RLCUSDT trade ideas
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
–––––
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.
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 :)
This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin - leave a comment or like or share the idea, i really appreciate it because then my work makes sense :) thanks!
RLC: Another Step UP?: Coin FlipI would hope for continued growth long term for RLC. Good Ratio.
Total Supply
86,999,785
Market Cap
$148,087,964
I think this momentum were seeing will quickly crab, stabilize and flag for another movement to either
Test the top of $2 dollars or dip and test the floor resistance of $1.50
hope upward.