RLCBTC trade ideas
RLCBTC. Falling wedge OFF!Forget to publish the chart...
-In 4h the little wedge is also broken.
-Volume seems to increase.
-Falling wedge is now out depending on Fib retracement.
-In the long term, weekly and yearly, you can see that it made the dip and even started to go UP.
Target points are 470(%45) and 600(%85).
Prediction is prediction.
PATIENCE and TAKING PROFIT are the keys...
iExecRLC Bullish Triangle (Over 25% Potential Profits)iExecRLC (RLCBTC), for which we shared a chart recently, is trading above a bullish triangle. This pattern can produce a breakout that generates up to 25% profits or more.
The RSI is bullish sitting at 60.55.
The MACD is on the bullish zone with the histogram going in favor of the bulls.
RLCBTC is currently trading above EMA5, EMA10, and EMA50.
Conditions for change: The above triangle becomes invalid if there is a candle close below 0.0000333.
Feel free to hit like or follow to show us some love.
Namaste.
iExecRLC Hits Oversold (Volume Breakout), Chart Turns BullishiExecRLC hit oversold recently on the RSI after hitting a new all-time low on Binance.
We are also looking at bullish divergence on both the MACD and RSI... Here is the long-term chart where you can spot the divergence:
Looking at iExecRLC (RLCBTC) short-term, daily time frame, we can see a volume breakout; we are looking at the highest volume since March, as well as a very strong green bullish candle.
RLCBTC has the potential to bounce and move up from here.
Enjoyed this content? Feel free to hit like if you want to show your support.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
RLC Breakout Coming..!!$RLC #RLC (Update)
Falling Wedge In Daily TF..
Volume Increasing..
70-100% Profit Expected In Next Few Days..
Introduction...!!!
iExec has developed the first blockchain-based decentralized marketplace for trading cloud resources. It uses the blockchain to organize a market network where everyone can monetize their computing power, applications, and datasets. By providing on-demand access to cloud computing resources, iExec supports the most compute-intensive decentralized applications in fields such as AI, big data, fintech or 3D rendering.
Hit Like On Idea For Support..
Thanks
RLC Long - Potenial 90% profitRLC has respected the demand zone multiple times.
RSI just crossed the 30.
A close above the 10 EMA would be an excellent confirmation. It already did on other exchanges but not yet on Binance.
This trade needs IMO 3 to 7 weeks, so patience is key. As you know the markets loves to reward patient people!
750 sat is IMO an achievable target.
SL and targets are in the chart.
Like & Follow for more trading ideas. And let me know if you agree or disagree with the trading idea. We can learn from each others insight.
PS: NEVER NEVER forget your Stop Loss!
RLC breaks strong resistance, could go up higherBINANCE:RLCBTC
RLC has high chance of breaking out strong resistance of last month, facing first Fib. local resistance.
TRIX + MA/TRIX indicator (see link below) pointed out good trend for RLC, strengthen bullish sign.
On overall RLC is good to invest for short-term profit (this week).
Details are as shown in chart.
RLC/ BTC! Falling Wedge!RLC/BTC! BULLISH Divergence on the day chart stochastic rsi! Within this falling wedge .0000466 is my bottom. I'm awaiting a close on the 4 hour to see if the next target will be support or resistance. Overall it's a great reward to risk probability in my opinion. Please let me know what you think of my technical analysis and thank you.