Get started

iExec RLC / Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

RLCBTC trade ideas

RLCBTC iEXEC algo targetRLC iEXEC - RSI bullish hidden divergence on all TF's - Double bottom (bottom) - Previous fib algo target reached, now moving up - Perfect pitchfork - Broke this little wedge / flag or trying Risk: - Inside bearish pitchfork near top channel (last resistance of pitchfork) - here you have your first take profit zone - bottom box - 0.382 fib. How you could trade this one? 1) Enter between 539 and 550 SATS with stop-loss below last lower high. 2) Wait for confirmation break the of the flag (not bold line on top of price) 3) Wait to cross and find support on 0.236 or break of the pitchfork. Take profit zones are rectangular boxes.
Long
by Jnsane
iExec - Blockchain-Based Decentralized Cloud ComputingLooking at the current price action, RLC/BTC is forming a double bottom, which so far has been rejected. This could invite buyers over the coming weeks, resulting in a correctional move upwards or even a trend reversal. Nevertheless, Moving Average has to be broken for the wave up to start, only then price could be heading towards one of the Fibonacci resistance levels. But on the downside. if current support is broken, the upside potential would be compromised, where buyers could be getting out of the iExec. All-in-all its an interesting time for this coin, not to mention the huge potential of the decentralized cloud computing.
by CryptalDash
Despite Fundamentals, RLC remains A Low Volume P&DI once held a position on this coin, but sold eventually at a loss because I saw that people were very quick to dump this coin. Unfortunately, even though the fundamentals may be strong, price action tells me that investors don't see any value in holding this token for some reason. This can also be reflected in their online community, which remains quiet. Investors do look at online communities to gauge confidence, whether you like it or not. This is sad to me because this coin has a great partnership and is indeed being used. Unfortunately, iExec has become a pump and dump coin and is in danger of dying out. What proves this is the HUGE sell volume on the recent pump that took it almost to the 1000 mark. Many people had sell orders up there, who have been eager to dump this coin for months. Unsurprisingly, it crashed down to support immediately after the pump. Until RLCBTC can sustain a price bump and establish a new support (ideally above 1000), I won't personally be comfortable buying into this coin. I also wanted to point out something interesting that I've noticed. Going back to the Spring and Summer of 2018, RLCBTC has alternated pump and dumps with ENGBTC. More recently, they seem to pump and dump on alternating days. Just a pattern I've noticed. Perhaps the whales enjoy these coins because they are low cap with a somewhat low supply. They also generally trade at low volume, so they're easy to manipulate. This is not investment advice, and I'm not a professional financial advisor. This is just an observation I made, and it is purely my opinion. However, I marked this as "education" because I think it's important for people to note WHY I sold a while back, as understanding price behavior is important when looking at long term investing. So far, I've been right in removing it from my portfolio, because it has since failed to sustain any sort of rally. Of course, that can change : ) This is crypto after all! -Victor Cobra
by VictorCobra
8