This RLC/USDT Weekly Chart highlights a breakout from a symmetrical triangle pattern 🔺, signaling bullish momentum 📈. Strong support levels align near $2, while Stoch RSI is overbought, confirming buyers' dominance. The projected target reaches $88 🎯, with intermediate resistances at $5.6 and $16.35 🛑. With EMA Ribbon supporting the uptrend and volume profile suggesting accumulation, the chart favors bullish continuation 🚀. Stay patient—RLC’s rally might be epic! 🌟
The TOTAL3 Chart shows a completed cup-and-handle pattern ☕️, followed by a successful retest of the breakout level 🔄. This bullish structure indicates strong upside potential 📈, targeting higher levels in the $1.5T range 🚀. RSI remains elevated but not overbought, confirming strength 🔥. The chart reflects growing confidence in altcoins, and with this bullish setup, RLC and other altcoins are likely to follow the broader trend 📊.
The BTC Dominance (BTC.D) Chart shows a bearish structure forming after breaking below the rising channel 📉. A successful retest of the lower boundary confirms potential downside, targeting the 40% range 🚨. RSI indicates bearish momentum, suggesting altcoins may gain market share as BTC dominance declines 🔄. This aligns with bullish sentiment for RLC and other altcoins 📈. The chart hints at a shift towards altcoin performance, boosting confidence in their potential rally 🚀.
The USDT Dominance Chart (USDT.D) displays a bearish Head and Shoulders pattern 📉, indicating potential downside for USDT dominance. A break below the neckline confirms a shift in market dynamics towards risk-on behavior 🚀. With RSI near oversold levels, capital is likely flowing into altcoins like RLC 📈. This reinforces bullish sentiment for altcoins as USDT dominance decreases, paving the way for a strong altseason. Altcoins are ready to shine! 🌟
The RLC/USDT Liquidation Heatmap indicates substantial liquidations at key levels, with intense liquidation zones around $2.40 to $2.60. Price stability and reduced selling pressure signal bullish sentiment 📈. Strategic long entries seem plausible as momentum builds! 🚀
Entry: 1.875 or Market Price
1st Tp: 5.106
2nd Tp: 14.286
3rd Tp : 70.571
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