RLC LONG IDEARLC falling wedge pattern detected in 6h timeframe. Also it is forming double bottom which is bullish sign for upcoming days. Expecting a bullishness from current price. If it gets some momentum then we will see 50% to 100% growth in upcoming weeks.
Targets could be 1.7, 1.9, 2.2, 2.6, 3.0
STOP 1.4
RLCUSDT
RLC: 📈 Watch for potential opportunities.💎 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.