YouKnowTheVibes

RLCUSD descending triangle

Long
COINBASE:RLCUSD   iExec RLC
After breaking the descending triangle and making it above the crucial $5.7 level it should see the targets pointed out on the chart. All of this is depending on BTC, as we all know. Your entry would be the retest of $5.7 as support with your SL being the recent low. As long as Bitcoin stay stable or uptrends we should see these targets hit relatively quick. With RLCUSD being as volatile as it is I highly recommend using this SL and these TP. Any words of constructive criticism is appreciated. Good luck and be happy my dudes!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.