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rlc cupagain :) cup handle again :) it is amazing Since the summer of 2020, decentralized exchanges (DEX) have been all the rage and in 2021 developers and investors continue to flock to the sector due to the ease of listing and buying into new projects. While the method has proved fruitful for many projects, the price performance for iExec RLC (RLC), a blockchain-based decentralized cloud computing network that recently listed on several centralized exchanges, shows that CEX listings still carry the most weight when it comes to initiating price movements.
Long
by ttcompanyy
2
RLC/USDT 1hr - Breakout Imminent! Oracle Szn?The only doubt I had about this set up was the lack of volume; however, RLC is an oracle and oracles like to run together. Not how Chainlink is ignoring the dip, which indicates upside for RLC and other oracles. I believe this will breakout with great upside once BTC chills out - it has been holding the bottom range throughout these dips. I have been accumulating at the bottom of this pattern with a SL at invalidation around $6.30-$6.50 - depending on your risk tolerance. As always, keep and eye on BTC and DYOR. Cheers
by chadbchilln
2
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
Long
by lightknight
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
Long
by lightknight
3