RLCBTC
RLC/ETH REVERSAL OPPORTUNITY (REVERSE SYMMETRICAL TRIANGLE)iExec RLC / Ethereum
Technicals
Bullish Divergence on MACD Daily
Reversal on Stoch RSI Weekly
Reverse Symmetrical Triangle Pattern
5 waves compose the reverse symmetrical triangle (A-B-C-D-E).
Each of the A-B-C-D-E waves is composed of three sub-waves, so it has a 3-3-3-3-3 configuration
Break of the down trend line on USD and BTC charts
Fundamentals
Decentralised Oracles, Cloud Computing
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
Targets for RLC/ETH
TP1 = +-0.005
TP2 = +-0.008
TP3 = +-0.017
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
RLC is about to EXPLODE!!!!!!Rlc/btc hast just crossed the 200 daily Moving average .As you can see every single time we break it we had a least pump of 100% this time could just be similar unless btc dumps promptly .With btc dominance heading into lows more money is going to flood in altcoins and rlc is about to do something big .however its for the best to wait for btc to settle down then buy in a position.
Make sure to like and follow
No financial advice do your own research. cheers!
"Wicks and tails want to be eaten" "Wicks and tails want to be eaten" - One of the oldest trading rules. I do not claim $7843. However,,, lets eat the wick a bit and we are all fine. IMO - There are some (more) % to make. Fundamental imo this is one of the best projects out there. Data centers are growing exponentially!!!! There is (theoretically) real need. Lets see some real adoption.
$RLC, Crossed over ~3700 sats...$RLC
Crossed over ~3700 sats & now trying to flip it into support on the 1D chart
Willing to see if it can gain momentum / volume and starts pushing up from here
Alts are overall looking bullish against BTC and UCTS is signalling a 1D Buy on this one
Let see how it goes
#RLC
RLC/BTC - Trading in the big channel +300%Hello everyone, analyzed the RLC/BTC pair
I love to trade triangles like this. Because at 95% the price returns very well, at least half of that drop.
Moreover, on a shorter timeframe, there are bullish diverters, as well as indicators indicate a price reversal
Target: Fibo grid, potential top loss and risk management - it all depends on your trading system.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and comeback again."
RLC breakout confirmed, Ready for moonRLC successfully breakout and hold above the resistance zone. RLC updated its roadmap on 4 March and added new partnership and development events. RLC is a decentralized cloud computing project and providing orcales. We have seen how Oracle coins pumping like BAND and LINK. RLC will be next.
Buy Zone: 3350-3365
Target: 3640-3900-4150-4580-5100
#RLC : Upto 100% Profits Opportunity In The Mid Term.Pair : RLC / BTC
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @togetherweaccumulate