RLCBTC trade ideas
‘The Calculator’ - Analysis #30Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
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With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
[RLC/BTC] BULLISH OVERVIEW ON iEx.ec [ 85-300% POT PROFIT]#RLC / BTC ( Binance, Bittrex )
Buy Range : 0.00005-0.00006
Stop Loss : Drop and close below support zone
Target 1 : 0.000111
Target 2 : 0.000129
Target 3 : 0.000197
After bloodbath, RLC its trying to accumulate on very low levels.
This phase seems very similar than Feb-April this year. Also, this coin its on December low levels which offer a very good risk/reward for mid-long term
Weekly/daily are showing bullish divergency on RSI/MACD and i think the next step will be a climb into my target 1-2.
If Market finally turn into bullish mode, im expecting my target 3 easy reacheable for this fantastic coin
Good Luck
RLCBTC Chart Looks COOL.. Jump ExpectedRLCBTC 1D Chart forming Adam & Eve Double Bottom , which is a bullish signal.
MACD also green histogram forming .
All time High 3200 Satoshi.
Current Price 774 Satoshi.
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
" Be Happy, Be Disciplined & Keep Smiling "
#iExec #BITCOIN #BITCOINPRICE #TRADING #BITDHARMAPrice could reach to 700-730 Sats and then fall again.
It doesn't seem a good idea to buy RLC at this moment. CCI is at oversell and the RSI is going to the same place. BBands is already showing time to sell.
RLCBTC IDEA #RLCBTCNearly same pathway with other coins. This goal is not coming from fundamental analysis. So technically be careful.
RLC good project on bottom + Bull divergenceclear divergence + active project, also low volume on binance, good sign ;)
Daily Bullish Signal #RLC #RLCBTC (18-09)#RLC (RLC/BTC)
Buy : 550-570
Flash Sell : 600
Short Sell : 640
Long Sell : 650-700-750
Stop : 520
Follow me for more signals daily
PM me if you need help or learn to trade
Shorting on RLCWe'll see RLC correcting some more before the next leg up. Possible for it to go to the white trend line but it's plausible for it to find support earlier on, on one of the fib lines.
worst case scenario, which I don't see happening any time soon we'll break the white trend line and fall back to 491
iExec – RLC – profit/loss ratio over 1000% - magnificientHi Traders!
So we can see a bit of optimism today on the market. Finally!
We want to introduce you to another interesting project.
This is iExec with its native RLC token which is based on Ethereum (ERC-20 type).
What is this project all about?
Well in simple words their goal is to create decentralized computation power, decentralized servers and marketplace for dApps.
Marketplace for dApps already works. Check this out dapps.iex.ec
So moving on.
As a Developer, you can use iExec to overcome blockchain limitations, by executing your computations on a new distributed infrastructure.
As a Provider, you can lend your machine power and monetize it by executing developer applications.
The iExec Marketplace. This is a global and open market where supply meets demand for cloud power. Applications and users can access computing power on-demand while providers define a price for which they are ready to execute computations.
iExec offers CLI and JS libraries allowing developers to overcome Ethereum scalability issues by executing ‘off-chain’ computations through the iExec decentralized cloud.
Decentralized applications powered by iExec are featured on the Dapp Store. Developers can monetize their dapps and increase their visibility, while users can execute these applications thanks to the marketplace.
Team
iExec’s core team consists of six PhDs, four of which have been working in cloud computing since the early 2000s.
Four of them Gilles Fedak, Haiwu He, Oleg Lodygensky, and Mircea Moca, have experience working at INRIA and CNRS developing programs for Desktop Grid computing. iExec is the product of their collective experience, and after Gilles Fedak discovered Ethereum in 2016, the team found the solution to a problem they had been debating since 2012: how to create a distributed cloud based on Desktop Grid computing.
In their whitepaper, the iExec team lays out the project’s competitive landscape and explains these competitors in relation to iExec.
They’re quick to note that decentralized cloud storage providers like Filecoin, Storj, and Siacoin are not direct competitors, and it’s easy to see why. While iExec could theoretically take a step in this direction as it matures, it’s not a storage platform. This is a computing platform.
This does put it in competition with other decentralized computing protocols like Golem and SOMN
Where to buy
Bittrex, Binance, Upbit, and Bitfinex account for the majority of RLC’s trading volume. Each exchange sports BTC and ETH trading pairs, while you can also buy it directly with USD on Bitfinex.
So Traders. This project seems to be a very interesting project.
They also have a decent rate on Coincheckup (3,9 stars out of 5) so definitely it is on our radar.
Technical analysis details
We are very low at the Fibonacci scale. We didn’t touch the bottom from December 2017 so set your stop-loss at 0.00005000 as we may encounter pullback to around 0.00003000
On the second chart, you can see we are on the brink of TenkanSen (daily interval). This is great but let’s wait for the next bar. It should be above. If it will be, we enter the position.
The price also crossed VWEMA which is another bull’s signal.
Weis Waves shows us no supply and growing demand thus the price is moving up.
In terms of profit/loss ratio, we assume we can lose 50% of our initial investment (as above mentioned we didn’t touch the bottom from December 2017).
On the other hand. we can reach as high as 0.00041368 making from each $100 invested, $500 dollar profit. $50 dollars loss, $500 dollars profit which makes 1000% profit/loss ratio.
Here are Fibonacci levels for reloading or sale.
1. 0.00011946
2. 0.00017658
3. 0.00022112
4. 0.00026657
5. 0.00033126
6. 0.00041368
Don’t forget to set your stop-loss at 0.00005000
MASSIVE Hugs!
WBM Team
RLCBTCThis is RLCBTC, at 4 HR Chart.
It has been awhile since BTC put some love to this coin but this is the time now to give some love again.
RLC ( love love love)
