RLC can be one of those assets which can show massive Gains.
-After a major downtrend during these bear markets we have seen RLC Showing some good Strength with almost making a good higher high along with a higher low while flipping its resistance for support.
-After conquering EMA50,100,200 it showed us some strength which can be considered as one of the bullish factors.
-The price also bounced from EMA50's Support.
-While We can Also See a formation of Cup along with handle being started to form it plays another good sign for the price to move upwards.
-Price Might consolidate a bit before starting its upward movement.
-Based on the chart patterns TP's are marked along with support zones.
-SL manual: Daily Close below Support Zones.
Thanks & Regards.
Aanuj Tated
This is not Financial Advice. DYOR
-After a major downtrend during these bear markets we have seen RLC Showing some good Strength with almost making a good higher high along with a higher low while flipping its resistance for support.
-After conquering EMA50,100,200 it showed us some strength which can be considered as one of the bullish factors.
-The price also bounced from EMA50's Support.
-While We can Also See a formation of Cup along with handle being started to form it plays another good sign for the price to move upwards.
-Price Might consolidate a bit before starting its upward movement.
-Based on the chart patterns TP's are marked along with support zones.
-SL manual: Daily Close below Support Zones.
Thanks & Regards.
Aanuj Tated
This is not Financial Advice. DYOR