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iExec RLC Perfectly Mapped, Long-Term Chart +188%
iExec RLC / Bitcoin
Long
iExec RLC Perfectly Mapped, Long-Term Chart +188%
By AlanSantana
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Jun 7, 2020
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Jun 7, 2020
We already looked at iExec RLC (RLCBTC) short-term, this chart is shared at the bottom of this post.
Now, we are looking at RLCBTC long-term, weekly (W) timeframe.
Here we have a very strong bullish chart... 100% green signals, let's get started!
First, we have a strong wave that corrected all the way down to the 0.786 Fib. retracement support... Now, prices are starting to jump.
We have prices moving above EMA10 and also EMA50 weekly. Going above EMA50 on the weekly timeframe is a very strong bullish signal.
The trading volume is going in favor of the bulls (green).
The MACD is showing a young bullish crossover.
The RSI is curving up.
Broken falling wedge pattern (the falling wedge is a bullish pattern).
Perfectly hit higher low.
All of these signals are pointing UP! ...
Remember to hit LIKE to show your support.
Namaste.
--------
Previous chart perfectly mapped | May 9
alanmasters
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