$RLC/USDT 2D (Binance Futures) Falling wedge breakout
iExec RLC is trying to regain 50MA which would propel it way higher, let's catch next dip!
More information about that blockchain-based decentralized computing on iex.ec/
Current Price= 3.4422
Buy Entry = 3.4211 - 3.1301
Take Profit= 4.0890 | 4.9961 | 6.9995
Stop Loss= 2.7316
Risk/Reward= 1:1.5 | 1:3.16 | 1:5.56
Expected Profit= +24.83% | +52.52% | +93.32%
Possible Loss= -16.08%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months
More information about that blockchain-based decentralized computing on iex.ec/
Current Price= 3.4422
Buy Entry = 3.4211 - 3.1301
Take Profit= 4.0890 | 4.9961 | 6.9995
Stop Loss= 2.7316
Risk/Reward= 1:1.5 | 1:3.16 | 1:5.56
Expected Profit= +24.83% | +52.52% | +93.32%
Possible Loss= -16.08%
Fib. Retracement= 0.5 | 0.786 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 3 months
Trade active
First entry fillediExec RLC hit exactly 3.4205$ then bounced back +10.56%, what a great start, now facing daily 200MA but don't plan on taking profit yet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.