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MyCryptoParadise_Nathan
Apr 18, 2024 1:30 PM

RLC: 📈 Watch for potential opportunities. 

iExec RLC / TetherUSBinance

Description

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💎 Paradisers, #RLC is exhibiting a bullish market structure and might gather liquidity before reaching the bullish Order Block (OB).

💎If #RLCUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish OB, we can anticipate a bounce from that point.

💎Should the bullish OB break down without any CHoCH or BOS, a bounce from the demand area might be expected, but we'll need confirmation before proceeding.

💎If the price breaks down both of these levels without any confirmation, it would be prudent to overlook #RLC for the time being.
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