RLC Breakout One of my trader just brought RLC to my attention and it looks pretty good imo.
If you missed LINK or BAND trades, you might not want to miss on RLC.
RLCUSDT trade ideas
#RLC/USDT bearish cypher playHITBTC:RLCUSD
RLC is making a bearish cypher pattern. Playing the D wave. It's on TD 3 of sell so after that i'll be buying the dips. PCZ is 0.786
(2H) Binance, RLCUSDTdisclaimer:
-> this is not financial advisor, please think before action
-> read the chart carefully
-> check with other referrence
-> dont be greedy, take profit often
RLCUSDT Correction has been sweaty RLCUSDT has had a really solid correction from the top with a 25%-ish drop. Looks like the falling knife has been caught and we have begun consolidation. Building up for the longer term bull run which will range from 2.20-2.50 and potentially higher :D
RLC read to move higherRLC had an amazing day yesterday, lets see if it can reach our targets in the next 48 hours. Look for the break and keep stops in place.
RLC/USDT - Long - Potential 12%
Look after your portfolio and it will look after you & If you liked this idea, please like and subscribe to my profile
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
Bullish divergence on RSIAlts are currently soft so keep stops in place. Bullish setup with room to the upside.
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
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
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.
RLC/USDT LONG Swing Trade RLC/USDT movin bullissh flag , now comin lower border and MA200 , buy 43xx , near target 49xx . SL 41
Possible RLC PathRLc is between the paralel trend lines and it bounced from the point EMA50, 2 Trend Lines and strong S/R zone intersected.
Daily RSI and MACD have high values. Firstly, price decreasing expected but then it can rise
RLC/USDTHello friends
Based on my analysis of the daily time form, this currency is in an upward channel and I expect it to reach the targets I have set for it.
be successful and victorious
