RLCUSDT - LONG [Daily Signal] [UPDATE]I can't stop calling to buy this thing. If you are already long - buy more for good averages. If you are not yet long, what are you waiting for?
Trade ideas
RLCUSDT analysisRLCUSDT - forming a massive bullish pennant on multi year timeframe
Break above 2.7-2.8$ , can trigger a impulsive price move upwards in coming months.
Good coin to hold for bull run with AI Depin narrative..
#RLC/USDT#RLC
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 1.95
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, upon which the price depends
Entry price is 2.00
The first goal is 2.20
Second goal 2.32
Third goal 2.47
#RLC/USDT breaks the Diagonal Trendline in 1-Hour TF!#RLC/USDT breaks the Diagonal Trendline in 1-Hour TF!
GETTEX:RLC needs to fill the FVG before a lag up. #RLCUSDT's major resistance level is around $2.21. #RLC support level is $1.985.
RLC short setupFrom where we entered "start" on the chart, RLC correction seems to have started.
It appears to be completing a bearish triangle now.
We will look for sell/short positions in the red range.
The target can be the green box.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#RLC Seize the Opportunity: Dive into the Trade!Symmetrical Triangle Breakout:
The #RLC/USDT chart illustrates a symmetrical triangle pattern that is on the verge of breaking out. This setup often leads to a significant price movement, offering an excellent entry point for traders.
Strong Support Base:
The chart displays a robust support level at $2.407, ensuring a safety net for this trade. The solid support base minimizes potential losses and provides a secure entry position.
Bullish Continuation Signal:
The price action shows consistent higher lows, indicating sustained buying interest. This bullish continuation signal suggests a higher probability of further upward momentum.
Volume Confirmation:
Notice the increasing trading volume as the price approaches the breakout point. This volume surge confirms the strength of the breakout and indicates strong market participation.
RSI Indicator:
The Relative Strength Index (RSI) is climbing towards the bullish territory, showing growing buying pressure. This suggests there is ample room for the price to appreciate before hitting overbought conditions.
Favorable Risk-Reward Ratio:
This trade offers a target price of $5.432 with a stop-loss at $2.407, presenting a favorable risk-reward ratio. The potential upside significantly outweighs the downside risk, making this trade a compelling opportunity.
In conclusion, the combination of a symmetrical triangle breakout, strong support levels, bullish price action, volume confirmation, and positive RSI momentum makes the RLC/USDT trade an enticing opportunity. Take advantage of this setup to potentially maximize your returns!
___
⚠️All trade ideas are published with a time delay. If you want to follow the trade in real time, please follow the link to our open copy trading account on Binance.
👉Our account with open trading, and all our other resources at this link: linktr. ee/In_Trade_MLN
RLCUSDT - Cup Structures Dominant trend line in solid white line up with another less important trend line below
I think price will hodl above this solid white line and turn to the upside in a sort of cup fashion
This cup can be seen in earlier bull run, see if it plays out again
Daily chart
#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
RLCUSDT1. Selling Plan RLC.
2. Chart looks really good so time to come up with a good selling Plan.
3. Best estimate of new ATH is $21 this cycle based off 1.618 fib extension but accept it could go much higher.
4. Great fundamentals and low supply will really help this project rocket.
6th test of resistanceThis is the 6th test, or more if you want to count the individual candles, of this hourly resistance. We will be seeing a breakout or breakdown soon.
RLCUSDT 1DBuy some #RLC here. It can go higher. The symmetrical triangle pattern is already broken. Targets are:
$3.619
$4.015
$4.579
$5.297
Supports are:
$3.223 which is MA100 on the daily chart
$2.733
RLC/USDT Break alert!! Bullish momentum for RLC movement.💎 Paradisers, #RLC is indeed a coin worth monitoring closely.
💎 Having successfully broken out of the descending resistance, RLC is showing bullish momentum, especially after a recent false breakout.
💎 However, the current rejection near the resistance area around $3.3 suggests a potential pullback to the lower time frame (LTF) demand area before resuming its upward trajectory. To confirm a return to bullish movement, RLC needs to break above the resistance level, potentially leading to a retest of our target strong resistance area.
💎 Should RLC fail to bounce from the LTF demand area and instead break below it, this could signal continued downward movement, with the next significant level being the key support area around $2.1.
💎 If RLC reaches the key support area, it becomes crucial for the price to bounce from this level, as it represents a critical support zone. Failure to do so could lead to further downside momentum, confirming bearish sentiment and potentially pushing the price even lower.
