π RLC has recently undergone notable market dynamics. Following its breakout from the supply area, RLC experienced a significant upward movement, with no retesting observed thus far.
π RLC can retest the demand area and subsequently bounce for further upward movement. However, if RLC breaks the resistance without retesting the demand, it could signal a continuation of the upward movement towards our target area.
π On the other hand, if RLC fails to bounce during the retest of the demand area and instead breaks below it, this could be interpreted as a bearish sign. In such a scenario, the price of RLC may continue its downward trajectory, leading to further declines.
π RLC can retest the demand area and subsequently bounce for further upward movement. However, if RLC breaks the resistance without retesting the demand, it could signal a continuation of the upward movement towards our target area.
π On the other hand, if RLC fails to bounce during the retest of the demand area and instead breaks below it, this could be interpreted as a bearish sign. In such a scenario, the price of RLC may continue its downward trajectory, leading to further declines.
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Follow a team of traders with 10+ years of experience?
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ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV