Iexecbtc
IEXEC RLC / BITCOIN - Long Term TrendA great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle
Fundamentals:
Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models), etc.
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
Technicals:
Weekly MACD histogram showing bullish flip on the weekly chart
Parabolic SAR indicates a start to a potentially strong uptrend on the daily chart
Price broke out of the long-term bullish descending wedge and formed a medium-term bullish descending wedge
Price forming Ascending triangle on 4h chart
Long-term Gann line acting as support should the ratio drop
EMA Cross on daily (20 EMA ready to cross above 50 EMA)
Fractal points to a future price increase up to at least red horizontal or orange resistance lines
Targets for RLC/BTC
TP1 = +-0.00021
TP2 = +-0.00026
TP3 = +-0.00039
TP4 = +-0.00057
iExec breaking out. Big pump possible Currently RLCBTC is gaining a lot of momentum.
SMA 100
RLCBTC has tested the 100 SMA quite extensively over the last month. After it broke out downward of the Ichimoku cloud beginning of september we were negative on the performance of iExec. But the SMA 100 was succesfully tested.
Potential MACD crossover coming up
A bullish crossover occurs when the MACD turns up and crosses above the signal line. The Blue Line is now at equilibium and when it crosses the orange line iExec will gain a lot of momentum.
The Kijun Sen
The Kijun Sen (blue line) gives a bullish signal since it is now trading above it.
All and all the signals are looking good but RLCBTC first has to conquer the bottom of the Ichimoku cloud before it can go to its old highs.
iEXEC RLC ✅ Massive Uptrend! Horizontal Levels To Keep an Eye on💬 iExec's RLC token "runs on lots of computers" and RLCs price action just keeps running.
We are coming up to the last point of resistance for RLC's USDT chart, and logically it may be time for another pullback.
If and when we get that pullback there are some juicy support levels to look for if RLC is to make new highs (new highs could be in the cards given RLC's correlation with other alts making waves recently; see the related ideas).
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Higher Timeframe overview:
Support:
S1: The S1 S/R flip is the first level of support for RLC. This one could see a reaction on the way down or perhaps hold in a quick corrective move if the bulls are adamant about not correcting until resistance is fully breached.
S2: The S2 orderblock is the next best bet for the bulls if S1 can't hold. If S2 doesn't work as support, it should at least see a reaction as price moves past it.
S3: The S3 orderblock at the minor price pivot point could be the perfect entry for bulls looking to enter during a period of consolidation. If one is trying to enter with resting orders, it makes sense to put at least some portion of your orders here.
S4: If S4 can't hold, then our last level of interest is the S4 S/R flip. A quick retest of the prior range before moving up makes sense, so getting a fill here is optimal if RLC is to keep running.
Resistance:
R1: The R1 orderblock cluster at the All-Time High (ATH) range is the only resistance on our chart, but it is a big point of resistance. This is not only the lone resistance on our chart, but it is the last resistance on the RLC chart in general. It is very likely price struggles here.
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Summary:
If bulls can break resistance either now or after consolidation, the sky is the limit. Entering while price is going up into support doesn't make sense. Entering on a pullback to one of these levels could pay off if proper risk management is used. Otherwise playing a breakout of resistance has some logic in it as well. That said, any long-term RLC holder has to be thinking about taking profits here... there isn't another target left on the chart.
Resources:
www.newsbtc.com
✨ Drop a comment asking for an update, we do NEW setups every day! ✨
RLC fundamentalsiExec has several upgrades coming in July and September. That should be a good reason for price to grow. Consider this trade mid/long term as below targets are for 20% to 70% profit. Worth waiting.
Right now moves within descending channel and now at the higher border of it. Either will bounce once again from 4900 support and breakout. Or pullback down to 4500 - 4000 and move sideways there till the same trendline until it breakout.
🛒 Under 4500
✊ HODL targets 6500 - 7000 - 7777
RLCBTC forming bullish Shark | A good long opportunityHi fox hope you are well, In my previous post the iExec RLC (RLC) formed bullish Shark on 4 hour short term chart and this trading idea produced more than 64% profit:
Now this time on 1 hour chart is forming another harmonic pattern and this time it is another bullish Shark. All legs are formed now the priceline is forming last leg.
The Pattern:
Lest’s dig the pattern deeper to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.886 to 1.13 Fibonacci then the priceline will be ready to take bullish or upwards move.
Buying And Sell Targets:
The buying and sell targets according to harmonic Crab pattern should be:
Buy between: 0.00006681 to 0.00006501 sats
Sell between: 0.00006855 to 0.00007228 sats
Stop Loss:
The potential reversal zone area which is up to to 0.00006501 sats can be used as stop loss in case of complete candle stick closes below this level.
