Get started

RLCBTC

RLC short setupFrom where we entered "start" on the chart, RLC correction seems to have started. It appears to be completing a bearish triangle now. We will look for sell/short positions in the red range. The target can be the green box. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
RLC/BTC - iExec RLC: SuperTrend BBand Breakout◳◱ On the $RLC/ CRYPTOCAP:BTC chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.00004961 | 0.00006085 | 0.00008093 and support near 0.00002953 | 0.00002069 | 0.00000061. Entering trades at 0.0000428 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: iExec RLC ▣ Rank: 287 ▣ Exchanges: Binance, Kucoin, Hitbtc ▣ Category/Sector: Services - Shared Compute ▣ Overview: The iExec network provides computational resources to decentralized applications that wish to use them. The medium of exchange for the computational resources to be used must be paid using the RLC token. For example, if someone wished to run a decentralized application, without using typical computational resources from the likes of AWS, Azure, or any other big tech cloud provider, they can rent computational resources from the iExec network. The iExec network is comprised of Desktop Grid computing, also known as “volunteer computing”, where unused computational resources on the network can be used by applications, and platforms alike. All payments for computational resources utilize the RLC token as the medium of exchange. ◰◲ Technical Metrics : ▣ Mrkt Price: 0.0000428 ₿ ▣ 24HVol: 7.619 ₿ ▣ 24H Chng: 9.072% ▣ 7-Days Chng: 0.54% ▣ 1-Month Chng: -29.42% ▣ 3-Months Chng: 47.55% ◲◰ Pivot Points - Levels : ◥ Resistance: 0.00004961 | 0.00006085 | 0.00008093 ◢ Support: 0.00002953 | 0.00002069 | 0.00000061 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: BUY ◰◲ Technical Indicators Summary : NEUTRAL ◲◰ Sharpe Ratios : ▣ Last 30D: -3.60 ▣ Last 90D: 1.85 ▣ Last 1-Y: 0.68 ▣ Last 3-Y: 0.62 ◲◰ Volatility : ▣ Last 30D: 1.21 ▣ Last 90D: 1.56 ▣ Last 1-Y: 1.02 ▣ Last 3-Y: 1.43 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.64 - Bullish ▣ Reddit sentiment score is 0.36 - Bearish ▣ In-depth RLCBTC technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis Description --------------------------------------------------------------- + RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations. + Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target. + Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 3.870 Stop Loss: 3.383 ------------------------------ Target 1: 4.191 Target 2: 4.490 Target 3: 4.996 Target 4: 5.762 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RLC is definitely bullishWe have had an ascending channel that broke the bottom once but it was faked out and again the price returned to the ascending channel that I marked on the chart. On the bottom of the white boxes, they show the overflow that the candles have done well. From where I entered START, the upward movement has started. We have bullish CH and BOS on the chart and the candles have respected the demands well. Above we have a liquidity pool that I specified with $$$. The candles are going to clean this pool in the first step. I marked the TPs on the chart. I also marked a FLIP LINE on the chart that I use for my loss limit. When 1 daily candle closes below this line, the analysis will be invalidated. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
RLC/USDT Forms Falling Wedge Pattern with Strong Support!💎 RLC/USDT exhibiting a falling wedge pattern on the price chart which indicates a period of consolidation before a potential upward breakout. 💎 One key aspect of the falling wedge pattern is the presence of a strong support level. The price of RLC has consistently found support near a specific price point, which has prevented further downward movement. 💎 If the downward support is breached, meaning the price drops below this level and fails to recover quickly, it would invalidate the falling wedge setup. 💎 A break below support could signify a change in market sentiment, potentially leading to further downward pressure on RLC. 💎 However, as long as the strong support level holds, the falling wedge pattern remains valid and suggests a potential bullish move. Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long
by MyCryptoParadise_Simon
Head Shoulders Inverse and Parallel Uptrend with TargetsThis is an update to a previous post. RLC / BTC saw a strong reaction, bouncing hard off the neckline of the inverted head and shoulders on its 2nd re-test attempt. The 1st attempt nearly failed but also reacted strongly. Now we're forming a parallel uptrend as it works its way to the TP 1 of the HSi. Reaching TP 1 would confirm a breakout of that as well and provide even higher targets. RLC is an AI-based crypto. If Bitcoin manages to hold up, AI-based crypto projects may be the next big thing after NFTs and DeFi. Why a new chart? The previous chart was not a logarithmic view, this one is. Either could be used, but I'm lately tending to prefer log charts. Both of my previous charts for BTC and USD pair are linked below under related ideas.
RLong
by dudebruhwhoa
6
A little RLC can go a long way IExec RLC/BTC I spent yesterday evening looking for tokens/coins that have outperformed or kept on par with their BTC valuations. The obvious ones are MATIC and ETH but I'm looking for other smaller hidden opportunities in the charts. I cam upon RLC, and it might be worth keeping an eye on this. Neutral for now but its coiling. - Forming Pennant - High volume increase from May 2022 - Feb 2023 - Volume lower now but still generally significantly up since this time last year. - During the same period up 150%+ against BTC - low cap 197 rank coin by market cap (High risk) - No longer above the 10 or 12 SMA. this would be ideal as it tends to ride higher off it. - The USD pair is technically in a churning uptrend. IMPORTANT: I used HITBTC Exchange as it highlights or emphasizes the volume increase. On Binance the volume is still pressing gradually up and the that chart i not as stark. HITBTC Exchange is one of the older exchanges where new coins where born. Buys - Bottom of pennant channel (or slightly under) - If we get above 10 day SMA. In the last bull run in 2020/21 I made a killing on this coin from $0.50 to $8. At the time the coin had a lot of promise. It had partnered with IBM, Intel, Ubisoft and Nvidia. At present they are working on an AI offering and this could see the AI promise in the crypto space. But we focus on the chart, the price tells us everything. That's the main indication here. Price over everything. A little background can give the token distinction for memories sake. Lets keep an eye on this one. PUKA
by PukaCharts
2
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 ;)
RLong
by dudebruhwhoa
6