RLCBTC has huge potential to grow mid to long-term.
We saw how crypto went green as soon as we entered 2023 but the smaller altcoins are yet to speed up.
We do have a bullish bias as can be seen from this chart and the bullish indicators but sustained growth hasn't taken place.
RLCBTC is trading above all EMAs and MA200.
It has a very strong RSI on the weekly timeframe with a low hit back in May 2022, ,which means that this pair has been growing for 8 months now.
Slowly but surely it is moving up...
All that is left is a sudden jump.
We have two targets on the chart, 130% and 458%.
Namaste.
--
Previous trade idea 22-Dec-2022
✳️ iExec RLC vs Bitcoin Higher Lows Since Sept. 2019 (125%)
We saw how crypto went green as soon as we entered 2023 but the smaller altcoins are yet to speed up.
We do have a bullish bias as can be seen from this chart and the bullish indicators but sustained growth hasn't taken place.
RLCBTC is trading above all EMAs and MA200.
It has a very strong RSI on the weekly timeframe with a low hit back in May 2022, ,which means that this pair has been growing for 8 months now.
Slowly but surely it is moving up...
All that is left is a sudden jump.
We have two targets on the chart, 130% and 458%.
Namaste.
--
Previous trade idea 22-Dec-2022
✳️ iExec RLC vs Bitcoin Higher Lows Since Sept. 2019 (125%)
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