📊 RLC pumped more than 30% today! What's next?Hello, dear TradingView members.
This idea is an RLC analysis.
RLC just pumped more than 30% and got rejected by the upper Bollinger Band.
The rejection wasn't that powerful that's why it's still moving in the short-term ascending channel and we might see a retest any hour now.
There are two support levels on the chart holding the price up, and two resistance levels pushing down on value.
There are two possible scenarios.
Scenario One:
The price will gather more buy volume and after moving near the support level it will pump to the potential target zone.
Scenario Two:
The price will lose strength. Then it will be rejected by the resistance level, and fall on support.
The Speedometer indicator shows Buy volumes on the market for RLC on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
RLCUSDT
RLC - will update high✈️Reasons to take long:
⭐️ BTC made a pullback
⭐️ Over VWAP
⭐️ Coin in game
⭐️ Close to local high
⭐️ Pullbacks are getting smaller
⭐️ 4th touch
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
2% - 1/3
4% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
RLC USDT Happy trading
HELLO GUYS THIS MY IDEA ABOUT RLC Usdt is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that the Seller from this area will be defend this SHORT position...
and when the price come back to this area, strong SELLER will be push down the market again...
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade....
THANKS
TURTLE TRADER🐢
RLC/USDT Medium-term work Secondary trend. Triangle areaTimeframe 1 day. Secondary trend. The main trend is clearly upward, which formed a channel. The price is at its lower zone (the green line of the main trend). The coin has been in an uptrend since its inception. Not a belief scam, a test of technology, and what will come out of it is another question... To understand the trends, see the linked trading idea of the main trend of this cryptocurrency.
Coin in the coenmarket: iExec RLC
The chart shows the secondary downtrend of this cryptocurrency. This trend has formed a triangle. The price is clamping down. A decoupling is coming soon.
RLC/USDT Uptrend. Channel. Triangle.
RLC/USDT Uptrend. Channel. Triangle.Timeframe 1 week. The coin has been in an uptrend since the beginning of its existence. This trend has formed an uptrend with a large % step. Not a faith scam.
Coin in the coenmarket: iExec RLC
Liquidity is medium. on some exchanges is low, that's why big price movements are possible (stick pumping, also super squeeze to "zero" on 13 03 2020).
Notice what a breakdown in percentage of channel resistance was when pumping more than +2000%. It may well happen again if a secondary uptrend develops (after the breakdown of the triangle).
At the moment:
The primary trend is pronounced uptrend.
The secondary downtrend, which has formed a triangle, the price is clamped. Decoupling soon.
Secondary trend. Triangle area. Medium-term work. Timeframe 1 day.
RLC/USDT Medium-term work Secondary trend. Triangle area
Public trading idea of learning/trading in a pair to bitcoin.
RLC/BTC Main Trend. Timeframe.1 week. How to work on pamp?
Under the trade idea I have fixed my past work on this coin for the last 1.5 years.
RLC iExec LONG SET-UPs 20220630Signal: Blue -> Green * n
Two set-ups
Risk Reward: 2
RLC , iExec, RLCUSD , RLCUSDT ,RLCUSDTP, BITCOIN ,CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
RLCUSDT🔥Let's analyze the RLCUSDT chart
I expect a retest of the countertrend to the 0.670 zone, this will be a potential LONG entry point!
Sample deal plan:
Sample deal plan:
💡Entry $0.670
🔝Take profit 0.720$
✖️Stop-loss $0.640
✅Don't forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
RLC (iExec) 6th Jan 2022RLC has lost -55% since November 2021 and -85% since May 2021.
As you see it is working inside his the ascending triangle pattern. If you want to trade as well as holding long.
What the catch:
If Bitcoin to bottom out and showing some bullish sequence can take long although this idea is invalidated if Bitcoin shows no signs of recovery.
Here is just my idea hope you enjoy it.
Peace ✌🏼
RLC Short and long termRLC Short and long term
I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice