RLY upcoming Rally? HUOBI:RLYUSDT
Lets take a look on this low cap coin next trade
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets and explanation idea
➡️We got 2 first one and local term resistance zones.
➡️First zone we can meet at after test "Exit" line on Take Profit indicator
➡️We got perfect bounce at "Buy line" on same indicator and important note with Volume
➡️Strong signal to buy on "Direction" indicator
➡️On Local resistance zone ill start looking set up to open short for correction.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
* For more ideas please hit "Like" and "Follow"!
RLYUSD
$RLY basing for next leg up? $.022 target?$RLY seems to be consolidating and I expect price to return to $.0115 to retest it as support after it broke up above it. If that area holds as support, then I see another leg up for $RLY which can see 80%+ upside to the $.022-$.024 target.
Let's see if it plays out.
Is it finally time for $RLY to rally? Next stop $.03, then $.05?$RLY looks like it's finally time to move.
As you can see from the chart, $RLYUSD finally broke out of it's downward trendline and looks poised to move higher. Once rally breaks $.02, I see a quick move to $.03 and if we can hold above the $.03 resistance, then I see continuation to $.05 where I think the end of this move would take place.
A chance at 3x upside from the current levels if it plays out.
Good luck.
$RLY taking a long here at the lows for chance at large upside$RLY went a lot lower than most people thought was possible (including myself). I've been waiting patiently and watching for some indications that this could be bottoming and it looks like we finally just got some signals.
The big signal that stands out to me is the 2D buy volume being the highest on the chart right at the bottom. That gave me the confidence to take an entry here at $.021.
If this starts moving higher, I think we could see a pretty strong bear market rally to retest resistance at $.30 and potentially even $.45 (the 50% retracement from the highs). The R/R is really good here 1300-2000% upside w/ minimal risk. Taking a small position w/ a shot at big returns.
