RLCUSDT trade ideas
🧇 iExec RLC 1D- testing key levelThe price broke out of daily dynamic resistance and is now getting close to key level (4.01). To confirm this entry I'd like to see a breakout from the purple channel (go to lower timeframes to see it)
Long-term targets:
TP1: 4.91
TP2: 5.69
TP3: 8.99
TP4: 11.65
TP5: 16.37(~300%)
TP6: OPEN++
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Source: coinmarketcap
🆓iExec RLC (RLC) Oct-21 #RLC $RLCRLC is moving towards 5.5$ and 7$ from this 4.2$ zone. If it loses this zone, it will fall down sharply to 3.4$ or even 2.8$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 4.2$ zone
🔴
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 4.2$ zone
🔵
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
RLCUsdt rdy for pump now rlc i before analyse so dont change taregts and this analyse for remembering you now on pullback
this breack triangle after pullback can pump up
this coin move with Polkadot so that move this big pump
GL
you can see targets on chart but little wait pullback finish
but we know on cryptocurrency any time classic and technical can not happen and go up
GL
RLC looks good for swing trade#RLC (update)
Technical analysis:
Symmetrical Triangle Upside Breakout ✅ and its breakout the downtrend as well as trading above the both MA's (21 & 50-Day MA), and the beginning of parabolic uptrend is expected. well risk & reward setup for swing trade.
Take Profits:
TP1= @ 5.78
TP2= @ 9.10
TP3= @ 12.60
TP4= @ 16.50
SL= below 3.50 usdt on daily closed bases
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RLC ab=cd pattern#RLCUSDT
$RLC broke out long term descending resistance lines. there is one more descending resistance that its angle can be the same as ascending support line, that can reject #RLC price to the support line again.
a break above that resistance can complete AB=CD pattern around $6.5.
RLCUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Rlc update by vicSomeone commented that I should do update on $rlcusd so here it is so for now we broke below the previous uptrend and as you all know support breaks turns resistance and we are trying to retest the resistance so we might get a dump but if price Breaks into that resistance line that will be a change of trend.
Summary;we are bearish for now
Do you guys remember the last update I did on $rlc we dumped as planned
Share
Thanks for reading
GOOD LUCK TRADERS