MyCryptoParadise
iFeel the success🌴
#RLC/USDT - Long - Potential 47.42%Strategy: Long
Exchange: BINANCE
Account: Spot
Entry mode: Market order in range
Invest: Risk 1%
Exit:
• ⎿ Target 2 : 4.747 47.1%
• ⎿ Target 1 : 3.588 11.19%
Entry: 3.227 ⌁ 3.227
• ⎿ Current market price: 3.227
Stop: 2.753 (-14.69%)
Technical indicators:
Volume pump, RSI momentum, crossing 20 & 50 MA
• ⎿ 24h Volume: 11176946.9429
• ⎿ Satoshis: 3.227
• ⎿ Analysis: TradingView
$RLC looks amazing for a midterm
Trading the double bottom pattern involves identifying a bullish reversal pattern on a price chart and making trading decisions based on the pattern's confirmation. Here's a step-by-step guide on how to trade the double bottom pattern:
**Identify the Double Bottom Pattern**: A double bottom pattern appears on a price chart after a downtrend and consists of two consecutive troughs (lows) with a peak (high) between them. The lows are approximately equal and signify a possible reversal in the downward trend.
**Confirm the Pattern**: Before initiating a trade based on the double bottom pattern, it's essential to confirm its validity. Look for several signs to confirm the pattern:
` - Volume: Ideally, the volume should decline as the pattern forms and increase when the price breaks above the confirmation level.
- Symmetry: The two troughs should be roughly equal in depth and width, forming a "W" shape.
- Price Breakout: Wait for the price to break above the peak (high) between the two troughs, confirming the pattern.
`
**Entry Point**: Enter a long position (buy) once the price breaks above the peak (high) that separates the two bottoms. Some traders prefer to wait for a slight pullback after the breakout for a better entry point.
**Stop Loss Placement**: Place a stop-loss order below the lowest point of the double bottom pattern or slightly below the breakout level. This helps to limit potential losses if the pattern fails to hold, and the price resumes its downtrend.
**Take Profit Target**: Calculate the distance between the lowest point of the pattern (the bottom of the "W") and the peak (high) that separates the two bottoms. Then, project this distance upwards from the breakout point. This distance can serve as a potential target for taking profits.
#RLC/USDT#RLC
The price is moving in a triangle pattern on the 4-hour frame, about to break to the upside
The area in green is a very strong support area, and the price rebounded from it at the price of 3.40
We have an upward trend on the RSI indicator
We have a higher stability than move Average 100
Entry price is 3.85
The first goal is 4.05
Second goal 4.43
Third goal 4.80
RLC/USDT Ready to Take Juicy Liquidity Present Above? 👀🚀💎Paradisers, eyes on #RLCUSDT as it dances within an ascending triangle, hinting at a thrilling upward breakout. If it breaches through, brace for a significant bullish wave.
💎Here's the twist: if #iExecRLC stumbles at the triangle's lower edge, we're banking on a bullish pivot from the $2.83 support. This level is drenched in liquidity, marked by past rallies and vibrant green candles.
💎If GETTEX:RLC dips below $2.83, watch for a bullish swing from the $2.078 zone. A failure to rebound here might unleash a sell-off spree. Stay nimble and prepared to shift gears as we chart #RLC's course through these market waves.
Short RLCIt has broke down the support level and retested the daily opening as you can see in the chart,expecting the correction of 4-5% if btc goes down then we can expect more correction.
Comment what's your view of this idea 💡
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 TO BREAK TRIANGLE VERY SOON.RLC is testing support and having bullishness in crypto coins. RLC is expected to go for a long.
RLCUSDT - Bull Market RiseA bull rise that is comparable to the one I plotted on ROSEUSDT
The have a similar upper resistance line that wants to be tested
This could push the price way up to over the $100 range
Bullish Daily Chart
Again using the bars pattern tool for these AI coins
RLC/USDT Lose Moment to upward, Keep an eye on the OB or demand.💎 RLC has recently encountered significant developments in the market. There is potential for RLC to retest the Bullish OB around $3.55 before resuming its upward movement and possibly reaching our target area.
💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8.
💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.
iExec RLCWhat Is iExec RLC (RLC)?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm.
Total Supply
86,999,785
Strongly undervalued price comparing to Total Supply. Partnered with Microsoft Azure few times ago.
------------------------------------
Trading Parts :
------------------------------------
Buy Zone : 4.7$ (Now) - 4$ (Rebuy More)
TP1 : 7.5$ (Security TP)
TP2 : 15-16$
TP3 : 24.5$
STOP : 2.8$
------------------------------------
Stay Safe + Follow TheKing
Happy Tr4Ding !
