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iExec RLC / TetherUS

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RLCUSDT trade ideas

RLC/USDT Lose Moment to upward, Keep an eye on the OB or demand.💎 RLC has recently encountered significant developments in the market. There is potential for RLC to retest the Bullish OB around $3.55 before resuming its upward movement and possibly reaching our target area. 💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8. 💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.
by MyCryptoParadise
1
iExec RLCWhat Is iExec RLC (RLC)? iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets. It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm. Total Supply 86,999,785 Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago. ------------------------------------ Trading Parts : ------------------------------------ Buy Zone : 4.7$ (Now) - 4$ (Rebuy More) TP1 : 7.5$ (Security TP) TP2 : 15-16$ TP3 : 24.5$ STOP : 2.8$ ------------------------------------ Stay Safe + Follow TheKing Happy Tr4Ding !
Long
by thecryer
26
RLC/USDT Indicating continue the upward movement for RLC!💎 RLC has recently undergone notable market dynamics. Following its breakout from the supply area, RLC experienced a significant upward movement, with no retesting observed thus far. 💎 RLC can retest the demand area and subsequently bounce for further upward movement. However, if RLC breaks the resistance without retesting the demand, it could signal a continuation of the upward movement towards our target area. 💎 On the other hand, if RLC fails to bounce during the retest of the demand area and instead breaks below it, this could be interpreted as a bearish sign. In such a scenario, the price of RLC may continue its downward trajectory, leading to further declines.
by MyCryptoParadise_Nathan
RLC/USDT Facing strong resistance, Could RLC breakout this area?💎 RLC has witnessed significant developments in the market. Currently, RLC is facing strong resistance in the market. Just a few days ago, RLC attempted to break through this resistance but faced a hard rejection, causing the price to retest the support area. 💎 Now, RLC is once again attempting to break through this formidable resistance level. If this attempt succeeds, it could trigger a bullish momentum, leading to a significant upward movement in price and probability reaching our target at the bearish OB area. 💎 However, if RLC fails once more to break through the resistance and displays bearish rejection candles similar to what occurred previously, there is potential for the price to retreat back to the support level around 1.85 to gather momentum for another attempt. 💎 The support area is of utmost importance, and a bounce from this level is necessary. If RLC is unable to sustain its position above the support, indicating a breakdown of support, it could lead to a shift back to a downward movement, potentially revisiting the demand area or even going further down.
by MyCryptoParadise
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis Description --------------------------------------------------------------- + RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations. + Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target. + Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 3.870 Stop Loss: 3.383 ------------------------------ Target 1: 4.191 Target 2: 4.490 Target 3: 4.996 Target 4: 5.762 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023Logarithm. Time frame 1 day. Secondary trend. Working with a wedge . Breakout, pullback after breakout. Showed percentages, two targets in succession and two options if the breakout will be now or after another decline when forming a wedge from key support zones. Stop loss on such coins before reversals is usually knocked out. Its length does not matter (large slippage due to liquidity) The chart earlier is a witness to it. If you are working from the average buy/sell price , then put the average price between the two zones in your risk management, it is more rational. Hope for the best, but expect the worst. As a rule, breakouts on similar cryptocurrencies of such liquidity take place in impulses by a significant percentage. Take profits and forget it, move on to another similar coin before the breakout. Pump/dump coin is not for accumulation. Low and medium liquid alts. Try to take the momentum, that is, the first movements of the trend reversal (breakout of the wedge), do not emphasize the instrument (crypto coin), it is all conditionally crypto garbage. Use the given time, don't use high leverage + protect profits if they are substantial. There is no real shock capitulation yet, whether they will do it or not is another question.... But always more yes than no. 🧠 Mani and risk management. . In any case, always follow mani management, less margin, more spot. Limit potential risks, especially on HYIP garbage, observe adequate risk management especially when working locally, no matter you are working with stop loss or from average buy/sell price. Risks are calculated in advance, not post facto. Set adequate targets as for a local trend, without hamster x's (i.e. maximum channel range or a little more than the average price of targets (according to TA) of the wedge. Line chart.
Long
by SpartaBTC
3
✴️ Easy 80% Bullish Jump Confirmed | iExec RLCWe have a strong chart with many great signals pointing to a nice jump, it can happen fast as soon as confirmation comes in. ➖ iExec RLC produced a higher low in August 2023 vs June 2022, a long-term higher low. ➖ This is the fifth session to close bullish (green). 5 weeks straight. ➖ Volume is rising and this week marks the first bullish close above EMA50 since January 2023. ➖ These signals are supported by a strong RSI. 👉 We can see 80% growth fast and easy , this is no big deal. With more possible long-term. This is not financial advice. Remember to do your own research and planning because the charts can always change. Thank you for reading. And thanks a lot for your continued support. You are appreciated. Thanks for the follow. 👑 Namaste.
Long
by MasterAnanda
1
RLC Buying Frenzy: Seize the Opportunity Now!## RLC Coin: Recent News and Disclaimer (as of February 15, 2024, 09:43 CET) **Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. **Recent News:** * **Red Light Finance (RLC) announced a partnership with Chainlink on February 13, 2024.** This partnership will integrate Chainlink's decentralized oracle network with RLC's lending platform, enabling access to secure and reliable off-chain data. This could potentially increase the transparency and efficiency of the RLC platform. * **RLC's price has seen some volatility in recent weeks.** After reaching a high of $0.012 on February 9th, the price has since fallen to around $0.008 as of today. This is likely due to the broader market downturn in cryptocurrencies. * **There are no major fundamental updates for RLC at this time.** However, the team is continuously working on developing the platform and expanding its ecosystem. **Additional Notes:** * It is important to be aware of the risks associated with investing in cryptocurrencies. The market is highly volatile and there is a chance that you could lose all of your investment. * It is important to do your own research before investing in any cryptocurrency. This includes understanding the project's whitepaper, roadmap, and team. * You should only invest what you can afford to lose. I hope this information is helpful. Please let me know if you have any other questions.
Long
by MoonTradingForecast