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RLCUSD

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
RLC (iExec RLC) Token Analysis 23/03/2021Fundamentals: iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets. It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm. As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more. The iExec network has been made up of computing resource providers. These are known as iExec Workers. If users want to be these workers, they can connect their machines and will be rewarded with RLC tokens for contributing their resources to the network. Application providers can monetize their algorithms, and data providers that own valuable datasets can make them available for usage through iExec. Then there is also the consensus protocol known as PoCo or proof-of-contribution that provides consensus over the off-chain computing. Thanks to this proof-of-contribution, external resources providers have the usage of their resources certified on the blockchain itself. IExec also provides distributed applications running on the blockchain known as DApps scalable secure and easy access to servers, data-sets and computing resources, and since all of this works on Ethereum, it allows for a Virtual Cloud Infrastructure that can provide high-performance computing services on demand. As such, iExec supports the emerging class of blockchain-based distributed applications and enables cost-effective, high-performance computing through a decentralized cloud infrastructure. Through making access to machines easier, a distributed cloud will allow a drastic increase in the environmental footprint of data centers. When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science. Haiwu He is the co-founder and head of APAC at iExec. Before that, he was a professor at the Chinese Academy of Sciences, an innovation transfer research engineer at ENS Lyon, the co-founder of iRentCPU, a research engineer expert at INRA and an assistant professor at Hohai University. He has a Ph.D. in computing sciences. This means that iExec is built upon the work of team members who have done INRIA and CNRS research in the field of desktop grid computing. Technical analysis: there exist a bearish divergence of Price and MACD which is the sign of trend reversal or Some retracements. post retracement there are total of 3 Targets Defined by Fibonacci Projection of the retracement Wave.
by BitonGroup
8
RLC/USDT : Indicators are being bearish BINANCE:RLCUSDT Hello everyone 😃 RLC is moving into a bearish rising wedge. Now MACD and Volatility are at their limits and they are being bearish. Also Wedge higher line is near, so it will rejects any continuation for bulls... MA 200 is located 1.9$ and it's reaching 2.1$'s support zone, How ever MACD it's trying to support it's lower limit ! 📌 2.1$ support zone could be a good retest point for RLC. 🔴 Funding is very high, So it's to wait for a better points to enter market !! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Short
by Helical_Trades
10
RLC formed BAT move for up to 27% rallyHi friends, hope you are well and welcome to the new update on iExec RLC token. On a small time period 4-hr chart, the price action of the RLC has completed the final leg of bullish BAT and spiked in the potential reversal zone. It may give us another chance to catch from the buying zone before starting the bullish rally. this trade has profit possibility of 27% and the loss possibility is only 4% Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with the trade
Long
by moon333
RLCUSDT (RLC) - UPTREND CONTINUATION ANALYSIS 🔎 - RLCUSDT pumped and hit a swing high. - Price then retraced for a retest of the flip horizontal support and 0.618 fibonacci retracement level. - Price action printed the double bottom trend reversal pattern at the retest area. - Price brokeout above the double bottom neckline resistance. - Price action is printing an ascending triangle pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the ascending triangle's horizontal resistance. TARGETS 🎯 - Horizontal resistance level R1 - Horizontal resistance level R2 (swing high). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh