RLCUSD trade ideas
RLC long at supportTook a long position at $10 looking for a breakout of trendline and continuation over $20
iExec RLC - BULLISH CUP AND HANDLE IN THE MAKING!A BULLISH CUP AND HANDLE IN THE MAKING! LONG TERM TREND. This will play out in the coming years, not this year. But right now (or wait on the last correction) is the best time to invest in this project!
Meaning:
Cup and Handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECLINKE OF THE BREAKOUT! Get ready to buy the dip!
Circulating supply: 80 Million (Ethereum is higher than this and look at Ethereum current price!)
Market Cap: 310 Million (Very undervalued!)
Exchange: Can buy in Coinbase and Binance and many big exchanges. Bots buy indicators with Confirmation! Awaiting on the weeks end!
Buy Targets if we go Bearish: $2.21 - 3.48 (See red box - Corresponds to Fib Levels!)
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH , and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
RLCUSD descending triangleAfter breaking the descending triangle and making it above the crucial $5.7 level it should see the targets pointed out on the chart. All of this is depending on BTC, as we all know. Your entry would be the retest of $5.7 as support with your SL being the recent low. As long as Bitcoin stay stable or uptrends we should see these targets hit relatively quick. With RLCUSD being as volatile as it is I highly recommend using this SL and these TP. Any words of constructive criticism is appreciated. Good luck and be happy my dudes!
iExec - Where are we now?If you follow me, you will see my top cryptos updated with some brief analysis as to why this coin.
iExec is another winner!
iExec (RLC) - launched more recently in May and is considered one of the more technically advanced coins which provide scalable, secure access to cloud computing resources. Faster, cheaper, and more secure than traditional centralized cloud services.
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Which coins to buy? Want to go deeper into what these coins do?
Please message me for the top altcoins each week- track my success
Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
rlcThe analysis is valid until price doesn't go back under the broken chanel ceiling and close the daily candle
RLC risky but High Return Trade idea: catch a "wave 3"RLC moves with high amplitude waves.
ABC retrace looks perfectly completed.
123 of new 5 wave impulse is of interest.
$ 8.0 is the key support. SL just below.
$ 9.5 is the key resistance to break and run.
$ 15 would be a good target to shoot for.
Bitcoin is retreating, so a "risky" entry against the tide.
If we get w3, then targets for 4-5 can be calculated.
I will try to post updates as price action progresses.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
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iExec (RCL) apologies for the scare!Updating now because we hit another inflection point. Need to break 11.55 to feel comfortable, let's see what it takes to get there..
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Which coins to buy?
Please message me for the top altcoins each week- track my success
Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
IS iExec ready now?Thank you my bears for waiting to buy, smart.
Are we ready now?
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Which coins to buy?
Please message me for the top altcoins each week - track my success
Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
RLCUSD Potential Reverse Head & ShouldersHi all, RLC has taken a beating lately. But it looks like it is possibly forming a reverse head and shoulders formation. Time will tell.
Strong signals on 4H timeframeMACD and RSI hidden divergence promoting a bullish continuation, Stochastic RSI to cross and move up, and a potential bounce off the 21 EMA provided we do not dip much further.
Keep in mind that the 12 hour and Daily Stochastic are both continuing to go down which could stagnate these short term signals, and as a result we move sideways, or further down instead.
Not financial advice, just some additional analysis for the hopeful.
iExec (RLC) its time!Sorry no 20-minute videos, for this or MATIC (not a bad call)
:)
Its time for iExec
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Which coins to buy?
Please message me for the top altcoins each day - track my success
Please message me for information on the latest (ICOs) Initial Coin Offerings; How to buy altcoins before they are tradable.
Hop Aboard The RLC Express I like $RLC Long to bounce off the current FIB. Playing this as a 1 - 3 month swing trade.
In addition to liking the chart $RLC was just listed on Coinbase and isn't even in the top 100 coins yet. IMO we will retest ATH sooner rather than later.
