iExecRLC Hits Oversold (Volume Breakout), Chart Turns Bullish

iExecRLC hit oversold recently on the RSI after hitting a new all-time low on Binance.

We are also looking at bullish divergence on both the MACD and RSI... Here is the long-term chart where you can spot the divergence:

Looking at iExecRLC (RLCBTC) short-term, daily time frame, we can see a volume breakout; we are looking at the highest volume since March, as well as a very strong green bullish candle.

RLCBTC has the potential to bounce and move up from here.

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This is Alan Masters.

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Комментарий:

This one is about to move again... We have a bullish triangle, here is a potential target:

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New chart: