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iExec RLC / TetherUS PERPETUAL CONTRACT

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RLCUSDT.P trade ideas

RLC/USDT Facing strong resistance, Could RLC breakout this area?💎 RLC has witnessed significant developments in the market. Currently, RLC is facing strong resistance in the market. Just a few days ago, RLC attempted to break through this resistance but faced a hard rejection, causing the price to retest the support area. 💎 Now, RLC is once again attempting to break through this formidable resistance level. If this attempt succeeds, it could trigger a bullish momentum, leading to a significant upward movement in price and probability reaching our target at the bearish OB area. 💎 However, if RLC fails once more to break through the resistance and displays bearish rejection candles similar to what occurred previously, there is potential for the price to retreat back to the support level around 1.85 to gather momentum for another attempt. 💎 The support area is of utmost importance, and a bounce from this level is necessary. If RLC is unable to sustain its position above the support, indicating a breakdown of support, it could lead to a shift back to a downward movement, potentially revisiting the demand area or even going further down.
by MyCryptoParadise
RLC - An Unconventional Trade Opportunity - For Brave-hearted #RLCUSDT Analysis Description --------------------------------------------------------------- + RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations. + Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target. + Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 3.870 Stop Loss: 3.383 ------------------------------ Target 1: 4.191 Target 2: 4.490 Target 3: 4.996 Target 4: 5.762 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-15x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023Logarithm. Time frame 1 day. Secondary trend. Working with a wedge . Breakout, pullback after breakout. Showed percentages, two targets in succession and two options if the breakout will be now or after another decline when forming a wedge from key support zones. Stop loss on such coins before reversals is usually knocked out. Its length does not matter (large slippage due to liquidity) The chart earlier is a witness to it. If you are working from the average buy/sell price , then put the average price between the two zones in your risk management, it is more rational. Hope for the best, but expect the worst. As a rule, breakouts on similar cryptocurrencies of such liquidity take place in impulses by a significant percentage. Take profits and forget it, move on to another similar coin before the breakout. Pump/dump coin is not for accumulation. Low and medium liquid alts. Try to take the momentum, that is, the first movements of the trend reversal (breakout of the wedge), do not emphasize the instrument (crypto coin), it is all conditionally crypto garbage. Use the given time, don't use high leverage + protect profits if they are substantial. There is no real shock capitulation yet, whether they will do it or not is another question.... But always more yes than no. 🧠 Mani and risk management. . In any case, always follow mani management, less margin, more spot. Limit potential risks, especially on HYIP garbage, observe adequate risk management especially when working locally, no matter you are working with stop loss or from average buy/sell price. Risks are calculated in advance, not post facto. Set adequate targets as for a local trend, without hamster x's (i.e. maximum channel range or a little more than the average price of targets (according to TA) of the wedge. Line chart.
Long
by SpartaBTC
3
✴️ Easy 80% Bullish Jump Confirmed | iExec RLCWe have a strong chart with many great signals pointing to a nice jump, it can happen fast as soon as confirmation comes in. ➖ iExec RLC produced a higher low in August 2023 vs June 2022, a long-term higher low. ➖ This is the fifth session to close bullish (green). 5 weeks straight. ➖ Volume is rising and this week marks the first bullish close above EMA50 since January 2023. ➖ These signals are supported by a strong RSI. 👉 We can see 80% growth fast and easy , this is no big deal. With more possible long-term. This is not financial advice. Remember to do your own research and planning because the charts can always change. Thank you for reading. And thanks a lot for your continued support. You are appreciated. Thanks for the follow. 👑 Namaste.
Long
by AlanSantana
1
RLC Buying Frenzy: Seize the Opportunity Now!## RLC Coin: Recent News and Disclaimer (as of February 15, 2024, 09:43 CET) **Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions. **Recent News:** * **Red Light Finance (RLC) announced a partnership with Chainlink on February 13, 2024.** This partnership will integrate Chainlink's decentralized oracle network with RLC's lending platform, enabling access to secure and reliable off-chain data. This could potentially increase the transparency and efficiency of the RLC platform. * **RLC's price has seen some volatility in recent weeks.** After reaching a high of $0.012 on February 9th, the price has since fallen to around $0.008 as of today. This is likely due to the broader market downturn in cryptocurrencies. * **There are no major fundamental updates for RLC at this time.** However, the team is continuously working on developing the platform and expanding its ecosystem. **Additional Notes:** * It is important to be aware of the risks associated with investing in cryptocurrencies. The market is highly volatile and there is a chance that you could lose all of your investment. * It is important to do your own research before investing in any cryptocurrency. This includes understanding the project's whitepaper, roadmap, and team. * You should only invest what you can afford to lose. I hope this information is helpful. Please let me know if you have any other questions.
Long
by MoonTradingForecast
#RLCGETTEX:RLC is one of the powerful Web3 and AI project. These two are going to build a new vision for our lives and of course for the crypto future. As you can see on the #RLC chart the downtrend was broken, completed its re-test and started to move upwards. The project has potential to jump up to $6 band. The #INJ had a chart like this and it made a great journey $1,2 to $45. I'm very much bullish for RLC and believe that it will make a spectacular movement trough to the top .
Long
by ThePeakyMan
RLC is definitely bullishWe have had an ascending channel that broke the bottom once but it was faked out and again the price returned to the ascending channel that I marked on the chart. On the bottom of the white boxes, they show the overflow that the candles have done well. From where I entered START, the upward movement has started. We have bullish CH and BOS on the chart and the candles have respected the demands well. Above we have a liquidity pool that I specified with $$$. The candles are going to clean this pool in the first step. I marked the TPs on the chart. I also marked a FLIP LINE on the chart that I use for my loss limit. When 1 daily candle closes below this line, the analysis will be invalidated. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark