RLC/USDT Ready to Take Juicy Liquidity Present Above? 👀🚀💎Paradisers, eyes on #RLCUSDT as it dances within an ascending triangle, hinting at a thrilling upward breakout. If it breaches through, brace for a significant bullish wave.
💎Here's the twist: if #iExecRLC stumbles at the triangle's lower edge, we're banking on a bullish pivot from the $2.83 support. This level is drenched in liquidity, marked by past rallies and vibrant green candles.
💎If GETTEX:RLC dips below $2.83, watch for a bullish swing from the $2.078 zone. A failure to rebound here might unleash a sell-off spree. Stay nimble and prepared to shift gears as we chart #RLC's course through these market waves.
Iexecrlc
iExec RLCWhat Is iExec RLC (RLC)?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
Total Supply
86,999,785
Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago.
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Trading Parts :
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Buy Zone : 4.7$ (Now) - 4$ (Rebuy More)
TP1 : 7.5$ (Security TP)
TP2 : 15-16$
TP3 : 24.5$
STOP : 2.8$
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Stay Safe + Follow TheKing
Happy Tr4Ding !
RLC/USDT Potential Break the pattern ?? Bullish Momentum for RLCYello Paradisers, RLC Analysis: A Strong Bounce and Bullish Signs
💎 RLC experienced a significant bounce after touching the Bullish Order Block (OB) area. This zone also coincides with the support trendline of a falling wedge pattern. After consolidating for a few days, RLC surged yesterday.
💎 The recent candle close displayed a strong green candle, indicating high potential for RLC to break through both the supply zone and the falling wedge pattern's resistance. If this breakout is successful, it could signal a bullish momentum for RLC, with the likelihood of continuing its upward trajectory.
💎 Invalidation Scenario: This bullish outlook would be negated if RLC retraces back to the Bullish OB area, breaks it, and closes below it.
iExec RLC Should Resume Bullish Move SoonIf we successfully remain above the neckline, we should go for the weekly's inverted HS pattern targets at 1064 and 1490.
We nearly hit 1064 on the first move up after crossing the neckline, and then nearly lost the neckline after closing below it briefly.
There is also a golden cross on the 50/200 day EMA and this is our 2nd time approaching a cross back in the other direction, the first unsuccessful. If this 2nd attempt at a death cross is also unsuccessful, the bull case gets much stronger, and 1490 could be easily exceeded. Not pictured is the golden cross on the 50/200 day MA, which is still golden ;)
✴️ iExec RLC (Update by request)This is a reply to @kush23456 in the comments section, this might be useful to others that follow RLCUSDT.
It looks quite ready to move forward.
First, here is RLCUSDT weekly:
- Last week it moved above EMA50 and this week EMA100 and EMA10.
- This is happening after 5 weeks of correction and within a higher low.
- These are strong reversal signals but the week is still young.
On the daily timeframe you get many more confirmations:
- The high volume yesterday confirms the bullish action that is present in the past 11 days.
- The correction low closed in a hammer and Doji and then strong up.
- There is also a V shaped recovery pattern.
This is a mixture of recovery signals followed by multiple confirmations.
It is already growing and set to move higher.
At this point one would look for an invalidation point since the bulls already confirmed having the upper hand.
If RLCUSDT moves and closes daily below EMA300 (1.536) you can say the bullish momentum weakens but still there.
If it moves below MA200 ($1.36) more weakness but the bullish bias remains intact.
As long as it stays above the 10-March low, the potential is 100% up.
We should see additional growth based on the current chart.
I hope that helps.
Namaste.
iExec RLC price will be able to repeat the growth as in 2020 ?What is iExec RLC?
iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets.
This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as: "big data", healthcare, artificial intelligence (AI), rendering, and fintech.
Application vendors can monetize their algorithms, and data providers who own valuable datasets can make them available for use through iExec
So why should you pay attention to RLC if the price stays above $1.30 in the coming days/weeks?
the project was founded in 2016, and the RLCUSD, RLCUSDT trading pair has been on crypto exchanges since 2017 (it has survived more than one crypto winter, and is still developing)
RLC token reached its maximum price at the peak of the DeFi boom, as it is directly related to the DeFi sector.
RLC token can be used in the field of "artificial intelligence (AI)," and the hype around it is only gaining momentum.
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iExec RLC formed a bullish Shark for upto 19% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
Previously we caught a nice trade of RLC:
Now on 4-hr time frame, RLC has formed a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✳️ iExec RLC vs Bitcoin Higher Lows Since Sept. 2019 (125%) RLCBTC has a very strong bullish bias.
The weekly RSI, we consider good/bullish above 30 and in this case it is already at 64.73 (very strong).
Trading above EMA50 daily is considered bullish midterm, here we have RLCBTC trading above EMA100, EMA50 and MA200 weekly, a signal 7 times stronger.
This pair has been printing higher highs and higher lows since September 2019.
The easy target is set at 80%.
120%+ also possible short-term.
Remember to do your own research and build a strategy before trading.
What would you do if you were to buy and prices start dropping instead of going up?
Will you hold?
If yes, for how long will you hold?
Will you sell at a loss?
If yes, how big would be your risk?
What would you do if you were to buy and prices start growing?
Will you hold?
If yes, for how long?
Will you sell?
If yes, when and how much?
These are questions that need to be answered BEFORE taking any trades.
We are not responsible for your actions so make sure to do your own research. This is not financial advice.
Wishing you luck, wealth, health and success...
Now & Always!
Namaste.
RLC falling wedge#RLC/USDT
$RLC is inside a falling wedge pattern, above the lower line, and below the resistance zone.
🐮 break out from current resistance zone will increase price toward upper line of wedge, and if successful to break it out, it will continue the upward move to prices above $1.7.
🐻🐮 rejection from current resistance can drop price to lower line of wedge which is the same with support zone, and after that maybe attempt to break out this pattern.
🐻 but if price going to break down from lower line of wedge this analysis will be invalid and price can fall to $0.8
iExec RLC formed bullish Gartley for upto 88.50% moveHi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
On a daily time frame, RLC has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
iExecRLC Reversal CandleThis Doji here, marked purple, works as a reversal candle.
Anywhere we find a Doji it can signal indecision entering the market.
Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.
One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.
One can easily open a position here with very low risk and high potential rewards.
This is not financial advice.
Namaste.
🆓iExec RLC (RLC) Mar-07 #RLC $RLC
After RLC broke out of the $1.6 zone, buying pressure came back strongly and RLC rallied to the $2 zone shortly after. This is a sign that the $1.6 zone is still a good support for RLC. If we don't lose this zone, in the near future RLC can rise back to the 2.5$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.6$ zone
🔴Buy : 1.6
🔴Sell : 1.9 - 2.2 - 2.5
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.6$ zone
🔵Sell : 1.6
🔵Buy : 1.3
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
iExecRLC | This Is What I See Long-Term (Simplicity)This is a long-term chart.
This is what I see happening in the long-run.
We can easily appreciate the cycles on this chart.
Simply a wave up, a wave down; wave up, wave down...
At the same time we have Higher Highs (HH) and Higher Lows (HL).
We are in a down wave, the next wave should be up.
Namaste.
(350%+ Potential) RLCBTC Trade SignalPair: RLCBTC
ENTRY: 0.00005650 - 0.00006150
TP0: 0.00007040
TP1: 0.00009500
TP2: 0.00010400
TP3: 0.00011500
TP4: 0.00012800
TP5: 0.00014800
TP6: 0.00016800
TP7: 0.00020100
TP8: 0.00025410
TP9: 0.00028650
STOP: Close Weekly (W) below 0.00005400.
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Enjoy.
Remember to be patient and have a plan before you trade.
This is not financial advice.
iExecRLC Next Bullish Jump!After the strong jump 3-Dec. RLCBTC went straight down, we are waiting for a new jump.
When people become excited and buy into a pair they do this without a plan.
Market manipulators can see this and what follows the price increase is a huge crash.
When the people get desperate and sell at a low (around mid-Dec.), that's when everything recovers and a new wave shows up.
We are expecting higher prices soon for this pair.
We wait patiently.
See the details on the chart.
Namaste.
$RLC/BTC 2D (Binance Spot) Descending wedge breakoutiExec RLC just regained 100EMA support and looks good for bullish continuation from here.
That DeFi token is focused on Privacy and AiBigData, they are about to launch their own NFT marketplace, more info on iex.ec
Current Price= 0.00008212
Buy Entry= 0.00008234 - 0.00007392
Take Profit= 0.00011137 | 0.00015939 | 0.00020573
Stop Loss= 0.00006147
Risk/Reward= 1:2 | 1:4.88| 1:7.66
Expected Profit= +42.54% | +104.01% | +163.32%
Possible Loss= -21.32%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
iExecRLC | Booming With More To Come (222% Mapped)Look what I just bought this morning...
RLCBTC (iExecRLC) is another Altcoin that we have been trading for many years.
I can remember bullish waves lasting for long and going higher and higher and higher... I am making sure to be on it this time around.
Easy to see, RLCBTC has gone above EMA100 and EMA300.
It is challenging MA200 (black line) now.
Closing above MA200 (0.00008778) can push prices upward fast, this is what we are looking for.
This is a beautiful chart.
I am mapping 222% potential for profits but there can always be more.
I am being conservative just because but all pairs are very likely to go higher than whatever number we type on these charts...
Don't believe me? Look at GXChain (GXSBTC) -Related trade ideas below... That's how everything else will go.
Thanks again.
Wishing you a lovely weekend.
Sending you positive vibe.
Sending you money energy.
Giving you the charts like nobody has ever done it before.
Namaste.
🧇RLC - Resistance ahead but the price is well supportedAfter getting rejected in the area of major resistance the price went down and found support in the area of confluence of many support levels: key level(4.01), 200EMA, dynamic support- bottom trendline of parallel channel (aqua) and some local levels. We can expect another breakout attempt soon.
Entry: buy between current price and 200EMA (flexible)
Targets:
--!! important notice: Targets might not be relevant because of the event that had place during the pump in April/May. RLC trading on Binance was disabled, while the price was pumping on other exchanges. Once the trading was brought back, the price skyrocketed trying to keep up with the global price ignoring previously established levels !!--
4.65
4.91
5.69
6.62
8.99
11.65
16.37
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About iExec RLC:
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more.
Source: coinmarketcap