RLCBTC
RLCBTC BUY (IEXEC - BITCOIN)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
rlcbtc about to break???What we see on the daily chart:
- 650 seems to be the bottom so far after this big retracement
- volume coming in, buyers stepping up? Tight candles suggest there still are some sellers left, but it looks like an area where buyers might step up big time and sellers run out, but we need to keep in mind btc is still the boss here
-RLC likes to move fast , I would trade this of the daily and aim for a 20-30% move
- also RSI bottomed
shitcoins are the means to the end of more ZEC / BSVCZ doesn't understand how bitcoin works (imagine rolling back an immutable chain because you dun goofed LOL) and Binance will probably go bankrupt because CZ doesn't understand Bitcoin. In the meantime, cop some RLC after deposits and withdrawals open back up next week. This play will take some time for the entry to trigger break and retest of (.828 usd). I don't like trading shitcoins against BTC right now. All my successful plays have been on dollar pairs. Keep making $ to slowly accumulate ZEC and BSV. Long term, I'm working towards 50% ZEC /50% BSV as my sole crypto holdings after my shitcoins make a move.
RLCLOOKS LIKE RLC
- HAS FINISHED THE GARTLEY HARMONIC
- RSI+STOCHATIS PREPARE FOR DIVERGENCE
- DISTRIBUATION/ACCUMUMULATION IS IN BOTTOM
- AND WITH THE UPCOMINGS NEWS IN 15 MAY... I EXPECT A GOOD RISE UP
ENTRIE 0.0000840-- 0.0000810
RLC-BTC Long Trade PlanCommodity : iEXECRLC
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point.
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 3% of the total Trading Balance.
Prospective Profit : 12% to 43%
Prospective Loss : 7%
RRR : Between 1.6 and 5.66 depending on TPs
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
RLCBTC Morning rocket Trade Signal
purchase at current prices
stop loss - 0.0000900/b]
take profit - 0.0001185
RLC/BTC 4h flag for buyRLC/BTC is ready to start making the next impulsive leg in its cycle.
4H is making a nice flag for more upside.
RLC back in its trading rangeSeems that RLC is back in its trading range, aiming for range high.
Stoploss a bit below the last couple wicks
RLCBTC Signals (300% Profit Potential)Targets are on the chart with stop loss at 520 Sats. Risking 50% Of My Portfolio on it
RLCBTC iEXEC algo targetRLC iEXEC
- RSI bullish hidden divergence on all TF's
- Double bottom (bottom)
- Previous fib algo target reached, now moving up
- Perfect pitchfork
- Broke this little wedge / flag or trying
Risk:
- Inside bearish pitchfork near top channel (last resistance of pitchfork) - here you have your first take profit zone - bottom box - 0.382 fib.
How you could trade this one?
1) Enter between 539 and 550 SATS with stop-loss below last lower high.
2) Wait for confirmation break the of the flag (not bold line on top of price)
3) Wait to cross and find support on 0.236 or break of the pitchfork.
Take profit zones are rectangular boxes.
Come to pappaLooking at RLCBTC 1D
Very big notch at 9600 sats that needs to be filled in
Waiting for bullish divergence to come in on histogram
Willy not yet oversold
OBV is healthy
Price sitting around the POC
Would like to see more structure in price
Setting bids at the 4680 mark
* Don't forget to hit that like button and follow me on Trading View for more chart analysis :)
iExec - Blockchain-Based Decentralized Cloud ComputingLooking at the current price action, RLC/BTC is forming a double bottom, which so far has been rejected. This could invite buyers over the coming weeks, resulting in a correctional move upwards or even a trend reversal. Nevertheless, Moving Average has to be broken for the wave up to start, only then price could be heading towards one of the Fibonacci resistance levels. But on the downside. if current support is broken, the upside potential would be compromised, where buyers could be getting out of the iExec. All-in-all its an interesting time for this coin, not to mention the huge potential of the decentralized cloud computing.
