RLC/USDT Secondary trend. Channel

secondary trend. descending channel. Timeframe 3 days. Logarithm. Percentage of key reversal or trend continuation zones

Coin in coinmarket: RLC

The same indicators on a line chart.

Local impulse zone. Timeframe 1 day

Main trend to understand what zone the price is in.

RLC/USDT Main trend. Linear

Pair to USDT, but you can trade to another stablecoin you like. Everything is relevant as long as the USDT is stable. Then it will be different (of course, the probability is no more ...). Think ahead.

Comment:

The first local short target has been reached -26.13% from 1.069 to 0.79. From this level at the moment a reversal. Price in the pinch zone.

Comment:

momentum +60% from 1.069 or +113% from 0.79 (minimum price of pullback).

After local 1 impulse +70% (redemption of the cup, liquidity in the range of lows) - pullback. Consolidation in the designated jam zone of 0.79-1.069.
16-169=169(18) That is 16 bottom and 169 action values + exit day 10 08 (18) and the action itself 18 (pampa).

04 08 (3 day time frame) estimated time to pull up to clamp resistance before impulse to break resistance of downtrend secondary. An impulse to the 1.82 level zone (1.695). Which is what this action means. At this point the pullback to the breakout zone.