RLCUSDT ROUNDING BOTTOM

23 авг. 2021 г.

Rlcusdt has been trading in a rounding bottom which implies a plausible uptrend reversal to the start of the of downtrend($11.54) and this can only be validated if rlc breaks the dynamic R in yellow trend line. There's a resistance level at $5.34 so a daily close above can ratify an uptrend to the dynamic R, if price fails to break then we should see a reversal to the current resistance level which'd act as a new support level. Be patient enough to wait for daily confirmation.
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