IEXECBTC (requested analysis)I would personally not jump in at this point however if you have been in I would hold. I dont see anything obvious here other than breaking out however its too oversold for me to justify a buy in. This isnt very helpful but I can not in good confidence give a positive or negative call with this chart pattern. However there are other patterns that looks like that are going to mimic this chart.. OMGBTC being one of them.
God Speed,
Mr. Manbearpig
RCLBTC has formed bullish Shark | Upto 19% move expectedPrice action of iExec RLC / Bitcoin has formed a bullish Shark and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00006448 to 0.00006137
Sell between: 0.00006712 to 0.00007328
Regards,
Atif Akbar (moon333)
RLCBTC has touched the support after a year|Upto 234% potentialThe priceline of iExec / Bitcoin Cryptocurrency is moving within a pennant and hits at pennant's support after Aug 2018.
The price action has found a strong support at 0.00003080 sats and strong resistance at 0.00012261 sats.
Now the candle sticks are hitting the 0.00003080 support and after hitting at support the MACD has turned weak bearish from strong bearish.
RSI is entered in oversold zone after Dec 2018, from here the price action will take bullish divergence soon insha Allah.
I have defined the targets using Fibonacci sequence and the sell targets are as below:
Sell between 0.00006587 to 0.00010296
Regards,
Atif Akbar (moon333)
iExec (RLC) 2nd Chance + Bottomed Out (150%+ Profits Potential)After RLC broke our stop loss, a second chance has appeared. You can now buy back in 20% lower and prepare for the next run. This time we go LONG, since we are already at the bottom.
Note: There can be one last final drop, that is for Bitcoin and the entire cryptocurrency market. If it does come, we wait patiently for the market to reverse.
Just as nothing can go up forever, in the same way, nothing can go down forever. The market moves in cycle and a trend change is overdue.
UPCOMING EVENTS
-> iExec RLC (RLC) - 18 October 2018.
Off-Chain Computing: "Privacy-preserving off-chain computing with Intel SGX"
TRADE INSTRUCTIONS by Alan Masters
Buy in: 0.000100 - 0.000118
RLC Targets:
(1) 0.000146
(2) 0.000172
(3) 0.000201
(4) 0.000224
(5) 0.000281
Trade instructions: Hold long. Wait for the targets.
Capital allocation: 3%.
Time: 1-2 months.
Enjoy the trade!
Namaste.
#rlc update: Bullish & Bearish view #iexecrlc #rlcbtc #crypto
#RLC after forming a bearish reversal pattern i.e bearish butterfly around the 30ksats resistance, has dropped over 30% .
Currently doing an ABC ZIg-Zag with c point expected to be: 18.5-20ksats , at the uptrend line support and 61.8fib region .
Bearish Ts-Ks crossover in 1D t-f
50DMA resistance: 20.3k sats
RSI : bearish, curving below 50,
however there's hidden bullish divergence indicating the downside momentum is now weakening.
In 4H t-f
RLC is below the cloud and facing strong resistance from 20k-24ksats region.
Bullsih view: If we get confirmation of price reversal around the 18.5-20ksats region i.e at the uptrend line support and 61.8fib region .
Bearish view: If rlc breaks below the uptrend line then next support level is at the 100DMA support: 16.5k sats
iExec RLC vs Bitcoin Uptrend Is ValidSince April, iExec RLC has been steadily moving upwards and gained 180% against the Bitcoin in just 6 weeks. Price went from 1k satoshis up to the 3.2k satoshis high, where it formed a double top.
Nevertheless trend remains bullish and RLC/BTC continues to reject the uptrend trendline and the 50 Moving Average, while producing higher highs and higher lows. On the recent corrective wave down, RLC found the support at 50% Fibonacci retracement level, that is 2120 satoshis. The support has been rejected cleanly, suggesting that the uptrend might continue.
But the confirmation of the uptrend would be preferable and break and close above the 3k satoshis resistance could be the first signal. Then RLC/BTC could jump towards the strong resistnace area, between 5.3k and 5.5k satoshis, that it confirmed with the Fibs retracement applied to the corrective wave down after the breakout of the 2120 resistance.
The downtrend could take place only if the 3k resistance will not be broken and price breaks below the 2120 support and the uptrend trendline.
iExec RLC: NEW EXHANGE LISTINGS = 20.88% PROFIT!!!Our "Crypto Bottom" Signal has correctly identified a buy in point on the 17th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 20.88% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 28: iExec is featured in Forbes.
April 6: iExec co-Founder, Dr 0.95% . Haiwu He, Selected as an Expert of the China Computer Federation. It has only 78 members in total.
April 19: iExec Chosen as a 2018 Red Herring Top 100 Europe Winner.
April 28: iExec recently announced a collaboration with Ubisoft
May 7: iExec is featured on the tech segment of the (a leading news channel in France) about its collaboration with Ubisoft.
