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iExec RLC / TetherUS PERPETUAL CONTRACT

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RLCUSDT.P trade ideas

🧇RLC - Resistance ahead but the price is well supportedAfter getting rejected in the area of major resistance the price went down and found support in the area of confluence of many support levels: key level(4.01), 200EMA, dynamic support- bottom trendline of parallel channel (aqua) and some local levels. We can expect another breakout attempt soon. Entry: buy between current price and 200EMA (flexible) Targets: --!! important notice: Targets might not be relevant because of the event that had place during the pump in April/May. RLC trading on Binance was disabled, while the price was pumping on other exchanges. Once the trading was brought back, the price skyrocketed trying to keep up with the global price ignoring previously established levels !!-- 4.65 4.91 5.69 6.62 8.99 11.65 16.37 -------------------------- About iExec RLC: iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets. It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as big data, healthcare, AI, rendering and fintech. IExec was founded on Oct. 16, 2016, with the goal to reinvent cloud computing through the creation of a new cloud computing paradigm. As such, iExec relies on the XtremWeb-HEP, an open-source desktop grid software that implements features such as multi-applications, fault-tolerance, multi-users, deployment of virtual images, private infrastructure, data management, security and much more. Source: coinmarketcap
Long
by V0VOLAN
RLCUSDT Technical Analysis⏳ Spot 💎 RLCUSDT has formed a descending channel and after the rejection from the support line the price is moving to the resistance zone. After the breakout we can expect a bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 4.022 - 3.801 ☕️ TP1 4.259 🍺 TP2 4.627 🍻 TP3 5.000 🍾 TP4 🍷 TP5 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 3.801 - 3.556 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
RLCUSDT Technical Analysis⏳ Spot 💎 RLCUSDT has formed a descending channel and after the rejection from the support line the price is moving to the resistance zone. After the breakout we can expect a bullish move 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 4.022 - 3.801 ☕️ TP1 4.259 🍺 TP2 4.627 🍻 TP3 5.000 🍾 TP4 🍷 TP5 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 3.801 - 3.556 Good Luck 🎲 Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals