Hello Binance Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 #RBC has been forming a wedge pattern in red and now has been stuck inside an Accumulation Phase in the shape of a channel highlighted in orange.
Moreover, RBC is currently sitting around a strong support and round number 0.02
🏹 For the bulls to take over, we need a momentum candle close above the green neckline which would also be breaking above the wedge pattern, orange channel, and accumulation phase for the MarkUp phase to start.
Rubic is a Cross-Chain Tech Aggregator for users and dApps which allows you to swap any of 15,500+ tokens, on & between 40+ major blockchains and 90+ DEXs and bridges in one click.
I like the project overall, so I'll be keeping a close eye on their upcoming news and features that would be the catalyst to pull the price up.
📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
