RLCUSDT trade ideas
RLCUSDT ANALYSİSI have 2 positive signals so that ı am neutral at the moment
If you bought this coin with EngineeringRobo' buy signals at the end of the April .You have 5x profit. I congratulate to you
If you want to buy this coin you can wait for turning resistance line($ 1,7759) to support line or you can buy at support line ($ 0,6742)
After buying this coin, watch carefully EngineeringRobo' s sell signals
If you want to use EngineeringRobo please dm me.
RLC/USDT - Long - Potential 12%
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PAIR: RLC/ USDT
T/F: 1 HOUR
LENGTH: Short
RISK - Medium
ENTRY: 8725
TP1: 9118
TP2: 9783
BONUS TP: KEEP OPEN AND FOLLOW WITH STOP LOSSES
SL: 8272
NOTES:
- Uptrend
- Support Break up candle
- Rejection candles
- Minimal above resistance
KEY:
BONUS TP - It could continue to rise to a significant high although it is either very long term or a high rist target. REcommended to follow by securing profits with trailing stop loss.
LENGTH:
SHORT = 1-2 DAYS
MEDIUM = Less than 1 week
LONG = Less than 1 month
RISK:
LOW = EG Stong support // Multiple bounces // Strong uptrend // Oversold // Breakout > Pullback > Support // Rejection Candles
MEDIUM = EG. Broken support // Trend Reversal // Consolidation
HIGH = EG. Not fully brokend Support // Overly mature uptrend
***Please note that all of my suggested Entries, TP's and SL's always ignore any precursor 0's***
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am
iEXEC RLC ✅ Massive Uptrend! Horizontal Levels To Keep an Eye on💬 iExec's RLC token "runs on lots of computers" and RLCs price action just keeps running.
We are coming up to the last point of resistance for RLC's USDT chart, and logically it may be time for another pullback.
If and when we get that pullback there are some juicy support levels to look for if RLC is to make new highs (new highs could be in the cards given RLC's correlation with other alts making waves recently; see the related ideas).
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Higher Timeframe overview:
Support:
S1: The S1 S/R flip is the first level of support for RLC. This one could see a reaction on the way down or perhaps hold in a quick corrective move if the bulls are adamant about not correcting until resistance is fully breached.
S2: The S2 orderblock is the next best bet for the bulls if S1 can't hold. If S2 doesn't work as support, it should at least see a reaction as price moves past it.
S3: The S3 orderblock at the minor price pivot point could be the perfect entry for bulls looking to enter during a period of consolidation. If one is trying to enter with resting orders, it makes sense to put at least some portion of your orders here.
S4: If S4 can't hold, then our last level of interest is the S4 S/R flip. A quick retest of the prior range before moving up makes sense, so getting a fill here is optimal if RLC is to keep running.
Resistance:
R1: The R1 orderblock cluster at the All-Time High (ATH) range is the only resistance on our chart, but it is a big point of resistance. This is not only the lone resistance on our chart, but it is the last resistance on the RLC chart in general. It is very likely price struggles here.
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Summary:
If bulls can break resistance either now or after consolidation, the sky is the limit. Entering while price is going up into support doesn't make sense. Entering on a pullback to one of these levels could pay off if proper risk management is used. Otherwise playing a breakout of resistance has some logic in it as well. That said, any long-term RLC holder has to be thinking about taking profits here... there isn't another target left on the chart.
Resources:
www.newsbtc.com
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RLC/USDT - LONG - POTENTIAL 24% - ALL TIME HIGH???PAIR: RLC / USDT
T/F: 1HR
LENGTH: MEDIUM/LONG
ENTRY: 7295
TP1: 7514
TP2: 7972
TP3: 9022
S/L: 6848
NOTES:
- Sitting on support
- Oversold on RSI Deviation
- Warning could breakdown hard based on historical movement
- Breakout to pullback
- Strong Uptrend
- Minimal resistance above, could see a new all time high
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile.
Please always trade with caution, manage your trades and stop-losses This is not professional financial advice, just my thoughts and trades I am taking please trade safely and responsibly.