iExecRLC Bullish Triangle (Over 25% Potential Profits)

Updated
iExecRLC (RLCBTC), for which we shared a chart recently, is trading above a bullish triangle. This pattern can produce a breakout that generates up to 25% profits or more.

  • The RSI is bullish sitting at 60.55.
  • The MACD is on the bullish zone with the histogram going in favor of the bulls.
  • RLCBTC is currently trading above EMA5, EMA10, and EMA50.


Conditions for change: The above triangle becomes invalid if there is a candle close below 0.0000333.

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Note
Previous analysis:
iExecRLC Hits Oversold (Volume Breakout), Chart Turns Bullish
alanmastersaltcoinsBeyond Technical AnalysisbinanceChart PatternsCryptocurrencyiexecrlcRLCRLCBTCtradingTrend Analysis

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