RLCUSDT trade ideas
rlc is between two strong levels now i wait to see what will happen if it close 2h above static resistance it could start a new move
RLC double bullish patternHere we have two cup and handle patterns with the possible target showed with an orange short-line. The bigger pattern is confirmed and the candles stuck under a resistance, so we could have a pump from here.
RLCUSDT is testing 4h resistance 🦐The price is testing 4h resistance after a false breakout. If the price will have a breakout and flip 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 MomentAnother series of movement opportunity
It looks like to needs to consolidate again before another spike like we've seen again and again
Up or down, whos to to say.
RLC (CUP & HOLDER)COIN: #RLCUSDT
Exchange:Binance Futures
Signal Type: LONG
Leverage:5
Risk: HIGH
Entry: 2.2394,2.2765,2.3137
TAKE PROFITS:
T1: 2.4441
T2: 2.5289
T3: 2.8440
T4: 3.2492
T5: 3.4439
STOP LOSS:
2.1437
iExec RLC 🌐 Whale Accumulation 🐋 and a Bull Flag 🏁iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial intelligence and big data.
The Daily time frame shows price is in a bull flag formation.
On Balance Volume reveals whale momentum has increased dramatically.
Relative Strength Index shows RLC is in the bullish control zone.
RLCYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
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