#RLC/USDT#RLC
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.40
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.61
First target 1.70
Second target 1.82
Third target 1.96
RLCUSDTPERP
#RLC/USDT#RLC
The price is moving within a falling channel on a 1-day frame, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 3.20
First goal 4.09
Second goal 4.48
Third goal 5.05
RLC/USDT LOOKS PROMISING FOR BULLISH MOVE The RLC/USDT pair is currently exhibiting a breakout from a triangle pattern on the 4-hour timeframe chart. If this breakout is successful, we may anticipate a bullish move ranging between 20% to 40%. It is advisable to exercise caution and wait for confirmation of the breakout before considering any trading decisions.
Please note that this information is not intended as financial advice. It is crucial to conduct thorough research (DYOR - Do Your Own Research) and consider various factors before making any investment decisions. Trading in the cryptocurrency market carries inherent risks, and it is important to stay informed and use proper risk management strategies.
#RLC/USDT#RLC
The price broke the descending triangle upwards on a 4-hour frame
Drawing support from the green support area
We have support from the RSI indicator
We have a higher stability of Moving Average 100 that supports the rise
Expected to rise on targets
Entry price 2.38
The first goal is 2.45
Second goal 2.52
The third goal is 2.60
Huge expansion Expecting Got Price alert on this again..
After analyzing i think is ready for huge expansion very very soon..
Entering long from here with tighter Sl..
Trade is Risky but very good RR if managed correctly.
This looking very good.
Don't forget to follow me here for more ideas.
Note: Not a financial Advice.
RLC long PositionThe Price have deviated from a strong level and i am expecting a move towards 1.78.
Trade is to DCA long in bw 1.48 and 1.44 will start cutting off below 1.44 slowly(if holds below).
RR is pretty good here.
Note: just an idea not a financial advice.
Follow me here for more as I have started publishing ideas here often on TradingView.
Having any questions or Have Pair to analyze or setup Trade? feel free to comment.
iExec RLC price will be able to repeat the growth as in 2020 ?What is iExec RLC?
iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets.
This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as: "big data", healthcare, artificial intelligence (AI), rendering, and fintech.
Application vendors can monetize their algorithms, and data providers who own valuable datasets can make them available for use through iExec
So why should you pay attention to RLC if the price stays above $1.30 in the coming days/weeks?
the project was founded in 2016, and the RLCUSD, RLCUSDT trading pair has been on crypto exchanges since 2017 (it has survived more than one crypto winter, and is still developing)
RLC token reached its maximum price at the peak of the DeFi boom, as it is directly related to the DeFi sector.
RLC token can be used in the field of "artificial intelligence (AI)," and the hype around it is only gaining momentum.
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DAY14 #RLCUSDT (#LONG)DAY14 #RLCUSDT (#LONG)
More trading signals and their results, in my channel, link in the description
1% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 1.2110-1.2125
🎯target 1 - 1.2259
🎯target 2 - 1.2398
🎯target 3 - 1.2556
🎯target 4 - 1.2692
🎯target 5 - 1.2861
❌stoploss: 1.1898
RLC broke out falling wedge#RLC/USDT
$RLC broke out from 4h falling wedge pattern.
🐮 possibly price will do a pullback to the broken line that is around support zone, then can continue its upward move to touch resistance zone around $1.6.
🐻 if price break down from support zone it will drop to next support and lower line of wedge.
🧇RLC - Resistance ahead but the price is well supportedAfter getting rejected in the area of major resistance the price went down and found support in the area of confluence of many support levels: key level(4.01), 200EMA, dynamic support- bottom trendline of parallel channel (aqua) and some local levels. We can expect another breakout attempt soon.
Entry: buy between current price and 200EMA (flexible)
Targets:
--!! important notice: Targets might not be relevant because of the event that had place during the pump in April/May. RLC trading on Binance was disabled, while the price was pumping on other exchanges. Once the trading was brought back, the price skyrocketed trying to keep up with the global price ignoring previously established levels !!--
4.65
4.91
5.69
6.62
8.99
11.65
16.37
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About iExec RLC:
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.
Source: coinmarketcap
🧇 iExec RLC 1D- testing key levelThe price broke out of daily dynamic resistance and is now getting close to key level (4.01). To confirm this entry I'd like to see a breakout from the purple channel (go to lower timeframes to see it)
Long-term targets:
TP1: 4.91
TP2: 5.69
TP3: 8.99
TP4: 11.65
TP5: 16.37(~300%)
TP6: OPEN++
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About iExec RLC:
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.
Source: coinmarketcap
🆓iExec RLC/USDT Analysis (2/2) #RLC $RLCRLC has conquered 1.2$ zone and this will be a step to help RLC increase strongly this February to $2 and $2.6 zones.
📈BUY
-Buy: 1.17-1.23$. SL if B
-Buy: 1.37-1.43$ if A. SL if B
📉SELL
-Sell: 1.9-2.0$. SL if A
-Sell: 2.6-2.7$. SL if A
♻️BACK-UP
-Sell: 1.17-1.23$ if B, SL if A
-Buy: 0.95-1.0$, SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"