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iExec RLC / TetherUS

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RLCUSDT trade ideas

RLCUSDT ROUNDING BOTTOMRlcusdt has been trading in a rounding bottom which implies a plausible uptrend reversal to the start of the of downtrend($11.54) and this can only be validated if rlc breaks the dynamic R in yellow trend line. There's a resistance level at $5.34 so a daily close above can ratify an uptrend to the dynamic R, if price fails to break then we should see a reversal to the current resistance level which'd act as a new support level. Be patient enough to wait for daily confirmation. Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
Long
by Pearl-A
6
I WAS DEFINITELY PROVEN WRONG, $RLC UPDATERLC reclaimed the key area as asked, and currently consolidating above, this looks ready for a move upwards to at least those 2 objectives. Didn't give any short trigger as asked, so I was sidelines waiting for some clean PA. Currently spot long from 4.5$ and adding some buy orders below, from 4.5$ to 4$, waiting to get filled. If they get filled, nice, if they dont, nice too. I dont want to see the price close back below 3.85$, thats the line in the sand for me.
Long
by ATT1L4THEHUN
RLCUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in a 4-hour time frame. As you can see, the price has started to move upwards after the break of the resistance line. Pull back may hit his previous resistance line and start moving towards our target again. But if it penetrates into our support line and stabilizes, we consider the possibility of falling to the next support. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
RLC/USDT { IEXECRLC } - BULLISH SETUPANALYSIS 🔎 - RLCUSDT is printing an ascending triangle pattern. - This is a bullish build up pattern. - There's a breakout potential. BUY ENTRY ⬆️ - Market entry: current market price. - Stop limit entry: breakout above the ascending triangle's horizontal resistance (@3.9469) - Limit entry: test of the ascending triangle's inclined support. TARGETS 🎯 - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending triangle's inclined support.
Long
by Chibuike_Odoh