iExec (RLC) is breaking out after a 100%+ retrace and a strong bounce from support. We have the opportunity to open a trade here.
TRADE INSTRUCTIONS
Buy in: 0.000143 - 0.00016
RLC Targets:
(1) 0.000172
(2) 0.000201
(3) 0.000224
(4) 0.000281
Stop loss: 0.000121
Enjoy the trade!
Namaste.
Here we have iExec RLC (RLCBTC) moving above EMA100 and also breaking above the orange trendlines on the chart... Turning this set up into an extremely bullish one.
NOTE | If prices break and close below EMA50/100 the above signals are invalidated.
The week closes Sunday; we are looking at the weekly chart.
Other than this small detail we are extremely bullish...
"iExec RLC (CURRENCY:RLC) traded 15.5% higher against the US dollar during the twenty-four hour period ending at 12:00 PM ET on May 26th. One iExec RLC token can now be purchased for $2.12 or 0.00028157 BTC on major exchanges including Livecoin, Ethfinex, Gatecoin and Liqui. Over the last seven days, iExec RLC has traded down 3.1% against the US dollar. iExec RLC...
iExec RLC (RLC) is a decentralized cloud computing for dapps and they are partnered with Intel, IBM Cloud, Alibaba Cloud, and others. Their Executive Team consists of all PHDs and their goal is to provide Ethereum (and its dapps) computing power to scale. They are also a member of The Ethereum Enterprise Alliance. Their computing power includes artificial...
What is iExec RLC?
iExec is a provider of decentralized computing based on the blockchain. Blockchain is used to organize a marketplace network where people can monetize their computing power, as well as applications and even datasets.
This is done by providing on-demand access to cloud computing resources. IExec can support applications in industries such as:...
Hi dear friends, hope you are well and welcome to the new trade setup of iExec RLC token with US Dollar pair.
Previously we caught a nice trade of RLC:
Now on 4-hr time frame, RLC has formed a bullish Shark move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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...
💬 iExec's RLC token "runs on lots of computers" and RLCs price action just keeps running.
We are coming up to the last point of resistance for RLC's USDT chart, and logically it may be time for another pullback.
If and when we get that pullback there are some juicy support levels to look for if RLC is to make new highs (new highs could be in the cards given...
What Is iExec RLC (RLC)?
iExec is the leading provider of blockchain-based decentralized computing. Blockchain is utilized to organize a market network where people can monetize their computing power as well as applications and even datasets.
It does this by providing on-demand access to cloud computing resources. IExec can support applications in fields such as...
Giant head and shoulders forming on the higher timeframe?
Or do you prefer the cup and handle? as shown in my previous analysis here:
To me these technical indicators show the growing probability of the RLC token prize going (MUCH) higher in the beginning of next year. (Right around the launch of the regulated and compliant environment).
Check out there...
iExec RLC (RLCBTC) has grown by 420%+ since early May.
Incredibly enough this chart above tells us that additional growth is still possible.
Let's have a look at some of the signals coming from this chart:
RLCBTC Is growing massively and we can see higher and higher volume bars being printed each week.
We have a new peak compared to Nov. 2019.
The March...
We already looked at iExec RLC (RLCBTC) short-term, this chart is shared at the bottom of this post.
Now, we are looking at RLCBTC long-term, weekly (W) timeframe.
Here we have a very strong bullish chart... 100% green signals, let's get started!
First, we have a strong wave that corrected all the way down to the 0.786 Fib. retracement support... Now,...
After RLC broke our stop loss, a second chance has appeared. You can now buy back in 20% lower and prepare for the next run. This time we go LONG, since we are already at the bottom.
Note: There can be one last final drop, that is for Bitcoin and the entire cryptocurrency market. If it does come, we wait patiently for the market to reverse.
Just as nothing can...
Since April, iExec RLC has been steadily moving upwards and gained 180% against the Bitcoin in just 6 weeks. Price went from 1k satoshis up to the 3.2k satoshis high, where it formed a double top.
Nevertheless trend remains bullish and RLC/BTC continues to reject the uptrend trendline and the 50 Moving Average, while producing higher highs and higher lows. On...
