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iExec RLC / TetherUS

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RLCUSDT trade ideas

iExec RLC formed bullish Gartley for upto 185% moveHi dear patrons, hope you are well and welcome to the new update on iExec RLC token. Previously we had a nice trade of RLC token: Now this time on the 2-day time frame chart, price action of RLC has completed the final leg of Gartley pattern. Thre is also 25 simple moving average support below the buying zone and the 50 SMA below this area. Buying and sell targets: Buy between: $7.38 to $4.90 Sell between: $9.33 to $14.01 Stop loss: The maximum extent of potential reversal zone $4.90 can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility up to 185% and a high loss possibility of 34% but at this time the price action is already at the very end of buying zone therefore it is very low risk trade. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
RLCUSDT Waiting for the breakout 🦐RLCUSDT Waiting for the breakout, the price is testing the 4 trendlines. IF the price will have a breakout from daily resistance, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8
🆓iExec RLC (RLC) May-22 #RLC $RLCRLC is moving in wide ranges and it's very difficult to handle. At the moment, 6$ zone is a good support and the selling pressure is decreasing so we can expect a recovery or even a new rally in the next few days up to 8$, 10$ and 12$. But if it loses the 6$ zone, it could dump to 4$ easily 📈BUY PLANS -Buy: 5.8-6.2$. SL if B -Buy: 7.8-8.2$ if A. SL if B 📉SELL PLANS -Sell: 7.8-8.2$. SL if A -Sell: 9.7-10.3$. SL if A -Sell: 11.7-12.3$. SL if A ♻️BACK-UP PLANS -Sell: 5.8-6.2$ if B. SL if A -Buy: 3.8-4.2$. SL if B ❓Details 🕯Timeframe : 8 Hours 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
RLCUSDT wants the breakout! 🦐RLCUSDT wants the breakout after the price had a breakout from descending channel. Now the price is testing the 4h resistance. IF the price will have a breakout and turns the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
24