RLC/ETH REVERSAL OPPORTUNITY (REVERSE SYMMETRICAL TRIANGLE)
Updated
iExec RLC / Ethereum
Technicals
Fundamentals
*Decentralised Oracles, Cloud Computing
*Enterprise Marketplace Launch Q1
*Collaboration and research with large industry players in the tech sector
*Total Supply = 86,999,785 RLC
*Circulating Supply = 80,070,793 RLC
Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
Technicals
- Bullish Divergence on MACD Daily
- Reversal on Stoch RSI Weekly
- Reverse Symmetrical Triangle Pattern
- 5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
- Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
- Break of the down trend line on USD and BTC charts
Fundamentals
*Decentralised Oracles, Cloud Computing
*Enterprise Marketplace Launch Q1
*Collaboration and research with large industry players in the tech sector
*Total Supply = 86,999,785 RLC
*Circulating Supply = 80,070,793 RLC
Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
Trade active
Strong breakout, awaiting continuation onto TP1 and TP2.Disclaimer
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