RLCUSDT trade ideas
RLCUSDT wants the breakout! 🦐RLCUSDT wants the breakout after the price had a breakout from descending channel. Now the price is testing the 4h resistance. IF the price will have a breakout and turns the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
$RLC/USDT 3h (Binance Futures) Bullish pennant near breakoutiExec RLC has been consolidating and looks ready for another big move-up!
Current Price= 8.1297
Buy Entry = 8.1560 - 7.4440
Take Profit= 10.2520 | 13.4110 | 21.1710
Stop Loss= 6.1690
Risk/Reward= 1:1.5 | 1:3.44 | 1:8.2
Expected Profit= +31.44% | +71.94% | +171.42%
Possible Loss= -20.91%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 10 days
TRADE-POT-RLCUSDT-21-05-2021-A-elliot-wave-and-supportWith both Elliot wave and support at D this could be a potential long trade
RLC/USDT 1hr - Breakout Imminent! Oracle Szn?The only doubt I had about this set up was the lack of volume; however, RLC is an oracle and oracles like to run together. Not how Chainlink is ignoring the dip, which indicates upside for RLC and other oracles. I believe this will breakout with great upside once BTC chills out - it has been holding the bottom range throughout these dips.
I have been accumulating at the bottom of this pattern with a SL at invalidation around $6.30-$6.50 - depending on your risk tolerance.
As always, keep and eye on BTC and DYOR.
Cheers
RLCUsdt (iEXCD RLC) close too jump and pumpthis is not pro analyser check other IDEA FIRST ::::))tnx
RLC close too pump on top for close too finish triangle
after correction cometoo protection adn again pump top
Protection is :
7.7201
6.500
Resisdance is :
8.1729
Targets :
9.3982
10.5524
11.8081
13.8864
GOAL is:
17.0907
22.1948
and for holders tagets is : (but my coment not more save for BTC now in correction and fall)
31.0735
GL
have a good trade
Possible bounce/breakdownFalling wedge formed, might breakout soon.
Open for critics, since im a newbie and wanna learn more :).
2 options on the table right nowResistance at 11.
Support at 9.8.
Either RLC will hit 50% again(FIBR) and bounce back up to resume bull run.
OR
It'll keep dropping passed to the 61.8% zone and will keep price of 10.5000 for a while.
Personally I think RLC is close to surpassing the $14! Let's see how it develops
TAJust my Opinion Not a Financial Advice
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Live a like
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