iExec RLC ( RLC ) Is Forming Bullish Shark | A Good Long Opportunity Ahead

iExec RLC ( RLC ) Is Forming Bullish Shark | A Good Long Opportunity Ahead

By moon333 | moon333 | 5 Mar 2020


Hi fox hope you are well, In my previous post the iExec RLC ( RLC ) formed bullish Shark on 4 hour short term chart and this trading idea produced more than 64% profit:

RCLBTC has formed bullish Shark | Upto 19% move expected

Click Here To Visit Previous Idea

 

Now this time on 1 hour chart is forming another harmonic pattern and this time it is another bullish Shark. All legs are formed now the priceline is forming last leg.


The Pattern:
Lest’s dig the pattern deeper to see how perfect this pattern is formed:

RLCBTC: RLCBTC forming bullish Shark | A good long opportunity

Click Here To Visit Tradingview To See Complete Chart
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B Fibonacci projection area and last leg (C to D) should be retraced between 0.886 to 1.13 Fibonacci then the priceline will be ready to take bullish or upwards move.


Buying And Sell Targets:
The buying and sell targets according to hrmonic Shark pattern should be:

Buy between: 0.00006681 to 0.00006501 sats

Sell between: 0.00006855 to 0.00007228 sats


Stop Loss:
The potential reversal zone area which is up to to 0.00006501 sats can be used as stop loss in case of complete candle stick closes below this level.


moon333
moon333

Hi, My name is Atif Akbar and I am trading charts author of all kind of assets


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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