#RLC
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.13
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.15
First target 1.17
Second target 1.20
Third target 1.25
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.13
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.15
First target 1.17
Second target 1.20
Third target 1.25
Trade closed: target reached
#RLCFirst target 1.17 Reached
Second target 1.20 Reached
Third target 1.25 Reached
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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.
🚨 For More Signals Join Telegram Channel ( Futures/Spot )
👉 t.me/CryptoSignalFuturesSpot
👉 t.me/CryptoSignalFuturesSpot
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.