iExec RLC / Bitcoin
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IEXEC RLC / BITCOIN - Long Term Trend

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A great project with strong fundamentals and the potential to provide decent BTC ratio gains during the start of the altcoin cycle

Fundamentals:

  • Promising project with a technically knowledgable team, decentralized Oracles (look at what happened in price action compared to LINK), Cloud Computing for graphic 3d rendering and AI (machine learning models), etc.
  • Enterprise Marketplace Launch Q1
  • Collaboration and research with large industry players in the tech sector
  • Total Supply = 86,999,785 RLC
  • Circulating Supply = 80,070,793 RLC


Technicals:

  • Weekly MACD histogram showing bullish flip on the weekly chart
  • Parabolic SAR indicates a start to a potentially strong uptrend on the daily chart
  • Price broke out of the long-term bullish descending wedge and formed a medium-term bullish descending wedge
  • Price forming Ascending triangle on 4h chart
  • Long-term Gann line acting as support should the ratio drop
  • EMA Cross on daily (20 EMA ready to cross above 50 EMA)
  • Fractal points to a future price increase up to at least red horizontal or orange resistance lines


Targets for RLC/BTC
  • TP1 = +-0.00021
  • TP2 = +-0.00026
  • TP3 = +-0.00039
  • TP4 = +-0.00057
İşlem aktif
Strong breakout of descending wedge, TP1 (1.0 Fib level) hit. First take-profit level. Awaiting formation of consolidation structure/correction before moving on up to TP2.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.