rakhascapital

Waiting for descending

Short
BINANCE:RLCUSDT   iExec RLC / TetherUS
Technically.
We have an 56 days of accumulation after downtrend. After up edge of the zone breakdown we came back into. Therefore RLCUSDT is nog willing to start a new uptrend. Form the other side, global BTC benchmark in nearly to start new uptrend, but RLCUSDT is looking for downtrend. We expect downtrend for the pair of RLCUSDT, but we would like to wait for a solid entrance. Meanwhile some stop-orders could be placed below the current price...
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