I'm sharing one of our Sell Wall Bot buy signals today.
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Sell wall buy signal for RLC was at 0.00006900
Sell Targets
T1: 0.00007176
T2: 0.00007314
T3: 0.00007590
Stop loss: 0.00006210
This play looks strong. RLC had a nice bounce off the trend line. Just...
RLC iEXEC
- RSI bullish hidden divergence on all TF's
- Double bottom (bottom)
- Previous fib algo target reached, now moving up
- Perfect pitchfork
- Broke this little wedge / flag or trying
Risk:
- Inside bearish pitchfork near top channel (last resistance of pitchfork) - here you have your first take profit zone - bottom box - 0.382 fib.
How you could trade...
Looking at RLCBTC 1D
Very big notch at 9600 sats that needs to be filled in
Waiting for bullish divergence to come in on histogram
Willy not yet oversold
OBV is healthy
Price sitting around the POC
Would like to see more structure in price
Setting bids at the 4680 mark
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Looking at the current price action, RLC/BTC is forming a double bottom, which so far has been rejected. This could invite buyers over the coming weeks, resulting in a correctional move upwards or even a trend reversal. Nevertheless, Moving Average has to be broken for the wave up to start, only then price could be heading towards one of the Fibonacci resistance...
I once held a position on this coin, but sold eventually at a loss because I saw that people were very quick to dump this coin. Unfortunately, even though the fundamentals may be strong, price action tells me that investors don't see any value in holding this token for some reason. This can also be reflected in their online community, which remains quiet....
I hope I learned a lesson today, whn I checked some coins and I saw some of them already on the train to financial freedom. But only for those on that train. That happens when price alerts are not set. anyway, I am very happy, that I saw BINANCE:RLCBTC on binance listing. I bought some RLC weeks ago and I am a little bit angry I bought small amount of coins....
#RLC / BTC ( Binance, Bittrex )
Buy Range : 0.00005-0.00006
Stop Loss : Drop and close below support zone
Target 1 : 0.000111
Target 2 : 0.000129
Target 3 : 0.000197
After bloodbath, RLC its trying to accumulate on very low levels.
This phase seems very similar than Feb-April this year. Also, this coin its on December low levels which offer a very good...
RLCBTC 1D Chart forming Adam & Eve Double Bottom , which is a bullish signal.
MACD also green histogram forming .
All time High 3200 Satoshi.
Current Price 774 Satoshi.
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to...
![RLCBTC: [RLC/BTC] BULLISH OVERVIEW ON iEx.ec [ 85-300% POT PROFIT]](https://s3.tradingview.com/s/sHZheXrU_mid.png "[RLC/BTC] BULLISH OVERVIEW ON iEx.ec [ 85-300% POT PROFIT]")
