RLCBTC trade ideas
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.
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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.
rlcbtc about to break???What we see on the daily chart:
- 650 seems to be the bottom so far after this big retracement
- volume coming in, buyers stepping up? Tight candles suggest there still are some sellers left, but it looks like an area where buyers might step up big time and sellers run out, but we need to keep in mind btc is still the boss here
-RLC likes to move fast , I would trade this of the daily and aim for a 20-30% move
- also RSI bottomed
RLC - Free Trade SignalRLC/BTC
Strategy: Oversold conditions. Tweezer bottom signalling possible reversal. Expecting three white soldiers.
Buy Around - 674 - 695
T1 - 730 (7%)
T2 - 779 (14%)
T3 - 831 (21%)
Stop-Loss - 655 (4%)
Risk / Reward
T1 - 1 / 1.5
T2 - 1 / 3.2
T3 - 1 / 4.5
P/L Opportunity
Upside: 7 - 21%
Downside: 4%
RLCBTC a profit possibility up-to 290%The price action has retraced between 0.786 to 0.886 fibonacci and still has 25MA support on 2 weeks chart.
This is the potential reversal zone insha Allah from here it will take a bull move.
The targets are:
Buy between:
0.0000912 to 0.0000591
Secure sell targets:
0.0000996 to 0.0001424
Aggressive target sell zone:
0.0001789 to 0.0002306
Regards,
Atif Akbar (moon333)
#rlc dipping at monthly low.......guys grab some #RLC from binance……
technical ranges - 660-675....
selling targets will be - 705-745-790+(open)
STOP - 655 FOR SCALPERS
- 645 FOR SWINGERS
oversold on 4h and days frame....
td finished on each time frame...…
highly volatile coin having trend line support …..
MAKING A KIND OF FALLING WEDGE ALSO...…….