RLC/BTC (Wait For Breakout Direction)
RLC/BTC
-iExec RLC is currently forming a symmetrical triangle
-The best trading strategy here is to but the breakout direction
-Currently, it is testing the local resistance around 14100 sat range
-You may enter aggressively on the break of local resistance
-2nd idea is to place Buy orders once the downward trendline resistance is broken
-3rd trading option is to buy on retest/pullback after breakout confirmation
-All depends on your risk appetite how you will approach this market
-Please, always follow your trading plan once entered the battlefield
-iExec RLC is currently forming a symmetrical triangle
-The best trading strategy here is to but the breakout direction
-Currently, it is testing the local resistance around 14100 sat range
-You may enter aggressively on the break of local resistance
-2nd idea is to place Buy orders once the downward trendline resistance is broken
-3rd trading option is to buy on retest/pullback after breakout confirmation
-All depends on your risk appetite how you will approach this market
-Please, always follow your trading plan once entered the battlefield
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