RLCUSDT.P trade ideas
RLC can show something in next daysThere is some opportunity with RLC. Cumulative delta is positive on daily chart, volume is growing.
RLC for the win! (4 hour chart)As you can see RLC?USDT is in a solid rising pattern and it just hit the low on that pattern!
The RSI was overbought when the low got hit on the 4h chart, also the Macd looked promising.
Now the macd just turned green and it crossed!!!!! So thats why I think it has potential to hit the top again.
Its now bouncing back from a resistance area wich it also did in the past as you can see, but i also think it has enough power to break those, because of the rising volume.
I set my stop loss with the ATR indicator and my take profit at the previous show resistance.
This is a 1/1,8 risk reward ratio.
If you hop on now its still a 14,10% W.
Which is the winner?The war between the canal roof and the price started.
Due to the strong bullish guard price
Break the channel and then suffer to get energy again
And the channel's target touch in the medium term is not far off.
What do you think?
Share with me
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
RLC (iExec RLC) Token Analysis 23/03/2021Fundamentals:
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.
The iExec network has been made up of computing resource providers. These are known as iExec Workers. If users want to be these workers, they can connect their machines and will be rewarded with RLC tokens for contributing their resources to the network.
Application providers can monetize their algorithms, and data providers that own valuable datasets can make them available for usage through iExec. Then there is also the consensus protocol known as PoCo or proof-of-contribution that provides consensus over the off-chain computing. Thanks to this proof-of-contribution, external resources providers have the usage of their resources certified on the blockchain itself.
IExec also provides distributed applications running on the blockchain known as DApps scalable secure and easy access to servers, data-sets and computing resources, and since all of this works on Ethereum, it allows for a Virtual Cloud Infrastructure that can provide high-performance computing services on demand.
As such, iExec supports the emerging class of blockchain-based distributed applications and enables cost-effective, high-performance computing through a decentralized cloud infrastructure. Through making access to machines easier, a distributed cloud will allow a drastic increase in the environmental footprint of data centers.
When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science.
Haiwu He is the co-founder and head of APAC at iExec. Before that, he was a professor at the Chinese Academy of Sciences, an innovation transfer research engineer at ENS Lyon, the co-founder of iRentCPU, a research engineer expert at INRA and an assistant professor at Hohai University. He has a Ph.D. in computing sciences.
This means that iExec is built upon the work of team members who have done INRIA and CNRS research in the field of desktop grid computing.
Technical analysis:
there exist a bearish divergence of Price and MACD which is the sign of trend reversal or Some retracements.
post retracement there are total of 3 Targets Defined by Fibonacci Projection of the retracement Wave.
RLC / USDT Waiting for the LONG signal: RLC / USDT
Ideal entry would be 2.2 - 2.4 area if bounces of the trendline.
Possible Double Bottom reversal in RLC/USDThis is not yet confirmed, for it to be so, it Should surpass 1.20 and if you are conservative, 1.30.
RLCUSDTI really do like this token and has a clear pattern and trend that I think gonna keep moving forward to 3,5-4,1.
"Like and comment if you did like the analyse"
iExec; Decentralization for Cloud Resources:(RLCUSDT analysis)The First Decentralized Marketplace for Cloud Resources
❇️(coinmarketcap data:
Rank #266 , Kind: Token , On 24,149 watchlists
Market Cap: $216,409,460 , Fully Diluted Market Cap :$236,787,130
Volume24h: $10,991,601 ,( Volume / Market Cap) : 0.05092 (ratio)
Circulating Supply : 80,070,793 RLC , Total Supply: 86,999,785
What Is 🌟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.
❇️The iExec Token: RLC
RLC is the native token of the iExec cloud platform. In exchange for RLC tokens, users can utilize the network to rent servers, data and applications.
✅An innovative market network where everyone can monetize their applications, servers and data-sets.
A decentralized network giving applications access to trusted off-chain computation and data.
👉1-For Developers
As a Developer, you can use iExec to overcome blockchain limitations, by executing your computations on a new distributed infrastructure.
👉2-For Providers
As a Provider, you can rent out your machine’s computing power, monetizing it by executing tasks for applications.
👉3-For Token Holders
As a token holder, you can get into the world of crypto-economy by trading your RLC tokens whenever you want.
✅Products:
Scaling blockchain applications with open-source software and protocols.
👉1.iExec Marketplace
👉2.iExec SDK
👉3.Dapp Store
👉4.Data Wallet
❇️Who Are the Founders of iExec RLC?
When it comes to the Founders of iExec RLC, Gilles Fedak is the CEO and co-founder. Before he began work on iExec, he worked in INRIA as a research scientist at a postdoc in UC San Diego and at ATER at University Paris-Sud. He has a Ph.D. in philosophy and computer science.
refrences: coinmarketcap - iex.ec
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for RLC/USDT, the price is trading at around $2.7 .
We are facing an bullish trend for this, and RLC has good dynamic and static support, which can have an uptrend channel that is moving forward, as it is likely to correct in the short term to EMA 20, a little entry point We considered it below, but because the risk/Reward is nice, so you can enter one step at this point.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
RLC/USDT : Indicators are being bearish BINANCE:RLCUSDT
Hello everyone 😃
RLC is moving into a bearish rising wedge.
Now MACD and Volatility are at their limits and they are being bearish.
Also Wedge higher line is near, so it will rejects any continuation for bulls...
MA 200 is located 1.9$ and it's reaching 2.1$'s support zone,
How ever MACD it's trying to support it's lower limit !
📌 2.1$ support zone could be a good retest point for RLC.
🔴 Funding is very high, So it's to wait for a better points to enter market !!
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
rlc is between two strong levels now i wait to see what will happen if it close 2h above static resistance it could start a new move
RLC double bullish patternHere we have two cup and handle patterns with the possible target showed with an orange short-line. The bigger pattern is confirmed and the candles stuck under a resistance, so we could have a pump from here.
