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TA-wise, big picture is still hard to see, but i think RLC did find its bottom and since hitting that, it have been gathering some volume and momentum to build a bullish movement to critical area where it is going hit the old resistance and support zones. First target in the critical area. Second target in the old ATH.
RLCBTC
RLC-BTC Near The Suppor Line In The ChannelBlue lines: Resistant lines
Red lines: Support lines
Green lines: Trend lines
Comment:
After touching support line of the channel, it bounce up very quickly and reached the resistance line several times.
This time I expect similar movement in the channel as well.
Good luck.
