#RLC : Upto 100% Profits Opportunity In The Mid Term.
Pair : RLC / BTC
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @cryptotalket
iExec RLC is looking good for a breakout on the 4Hs chart for a bullish run over here. We are already in a breakout formation from the already formed falling wedge and indicators are looking bullish too.
Volume : Is compratively looking very healthy after a long consolidation move.
RSI looking perfect for an entry.
And signal line is already going further up from the MACD line which is showing a good possibility for a breakout.
Accumulation Area : 2900 sats - 3208 sats
Distribution Areas :
Target 1 : 3603 sats
Target 2 : 3923 sats
Target 3 : 4242 sats
Target 4 : 4696 sats
Target 5 : 5275 sats
Stop Loss : For #Hodlers close below 2560 sats
and for scalping depending on your trading strategy a close below your 5% profits will be a stopping loss point.
By @cryptotalket
