakout before entering the market. If this level holds and momentum builds, we could see a significant upward move toward our target area. 💎However, if RLC fails to break this resistance and faces rejection, the price is likely to return to the strong support area as it continues its current consolidation phase. This could signal a sideways movement before any clear trend emerges. 💎The bullish outlook becomes invalidated if RLC breaks below the strong support level at 1.28. A breakdown here would indicate potential for further downside movement, leading to a deeper dip. Stay patient and disciplined, and remember: successful trading relies on strategic entry points and risk management. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
2
RLC/USDT Lose Moment to upward, Keep an eye on the OB or demand.💎 RLC has recently encountered significant developments in the market. There is potential for RLC to retest the Bullish OB around $3.55 before resuming its upward movement and possibly reaching our target area. 💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8. 💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.
by MyCryptoParadise
1
RLC/USDT Facing strong resistance, Could RLC breakout this area?💎 RLC has witnessed significant developments in the market. Currently, RLC is facing strong resistance in the market. Just a few days ago, RLC attempted to break through this resistance but faced a hard rejection, causing the price to retest the support area. 💎 Now, RLC is once again attempting to break through this formidable resistance level. If this attempt succeeds, it could trigger a bullish momentum, leading to a significant upward movement in price and probability reaching our target at the bearish OB area. 💎 However, if RLC fails once more to break through the resistance and displays bearish rejection candles similar to what occurred previously, there is potential for the price to retreat back to the support level around 1.85 to gather momentum for another attempt. 💎 The support area is of utmost importance, and a bounce from this level is necessary. If RLC is unable to sustain its position above the support, indicating a breakdown of support, it could lead to a shift back to a downward movement, potentially revisiting the demand area or even going further down.
by MyCryptoParadise
RLC/USDT It required Break out the resistance or rejected ??💎 RLC has undeniably garnered significant attention in the market. Currently facing resistance, RLC needs to break out of this level to sustain its upward trajectory. The perfect bounce observed from the demand area suggests a potential breakout of the resistance in the near future, the probability an easy movement toward our target area. 💎 However, if RLC struggles to break the resistance, there's a possibility of a retracement, with RLC returning to test the demand area multiple times. 💎 The bad scenario is confirmed if, during the retesting phase at the demand area, RLC fails to maintain its position and undergoes a breakdown. In such a case, RLC may shift to a bearish trend, potentially retracing to the strong support area.
by MyCryptoParadise
1
RLC/USDT Need to Break the pattern to continue Upward Movement💎 RLC has certainly garnered our interest. Currently positioned in a pivotal zone, RLC needs to overcome the constraints of the falling wedge pattern and breach the supply zone to ignite a bullish surge. 💎 A successful disruption of these barriers could pave the way for RLC's ascent towards the resistance level. Historical trends highlight RLC's repeated setbacks upon encountering this resistance, underscoring the critical nature of this threshold for facilitating a smooth advance towards further supply zones or even the Bearish OB territory. 💎 Conversely, if RLC falters in its attempt to shatter the pattern and penetrate the supply realm, it may face a reversal, prompting a retreat to the demand zone for momentum recalibration. This scenario necessitates a robust rebound from RLC to avert a descent through the demand layer, which could otherwise precipitate a slide towards more profound support foundations.
by MyCryptoParadise
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
by MyCryptoParadise_Simon
iExec RLC price will be able to repeat the growth as in 2020 ?What is iExec RLC? iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets. This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as: "big data", healthcare, artificial intelligence (AI), rendering, and fintech. Application vendors can monetize their algorithms, and data providers who own valuable datasets can make them available for use through iExec So why should you pay attention to RLC if the price stays above $1.30 in the coming days/weeks? the project was founded in 2016, and the RLCUSD, RLCUSDT trading pair has been on crypto exchanges since 2017 (it has survived more than one crypto winter, and is still developing) RLC token reached its maximum price at the peak of the DeFi boom, as it is directly related to the DeFi sector. RLC token can be used in the field of "artificial intelligence (AI)," and the hype around it is only gaining momentum. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
39
RLCUSDT AnalysisHello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 6 - 7.5 - 9 after first target reached move ur stop to breakeven stop: ~under 3.2 (depending of ur risk). ALWAYS follow ur RM . risk/reward 1 to 5 risk is justified Good luck everyone! 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.
Long
by trytofeelpositive
6
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
Long
by 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.
Long
by ttcompanyy
2