RLCBTC Cup&Handle Pattern like #LEND/BTC 300% within week
RLCBTC Now Looking Very Bullish in Weekly Time frame.
If This will break out handle trundling then our Target will be very Big like 200%.
and
and
and If not breakout upper side Trendline then we placed Bid for Buy around 4400 Satoshi and 3500 Satoshi.
This is strongly Buy zone.
50 Day moving average is Working a strong Resistance at 5961 Satoshi.
If weekly candle close above 5961 Satoshi then we are extremely Bullish and our Target will be 100% and 200%.
and also keep an mind
in weekly candle 30 days MA is Strong Support at 4408 Satoshi.
so our first buy Zone will be 4000-4408 Satoshi.
and 3500 Satoshi is Very Strong Support if break down 30 days MA support.
but we are Trader so keep an mind also MACD in weekly Time frame is Not good.
This indicates bearish sign mean Some Retracement.
so I can prepare for My 2 Buy zone.
Wait for 1st buy zone if fill then keep an eye on chart. if bullish then set sell targets and if bearish then wait for 2nd Targets.
If This will break out handle trundling then our Target will be very Big like 200%.
and
and
and If not breakout upper side Trendline then we placed Bid for Buy around 4400 Satoshi and 3500 Satoshi.
This is strongly Buy zone.
50 Day moving average is Working a strong Resistance at 5961 Satoshi.
If weekly candle close above 5961 Satoshi then we are extremely Bullish and our Target will be 100% and 200%.
and also keep an mind
in weekly candle 30 days MA is Strong Support at 4408 Satoshi.
so our first buy Zone will be 4000-4408 Satoshi.
and 3500 Satoshi is Very Strong Support if break down 30 days MA support.
but we are Trader so keep an mind also MACD in weekly Time frame is Not good.
This indicates bearish sign mean Some Retracement.
so I can prepare for My 2 Buy zone.
Wait for 1st buy zone if fill then keep an eye on chart. if bullish then set sell targets and if bearish then wait for 2nd Targets.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.