RLCUSDT needs to hold the support!
RLCUSDT is testing a crucial support level after experiencing a clear rejection from the $2.3 area, which is the weekly resistance level for the market.
If the price of RLCUSDT fails to hold this support level, it may likely retest it as a new resistance level according to Plancton's Rules, which is a technical analysis approach used in trading. In such a scenario, it may be a signal for short-term traders to initiate new short positions.
–––––
Follow the Shrimp 🦐
Keep in mind.
If the price of RLCUSDT fails to hold this support level, it may likely retest it as a new resistance level according to Plancton's Rules, which is a technical analysis approach used in trading. In such a scenario, it may be a signal for short-term traders to initiate new short positions.
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ Black structure -> <= 1h structure.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.