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Rlcusdlong

RLC/USDT Forms Falling Wedge Pattern with Strong Support!💎 RLC/USDT exhibiting a falling wedge pattern on the price chart which indicates a period of consolidation before a potential upward breakout. 💎 One key aspect of the falling wedge pattern is the presence of a strong support level. The price of RLC has consistently found support near a specific price point, which has prevented further downward movement. 💎 If the downward support is breached, meaning the price drops below this level and fails to recover quickly, it would invalidate the falling wedge setup. 💎 A break below support could signify a change in market sentiment, potentially leading to further downward pressure on RLC. 💎 However, as long as the strong support level holds, the falling wedge pattern remains valid and suggests a potential bullish move. Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long
by MyCryptoParadise_Simon
RLCUSD Can give massive gains.RLC can be one of those assets which can show massive Gains. -After a major downtrend during these bear markets we have seen RLC Showing some good Strength with almost making a good higher high along with a higher low while flipping its resistance for support. -After conquering EMA50,100,200 it showed us some strength which can be considered as one of the bullish factors. -The price also bounced from EMA50's Support. -While We can Also See a formation of Cup along with handle being started to form it plays another good sign for the price to move upwards. -Price Might consolidate a bit before starting its upward movement. -Based on the chart patterns TP's are marked along with support zones. -SL manual: Daily Close below Support Zones. Thanks & Regards. Aanuj Tated This is not Financial Advice. DYOR
BINANCE:RLCUSDLong
by aanuj.tated16