Get started

iExec RLC / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

RLCBTC trade ideas

iExec - Blockchain-Based Decentralized Cloud ComputingLooking at the current price action, RLC/BTC is forming a double bottom, which so far has been rejected. This could invite buyers over the coming weeks, resulting in a correctional move upwards or even a trend reversal. Nevertheless, Moving Average has to be broken for the wave up to start, only then price could be heading towards one of the Fibonacci resistance levels. But on the downside. if current support is broken, the upside potential would be compromised, where buyers could be getting out of the iExec. All-in-all its an interesting time for this coin, not to mention the huge potential of the decentralized cloud computing.
by CryptalDash
Despite Fundamentals, RLC remains A Low Volume P&DI once held a position on this coin, but sold eventually at a loss because I saw that people were very quick to dump this coin. Unfortunately, even though the fundamentals may be strong, price action tells me that investors don't see any value in holding this token for some reason. This can also be reflected in their online community, which remains quiet. Investors do look at online communities to gauge confidence, whether you like it or not. This is sad to me because this coin has a great partnership and is indeed being used. Unfortunately, iExec has become a pump and dump coin and is in danger of dying out. What proves this is the HUGE sell volume on the recent pump that took it almost to the 1000 mark. Many people had sell orders up there, who have been eager to dump this coin for months. Unsurprisingly, it crashed down to support immediately after the pump. Until RLCBTC can sustain a price bump and establish a new support (ideally above 1000), I won't personally be comfortable buying into this coin. I also wanted to point out something interesting that I've noticed. Going back to the Spring and Summer of 2018, RLCBTC has alternated pump and dumps with ENGBTC. More recently, they seem to pump and dump on alternating days. Just a pattern I've noticed. Perhaps the whales enjoy these coins because they are low cap with a somewhat low supply. They also generally trade at low volume, so they're easy to manipulate. This is not investment advice, and I'm not a professional financial advisor. This is just an observation I made, and it is purely my opinion. However, I marked this as "education" because I think it's important for people to note WHY I sold a while back, as understanding price behavior is important when looking at long term investing. So far, I've been right in removing it from my portfolio, because it has since failed to sustain any sort of rally. Of course, that can change : ) This is crypto after all! -Victor Cobra
by VictorCobra
8
Periodic analysis: the dip after ten days later, profitRlc Periodic analysis: the dip after ten days later, they are making a profit Time of exchange ..: 10 days after earnings Goal ..................: Earnings (5-10-15-20% ... etc)? can be taken out. Note ..................: Earlier 10 days earnings: 68% 28% 39 Turkuaz region ......: Although the price is the same, buyers and sellers displacement zone. Trend up. No need to wait 10 days (5-10-15-20% ... etc) and can be taken out. Follow if you like my opinion. press the like button
Long
by baggajey
RLCBTC Chart Looks COOL.. Jump ExpectedRLCBTC 1D Chart forming Adam & Eve Double Bottom , which is a bullish signal. MACD also green histogram forming . All time High 3200 Satoshi. Current Price 774 Satoshi. *****If You Like My Ideas,then hit the like button & Follow me for Latest Updates..****** Disclaimer: I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose. This information is not a recommendation to buy or sell. It is to be used for educational purposes only. " Be Happy, Be Disciplined & Keep Smiling "
by iamiyaranjan