RLCBTC trade ideas
RLC with more than 40% profit Buy Opportunitywithout making it very tall i tray all the the time to make my ideas very simple as best as i can
young coin like iExec with project of Cloud Computing and Building the first marketplace for Cloud resources. can be a good choice to go long with it ...
analysing the chart :
1- cup pattern showing it self very clear at the chart with breakout from the green line it may tell us that we are looking to test the support line one time next to complete the handle of the cup .
2- MACD looks prety good at 4H chart and this is a bullish signal.
3- breakout with strong volume
shortly moving to the targets near the next prices :
0.0001686
0.0001888
0.0002081
keep updating will need few likes to make me happy doing that all the day
iExec (RLC) Downward Trend Reversal. Ready for a Breakout?I've been long BINANCE:RLCBTC for a while now. It's safe to say that I've taken a beating since late January. This issue was only exacerbated by the
COINBASE:BTCUSD downward trend. However, I'm seeing a potential trend reversal in the charts! So let's break this down.
BINANCE:RLCBTC has tested the black curved line FOUR times since the spike in late January. To me, it looks like the bears are tired. We see that the RSI is showing that BINANCE:RLCBTC was oversold when it hit the black resistance line for the fourth time. Right before this, we saw the downward channel established from the spike and the high on the 13th of February. My only hesitation is that we're not seeing a strong rally nor a strong volume over the past couple of days. Hopefully, we'll see this in the next coming days. If we do, I think that we'll see a strong bullish rally and the establishment of an upward-sloping channel.
I'm long-term bullish about BINANCE:RLCBTC , but I'm now short-term bullish as well. I'm tired of taking a beating on this coin, aren't you? The next few days will be telling, so stay tuned for my updates on BINANCE:RLCBTC . If I'm right, that's great for all of us and I'll continue to track the reversal. If I'm wrong, I think we can all learn a bit about the potential failings of technical analysis.
I'd like to hear your thoughts on BINANCE:RLCBTC ! Is this the end of the downtrend? Or will we see BINANCE:RLCBTC continue to lose ground to COINBASE:BTCUSD ? Please comment below, as the more input we see, the more informed we are!
*** This is not a recommendation to buy or sell, this is for educational purposes only! ***
RLC - iExec is Another Binance Sleeper(Trade this coin on Binance from the link in my signature below!)
I know absolutely nothing about this coin but took a look at it because of a recommendation from Turnip in our Crypto Cartel Discord. Check us out in my signature below.
I love this chart and the fact that it was recently listed on Binance. It's had a few preliminary pumps that have all been sold off.
This coin is still a very low volume coin at ~125 BTC in volume, however, it trades in a rectangle, best seen on the 3H candle due to the limited history of the coin.
Best entry is somewhere between here at 20,000 Sats and the prior relevant low at 18,000 Sats.
This coin has an approximate 80,000,000 supply and a current $180,000,000 market cap.
Assuming a break upwards to the 0.786 of the current cycle and a stop loss around 15,000 Sats, we have a trade that looks oversold and should be ready to go with a 3.44 risk-to-reward ratio.
When RLC picks up 1,500-2,500 BTC/day in volume on Binance again it's going to do exceedingly well.
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
dafoh.org
RLC on Binance!RLC just fot listed on Binance. This chart doesn't show much, but I post charts linked to Binance because that is what I trade on. On other exchanges RLC is in a down channel. I am expecting this to continue and am looking to acquire at a lower price.
I will update as needed.