May 15: iExec announces its compatibility with RSK 0.35% , a side-chain that enables smart contracts on the the Bitcoin -0.03% blockchain.
May 16: iExec announces the imminent release of iExec v2 in 2 weeks.
May 16: Hashed, a Korean blockchain project accelerator and investment fund announces that it has included iExec in it's investment portfolio.
May 17: Intel -2.39% and iExec have started a parrtnership which aims to develop privacy-preserving offchain computing.
May 17: CEO & Co-Founder of iExec, meets the French Minister of The Economy to discuss the rising decentralised economy.
(NEW) May 18: Gate.io lists iExec RLC.
(NEW) May 18: TokenJar lists iExec RLC.
These positive developments including the new exchange listings as well as a general recovery in the cryptocurrency markets have led to a surge in price of iExec RLC.
**The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.**
iExec RLC: NEW DEVELOPMENTS - 24 HOURS = 58.45% PROFIT!!!Our "Crypto Bottom" Signal has correctly identified a buy in point on the 16th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 58.45% PROFIT!!! in 24 HOURS
The increase in price may also be explained by positive developments including:
March 28: iExec is featured in Forbes.
April 6: iExec co-Founder, Dr. Haiwu He, Selected as an Expert of the China Computer Federation. It has only 78 members in total.
April 19: iExec Chosen as a 2018 Red Herring Top 100 Europe Winner.
April 28: iExec recently announced a collaboration with Ubisoft
May 7: iExec is featured on the tech segment of the (a leading news channel in France) about its collaboration with Ubisoft.
May 15: iExec announces its compatibility with RSK , a side-chain that enables smart contracts on the the Bitcoin blockchain.
May 16: iExec announces the imminent release of iExec v2 in 2 weeks.
May 16: Hashed, a Korean blockchain project accelerator and investment fund announces that it has included iExec in it's investment portfolio.
May 17: Intel and iExec have started a parrtnership which aims to develop privacy-preserving offchain computing.
May 17: CEO & Co-Founder of iExec, meets the French Minister of The Economy to discuss the rising decentralised economy.
These positive developments as well as a general recovery in the cryptocurrency markets have led to a surge in price of iExec RLC.
The "Crypto Bottom SIgnal" used in this analysis is included as part of the Crypto Trade Signals subscription.
iExec (RLCBTC): Huge potential as releases arriveWith big releases to come during this month (v2.0/Marketplace) RLCBTC is perfoming very well during last weeks. Cup and handle pattern just being confirmed. We see a big potential growth from current levels, we could see it around 65k during this month.
iEx.ec (RLC) - Strong Uptrend (430%+ Profits Potential)I looked at this coin almost a month ago. One of my lovely supporters/followers asked for my help and I did a quick analysis. Yes it was at the bottom, at that time it would have been great. But we just moved into an uptrend, so now it is also great.
Sitting at the rank of 141 in the top cryptocurrency list. iEx.ec (RLC) costs $1.97 USD.
People tell me about all the "features", the news and the rest. In the end they are looking for the price to go up, so that they can gain and sell. If that's the goal, then the charts have something that they can tell.
No, let's look at this coin. US... let's trade.
IMPORTANT: Patience is the key. Give this trade several weeks.
*** Instructions:
Buy-in: 0.00013 - 0.000168
Stop-loss: 0.00009502
Targets:
(1) 0.000188
(2) 0.000244
(3) 0.000333
(4) 0.000400
(5) 0.000480
(6) 0.000710 (New all time high)
*** Indicators:
- I will show you the 2h chart first. I don't do this short term, because I like the look of the channel. I believe it's beautiful. We are obviously on an uptrend and this coin was slow for long.
2H chart:
- Everything looks positive on this chart. The nice curve done by the candles and all the indicators (MACD, RSI and DMI). Only the STOCH is a big lagging but that one moves really fast. So we are not bothered by it. We do not care.
- In the daily chart, which is the main chart above, you can see the uptrend channel. This is enough for me. The indicators are not "perfect", but they will get to where they need in a few days. Allow this trade time to develop so that you can maximize your gains.
- The weekly chart looks good. The RSI and MACD show plenty of room for growth, and we have nice green candles for the past 4 weeks. Look at it and tell me what you see...
*** Today is a message of love
Today I have love for you.
Today love is what I have to share.
Yes, this trade will make you money, but the main feeling for me is to share.
To share this knowledge that came from nowhere, to give me this job that I love so much.
To share these words every single morning, that can inspire your heart of gold.
I don't want to take too much of your time.
When you read this, please also send back to me some of your love.
All you have to do is say "Alan, thank you, I will love myself always, no matter what in the past I've done wrong".
Thank you for your message, my dear follower, I accept your love.
Namaste.