iEXEC RLC (RLC) Analysis: WOW! CUP & Handle....BULLISH or BEARISH? See the blog!
Aboslutely gorgeous cup and handle pattern. Once prices get above the top line of the handle formation, then anyone holding this coin will be happier with pontentially MASSIVE PROFITS!
Here is a didactic link to cup and handle patterns:
http://www.investopedia.com/terms/c/cupandhandle.asp
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Now the token is getting revealed to the masses. Still a lot of room for profits left. We keep it in our long-term portfolio.
The Best way and the most reliable one - find the gems (fundamentally strong projects which have strong team, a product in the mind to solve an important issue with high utility value). Ideally, it should have a reasonably deep moat vs. competitors. This is the recipie for success! Earlier or later the market will recongize the value of the project and will award you with immence profits. Real life example, RLC token (iExec) >+100% today! This pick was included in our portfolio yesterday and published here https://steemit.com/crypto/@p2port.com/crypto-portfolio-high-quality-crypto-assets-for-long-term-growth-created-on-11-january-2018
Why is there more CUP and handle TA I thought your expertise was in Elliot waves. Are you trying to expand your skills?
I use EW and Chart Patterns and cup and handle is chart pattern.
How abt ew on RLC ? I would like to request ADX, ixt, XVG update.
Ps beer money was sent, are EW more accurate than triangle or cups
just sent you (@haejin) some beer eth. cheers
We might have just pierced it! :D
Here is the updated analysis for RLC,
https://steemit.com/bitcoin/@haejin/iexec-rlc-update-what-that-cup-and-handle-ready-to-go-up-or-go-down-read-it-here
Solid post. I was about to start a similair discussion. The fluctuating market will result in the greatest price swings any market has ever seen. I found this great website: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. Go to: https://www.coincheckup.com/coins/iExec RLC#analysis To see the: iExec RLC Report.