A couple of tokens have been seeing HUGE returns over the last 24 hours, looking at GXS, NULS, CTXC and the like.
All of them started with an initial bullish move and a bounce from one of the Fibonacci retracement lines.
The same seems to be happening with RLC as we speak. Big initial move and a bullish bounce from the $5, between the 0.5 and 0.618 Fibonacci retracements.
In case $4.9 holds, I'm looking at a potential target of $6, or even $7 if we're going to follow the prior parabolic moves. Be aware that this is a risky set-up, so apply your portfolio management accordingly.
Happy trading!
All of them started with an initial bullish move and a bounce from one of the Fibonacci retracement lines.
The same seems to be happening with RLC as we speak. Big initial move and a bullish bounce from the $5, between the 0.5 and 0.618 Fibonacci retracements.
In case $4.9 holds, I'm looking at a potential target of $6, or even $7 if we're going to follow the prior parabolic moves. Be aware that this is a risky set-up, so apply your portfolio management accordingly.
Happy trading!
Nota
Bitcoin started dumping ight after this publication. Trade invalidated, might come back to check on the chart once BTC cooles off.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.