The RLC/USDT pair is currently forming an ascending triangle pattern, with heavy accumulation indicating potential upward momentum. If the price successfully breaks above the triangle, it could signal a bullish breakout. Key target levels to watch are $2.9299, $3.6033, and $4.8083, aligning with projected resistance zones. Traders should monitor volume closely, as increased volume during the breakout would confirm the move. This setup suggests a strong bullish opportunity, but caution is advised, as false breakouts are possible. Proper risk management remains essential for trading this potential breakout.
On the daily (1D) timeframe, the Others.D market cap is forming a Bullish Falling Wedge, a strong bullish reversal pattern that typically signals a potential breakout to the upside. This technical structure suggests that buying pressure is steadily building up despite the consolidation phase, creating an environment conducive to bullish momentum.
Adding further weight to this setup, the RSI (Relative Strength Index) is trending upwards, highlighting growing strength in the overall market sentiment. Simultaneously, the Stochastic RSI is also moving higher, confirming the possibility of continued upward momentum. These indicators collectively point to a market poised for another significant move, reflecting strong buyer interest and diminishing selling pressure.
Given this favorable confluence of technical factors, the Others.D market cap seems primed for another pump. This broader sentiment is likely to spill over into individual assets, including RLCUSDT, which could experience significant growth in the near term. With the current setup, the odds of a strong rally in RLCUSDT appear exceptionally high, making it a compelling asset to watch closely for a potential breakout.
In the 1D time frame, a cup and handle pattern is visible in Others Market Cap, indicating a bullish trend. The market recently retested the $182.581B zone and now targets the $700B level, signaling a potential breakout. RSI and Stoch RSI are both moving upward, further confirming bullish momentum. This suggests a significant pump in Others Market Cap is likely, with THETAUSDT also expected to follow suit. Confidence level: 99%.
Entry price- 1.792 (JOIN MY LIVE STREAM FOR PREMIUM SIGNAL)
1st tp- 2.195
2nd tp- 2.700
3rd Tp- 3.525
4th Tp- 4.500
leverage 5x
sl- 1.633
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