RLCUSDT ROUNDING BOTTOMRlcusdt has been trading in a rounding bottom which implies a plausible uptrend reversal to the start of the of downtrend($11.54) and this can only be validated if rlc breaks the dynamic R in yellow trend line. There's a resistance level at $5.34 so a daily close above can ratify an uptrend to the dynamic R, if price fails to break then we should see a reversal to the current resistance level which'd act as a new support level. Be patient enough to wait for daily confirmation.
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Rlcusdtlong
RLCUSDT Triangle Formation!RLCUSDT (1H CHART) Technical Analysis Update
Triangle Breakout
RLC/USDT currently trading at $2.97
Buy-level: $2.94 - $2.96 (Wait for the small retracement)
Stop loss: Below $2.82
Target 1: $3.08
Target 2: $3.20
Target 3: $3.56
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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RLC/SUDT : Broke falling wedge ! BINANCE:RLCUSDT
Hello everyone 😃
RLC had a breakout from falling wedge which is making it more bullish !
How ever it's still moving into a big rising wedge but majority will be bullish for this coin.
There wasn't any important gesture in last 10 days...
📌 Also volatility is being bullish...
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
RLCUSDT: Possible Long (21.10.2020)On D1, the price has broken the trend line. A strong divergence has formed between the price and the RSI.
An upward impulse was formed on H4, after which the price corrected to the level of 23.6% (mirror level - 76.4%).
We recommend buying RLC in order to keep the position above $ 1.2