iExecRLC Hits Oversold (Volume Breakout), Chart Turns Bullish

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iExecRLC hit oversold recently on the RSI after hitting a new all-time low on Binance.

We are also looking at bullish divergence on both the MACD and RSI... Here is the long-term chart where you can spot the divergence: snapshot

Looking at iExecRLC (RLCBTC) short-term, daily time frame, we can see a volume breakout; we are looking at the highest volume since March, as well as a very strong green bullish candle.

RLCBTC has the potential to bounce and move up from here.

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This is Alan Masters.

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Note
This one is about to move again... We have a bullish triangle, here is a potential target: snapshot
Note
New chart:
iExecRLC Bullish Triangle (Over 25% Potential Profits)
alanmastersBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bitfinexbitmexbittrexiexecrlcTechnical IndicatorsRLCRLCBTCTrend Analysis

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