My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
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ANALYSIS: ( Long Term Hold )
iExec RLC is undervalued by far. As many should know, data is a precious commodity that holds a significant amount of value. If crypto finally gains the respect it deserves, then iExec will most definitely reap the benefits with their cloud computing tech. Therefore, iExec, whose token is RLC, is of great value at $0.84. It appears RLC is rounding out into an area of accumulation before a major move. Look for RLC to deep as low as $0.78, in which it would have entered a phase of being heavily sold. Thus, RLC should have a nice bounce in hopes to re-test the the $0.96 resistance.
KEY:
Blue = 4hr timeframe resistance/support
White Triangle = Entry point (Buy Zone)
Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
------------------------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS: ( Long Term Hold )
iExec RLC is undervalued by far. As many should know, data is a precious commodity that holds a significant amount of value. If crypto finally gains the respect it deserves, then iExec will most definitely reap the benefits with their cloud computing tech. Therefore, iExec, whose token is RLC, is of great value at $0.84. It appears RLC is rounding out into an area of accumulation before a major move. Look for RLC to deep as low as $0.78, in which it would have entered a phase of being heavily sold. Thus, RLC should have a nice bounce in hopes to re-test the the $0.96 resistance.
KEY:
Blue = 4hr timeframe resistance/support
White Triangle = Entry point (Buy Zone)