RLC LongHi, it's the guy never profits from his trade0,s again.
Saw this coin from another guy and thougt it's a good buy oppourtunity.
Going with a tight stop loss.
RLCUSDT trade ideas
#RLC risking one more position My first trade was against BTC pair -
now entering one more position on USDT pair as i have tethered out 70%
Expecting BTC to go sideways for next week so this will give chance for alts to flourish!
#notfinancialadvisor
#DoYourOwnResearch
Binance Hot list coin August 18, 2020 : RLCUSDT #1Looking at the RLC, it's now forming the potential flag pattern as well. Beside that, the price is now trending slightly above the white region which is becoming the strong resistance and has an alignment with the golden pocket zone as support. A bounce from this level potentially brings back the price to test the upper line of this down trend channel around $1.86 - $1.9.
Cup and Handle pattern on #RLC $RLCCup and Handle pattern on #RLC $RLC . The pattern is only valid if it breaks through the white line.
ANOTHER RLCUSDT Cup and Handle scenario Okay, soooo we've gotten a solid dip in price below $1.50. I really want to see RLC break this descending channel it is currently in and break the $1.55-$1.60 price range which would strongly signal RLC will be retesting the $1.70-$1.85. Let me know what yall think :D
RLCUSDT analysisWe can buy at support (1.2USDT) and sell at resistance (1.7USDT). If we get sell 1, sell2 or hell signal, we must sell immediately.
The Cup and Handle ThingyRLC seems to be holding above $1.50. If RLC continues to regain momentum from the other day we could see it blow last 1.70-1.85... Need to see volume continue to hold otherwise we could see RLC fall back down
RLC Back In ActionRLC is back up moving closer to its relative all time high we saw back in June. RLC is now sitting around historic sell side pressure and if we can see RLC maintain its current price and consolidate around 1.70 i have no doubt we will see a break up above 2 dollars testing 2.15-2.35+ but again i want to see RLC maintain this relative price level after having a nice bull run. Let me know what you guys think :)
