TheSignalyst

RBC - Wait For The Bulls 🏹

Long
GATEIO:RBCUSDT   Rubic/Tether
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📉 RBC has been stuck inside a range in the shape of an inverse head and shoulders pattern.

Moreover, RBC is currently sitting around a strong support and round number 0.02

🏹 For the bulls to take over, we need a momentum candle close above the green neckline which is lining up with the previous major low.

Meanwhile, until the buy is activated, RBC would be stuck inside a range.

Rubic is a Multi-Chain Swap Protocol which allows you to swap any of 9500+ tokens, on and between 8 blockchains in one click.

I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
www.RichTL.com

My Telegram Channel
www.t.me/thesignalyst

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