RLC / BTC (4-11-18) - Simple Analysis for beginners

in #bitcoin • 8 years ago (edited)

rlc btc.jpg

RLC / BTC finally broke out and closed above 50ma on daily chart....
It might retrace back to 50ma again but as long as it stays above/at 50ma,
it has a good chance to rebound in my opinion.

  1. Convergence between PRICE & MACD
  2. MACD is trying to cross 0 line
  3. The lagging line just crossed above price bar even though it is still under ichimoku cloud.
  4. The volume needs to be increased.
#crypto #cryptocurrency #cryptocurrencies #altcoins
8 years ago in #bitcoin by
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