iExecRLC Bullish Triangle (Over 25% Potential Profits)

1 Jul 2019

iExecRLC (RLCBTC), for which we shared a chart recently, is trading above a bullish triangle. This pattern can produce a breakout that generates up to 25% profits or more.

• The RSI is bullish sitting at 60.55.
  
• The MACD is on the bullish zone with the histogram going in favor of the bulls.
  
• RLCBTC is currently trading above EMA5, EMA10, and EMA50.
  

Conditions for change: The above triangle becomes invalid if there is a candle close below 0.0000333.

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Namaste.

1 Jul 2019

Nota

Previous analysis: