RLCUSDT.P trade ideas
2 options on the table right nowResistance at 11.
Support at 9.8.
Either RLC will hit 50% again(FIBR) and bounce back up to resume bull run.
OR
It'll keep dropping passed to the 61.8% zone and will keep price of 10.5000 for a while.
Personally I think RLC is close to surpassing the $14! Let's see how it develops
TAJust my Opinion Not a Financial Advice
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rlcusdtrlc looking to break the channel .market still bearish .It could be a good scalping oppurtunity
RLCTwice in the past 24 hrs, it has tested a resistance, could not break, retested and continued down. It is at the .382 fib right now and if it breaks down, we will likely see price go below 8.
If it holds at this fib, the next retest of trendline will be around 10.2
Falling RLCUSDTRLCUSDT is falling and if cant sustain 9.8 level , then next target will be around 8.0
Will update the analysis accordingly
RLC pump ahead?It seems RLC is near ending it's down spiral. Assuming my TA is correct, It might even hit 19 and even 20 by the end of this week.
$RLC. iExecRLC. Catching some serious momentum.It's on the move in a big way! I've been taking profits before the final wave recently. Let's let the profits run this time!
RLC News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
