RBC - Shift In Momentum In Action ⏱

3 Apr 2023

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📉 RBC has been forming a wedge pattern in red and now has been stuck inside an accumulation phase in the shape of an inverse head and shoulders pattern.

Moreover, RBC is currently sitting around a strong support and round number 0.02

🏹 For the bulls to take over, we need a momentum candle close above the green neckline which would also be breaking above the wedge pattern and accumulation phase for the MarkUp phase to start.

Rubic is a Cross-Chain Tech Aggregator for users and dApps which allows you to swap any of 15,500+ tokens, on & between 40+ major blockchains and 90+ DEXs and bridges in one click.

I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich