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Rlcusdlong

#RLC/USDT#RLC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.995. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are heading toward stability above the 100 Moving Average. Entry price: 1.028 First target: 1.063 Second target: 1.102 Third target: 1.152
Long
by CryptoAnalystSignal
#RLC/USDT Pump Anticipated#RLC The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking strongly upwards and retesting it. We have support from the lower boundary of the descending channel, at 1.155. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 1.143, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 1.170. First target: 1.200. Second target: 1.234. Third target: 1.282. Don't forget a simple thing: ease and capital. When you reach your first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#RLC/USDT#RLC The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 1.13 We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 1.15 First target 1.17 Second target 1.20 Third target 1.25
Long
by CryptoAnalystSignal
RLC/USDT Forms Falling Wedge Pattern with Strong Support!💎 RLC/USDT exhibiting a falling wedge pattern on the price chart which indicates a period of consolidation before a potential upward breakout. 💎 One key aspect of the falling wedge pattern is the presence of a strong support level. The price of RLC has consistently found support near a specific price point, which has prevented further downward movement. 💎 If the downward support is breached, meaning the price drops below this level and fails to recover quickly, it would invalidate the falling wedge setup. 💎 A break below support could signify a change in market sentiment, potentially leading to further downward pressure on RLC. 💎 However, as long as the strong support level holds, the falling wedge pattern remains valid and suggests a potential bullish move. Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long
by MyCryptoParadise_Simon