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RLCUSDT

iExec RLC a Good Buy? My Fellow Crypto Traders, Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share. Cheers & Happy Trading! ------------------------------------------------------------------------------------------------------------------------------------------------------------------ ANALYSIS: ( Long Term Hold ) iExec RLC is undervalued by far. As many should know, data is a precious commodity that holds a significant amount of value. If crypto finally gains the respect it deserves, then iExec will most definitely reap the benefits with their cloud computing tech. Therefore, iExec, whose token is RLC, is of great value at $0.84. It appears RLC is rounding out into an area of accumulation before a major move. Look for RLC to deep as low as $0.78, in which it would have entered a phase of being heavily sold. Thus, RLC should have a nice bounce in hopes to re-test the the $0.96 resistance. KEY: Blue = 4hr timeframe resistance/support White Triangle = Entry point (Buy Zone)
Long
by AB_Trading-Intelligence
2
RLC/BTC (Triangle Pattern? Bearish?)BINANCE: RLCBTC -The price retested the previous support area -A good bounce happened and will likely retest the trendline resistance -The 8400 sat range is a strong confluence of previous resistance turned support -How do you trade this market situation? -Buy at key support with a tight stop loss and target the trendline resistance -2nd is to buy the breakout of the trendline resistance because it will signal a trend change -This is a high-risk trade so please use small allocation only ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **Please don't forget to leave a thumbs up & comment **Happy Trading! Thank you! :)
by PolarHusk
6
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
RLC/BTC (Wait For Breakout Direction)RLC/BTC -iExec RLC is currently forming a symmetrical triangle -The best trading strategy here is to but the breakout direction -Currently, it is testing the local resistance around 14100 sat range -You may enter aggressively on the break of local resistance -2nd idea is to place Buy orders once the downward trendline resistance is broken -3rd trading option is to buy on retest/pullback after breakout confirmation -All depends on your risk appetite how you will approach this market -Please, always follow your trading plan once entered the battlefield
by PolarHusk
1