RLCUSDT trade ideas
RLC : BREAKOUT EXPECTING $2.5RLC showing an important breakout trend and it seems ready to enter a new volume trend.
RLC did not show for long term this signal, we will follow it coming time to see what it can do in the short term
FOCUS price action is above $2.5
all markets can be very risky, do always study, as this is only our view and not trading advice.
RLC IEXEC LONG TRADE 20221212Signal: Red -> Green
RLC, IEXEC, RLCUSD, RLCUSDT, RLCUSDTPERP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
RLC potential big moveRLC is an Ethereum token (web3 crypto) of IExec, specialized in cloud computing. In the roadmap of the company, they intend to announce "RLC Learn & Earn" program in 2023. Will it be a new hype after "Play & Earn" with AXS, "Run & Earn" with (STEPN) GMT? Let wait until then... But at the moment, RLC seems to make a big move the next days.
RLC's prices have been consolidating in a diamond pattern for almost 4 months. A breakout is expected to be very soon. RSI is also at the breaking point. An upside rally would be favored (indeed the pattern looks like a diamond bottom one), but let's play safe and wait until confirmed breakout to enter.
* Tommorow, markets would have high volatility with the PCE report on inflation in the US.
RLC/USDT - November 22Right now RLC is in wedge and can move both ways. Yesterday there was fake breakout and now its again in wedge. I am bullish for this coin because its was not much down as compare to others and it holds its main support of 0.80 . We have to see this coin very carefully because it has retested its main resistance and support multiple times.
Right now its main support is 0.80 and if it breaks then it can touch 0.60 and for upward movement it should break 1.23 and 1.45 properly.
If you want to buy this coin then Stoploss should be 0.80 and if you want to sell then 1.23 should be stoploss. Best think is to wait for breakout from both sides and then open a trade. No need to throw yourself in the middle.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
RLCUSDT(IEXEC RLC) Daily tf Range Updated till 21-11-22RLCUSDT(IEXEC RLC) Daily timeframe range. performing on a days like where btc dumping is real props right there. It got retail interest and pretty known to p and d groups. as you can see some nasty wicks. beside that it do have pretty decent swing setups all over its range levels.
RLCUSDT is testing the demand zone
The price is testing the demand zone and needs to hold it.
IF the price is going to lose this support we could see a new bearish impulse until
the daily support.
How to approach it?
IF the price is going to lose the support and retest ads new resistance, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
RLCUSDT | BULLS HOLD SUPPORTRLCUSSDT has been trading under the falling resistance on shorter time frame. The price approached to support zone and bulls took control form there.
Previously too bulls hold the support zone.
Now the price has broken above the falling resistance.
We are expecting a price can be pulled back from here.
Manage your trades accordingly.
RLCUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RLCUSDT
According to our previous analysis on October 12, we predicted a falling trend to happen after and now our prediction came true. There are R2 and R1 as our resistance areas which both include the disability of the price to rise. And S2 used to be another resistance area in our chart. At the present, we have the fluctuation of price above S1 and our expectation will be a rise to reach R1 and there we should receive some confirmation candles in order to have a decline predicted and then our short position is activated. When we have these signs, a fall will be waiting for the price toward S1. In case the price moves above R1, surely it would face more rise.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
