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iExec RLC / TetherUS PERPETUAL CONTRACT

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RLCUSDT.P trade ideas

RLC/USDT Could RLC bounce from here and continue upward??💎 RLC is currently positioned at a pivotal support area, where a bounce is crucial for continuing its upward trajectory towards a strong resistance target. This moment is critical for determining RLC's short-term market direction. 💎 However, should RLC fail to maintain its stance at this support level and instead break below it, it would signal a bearish development for the asset. Such a breakdown would confirm a bearish trend, potentially steering RLC towards the lower demand area. 💎 The demand area, therefore, represents a significant juncture for RLC. For the asset to resume an upward trend, it is essential that it demonstrates a strong rebound from this area and successfully surpasses the resistance level. If RLC is unable to accomplish this – showing signs of weakness or continued consolidation at the demand level – it would likely lead to an extended downward trend, pushing the price further down.
by MyCryptoParadise_Nathan
4
RLC/USDT riding bulls? 👀 🚀 RLC Today analysis💎Paradisers, it's time to watch RLCUSDT closely as it presents a potential opportunity. Recently, it has shown a notable rejection from its resistance level, hinting at a high chance of a bullish continuation from the 0.5 Fibonacci retracement level. 💎#IEXEC has consistently followed a pattern of breaking above a descending trendline and initiating an upward move. Currently, after facing rejection at the resistance level of $1.511, the likelihood of a continued uptrend seems more pronounced. RLC is now targeting resistance levels at $1.511 and possibly extending to $1.743. 💎 For the astute Paradisers, timing is key. It's important to identify the right moments for entering the trade during this rise, steering clear of buying at the peak. Moreover, be prepared for the possibility of RLC dropping below the $1.331 mark. In such a case, we could expect a bullish resurgence from the support level of $1.138. However, a fall below this support might question the sustainability of the uptrend. 💎 In these market conditions, choosing the right entry and exit points becomes crucial. Implementing a sound trading strategy, with a focus on money management and clear understanding of support and resistance levels, is essential for successful trading outcomes. 🌴💰
Long
by MyCryptoParadise_Simon
RLC/USDT It required Break out the resistance or rejected ??💎 RLC has undeniably garnered significant attention in the market. Currently facing resistance, RLC needs to break out of this level to sustain its upward trajectory. The perfect bounce observed from the demand area suggests a potential breakout of the resistance in the near future, the probability an easy movement toward our target area. 💎 However, if RLC struggles to break the resistance, there's a possibility of a retracement, with RLC returning to test the demand area multiple times. 💎 The bad scenario is confirmed if, during the retesting phase at the demand area, RLC fails to maintain its position and undergoes a breakdown. In such a case, RLC may shift to a bearish trend, potentially retracing to the strong support area.
by MyCryptoParadise
1
RLC ANALYSIS🔮 #RLC Analysis - - - Breakout Trading 🚀🚀 💰💰 #RLC gave a breakout of symmetrical triangle pattern and trying to retest the levels. If #RLC closes above $1.685 then we will get a confirmation of a bullish trend. 🚀🚀 💸Current Price -- $1.595 📈Target Price -- $2.708 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #RLC #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
1
RLC Is Ready Again For Our Second Trade. **RLC Coin Fundamental Analysis** RLC is the native token of the iExec blockchain platform. iExec is a decentralized cloud computing platform that allows users to rent out their computing power to others. RLC is used to pay for transactions on the iExec platform. The iExec platform has a number of potential use cases, including: * **Decentralized rendering:** iExec can be used to render images, videos, and 3D models in a decentralized way. This could be used to create new decentralized applications, such as decentralized video games and virtual reality experiences. * **Decentralized machine learning:** iExec can be used to train and run machine learning models in a decentralized way. This could be used to create new decentralized machine learning applications, such as fraud detection and medical diagnosis. * **Decentralized data processing:** iExec can be used to process large amounts of data in a decentralized way. This could be used to create new decentralized data processing applications, such as data analysis and market research. RLC has a strong team of developers and a growing community of users. The iExec platform is still under development, but it has the potential to disrupt a number of industries. **RLC Coin Recent News** * **iExec partners with IBM to develop decentralized cloud computing solution:** IBM and iExec have announced a partnership to develop a decentralized cloud computing solution for enterprises. The solution will be based on the iExec blockchain platform and will use RLC to pay for transactions. * **iExec launches new marketplace for decentralized cloud computing services:** iExec has launched a new marketplace where users can buy and sell decentralized cloud computing services. The marketplace is powered by RLC and allows users to pay for services in a decentralized way. * **iExec community votes to approve new roadmap:** The iExec community has voted to approve a new roadmap for the iExec project. The roadmap includes plans to release a new version of the iExec platform, develop new use cases for the platform, and expand the iExec community. **RLC Coin Disclaimer** This is not financial advice. Please do your own research before investing in RLC coin.
Long
by MoonTradingForecast
#RLC This is a update from my last chart from But this one is 15 This is a update from my last chart from #RLC But this one is 15 min time frame i put number by the arrows so its better to see and understand let me know if that helps, thanks 1: That was resistance we broke it a little bit later really nice nice move up, 2: Later we broke it again to the downside, and than we came back to support 3: I watching if it come back to number 1 ass support, but i see now if its comes back, we brake ore trend line, not good 4: We need to break above the 20MA 5: I at a trendline, that is where i also look at if that holds, we move nice up
Long
by TulipMania-Pluisje