🆓iExec RLC (RLC) May-22 #RLC $RLC

RLC is moving in wide ranges and it's very difficult to handle. At the moment, 6$ zone is a good support and the selling pressure is decreasing so we can expect a recovery or even a new rally in the next few days up to 8$, 10$ and 12$. But if it loses the 6$ zone, it could dump to 4$ easily

📈BUY PLANS
-Buy: 5.8-6.2$. SL if B
-Buy: 7.8-8.2$ if A. SL if B

📉SELL PLANS
-Sell: 7.8-8.2$. SL if A
-Sell: 9.7-10.3$. SL if A
-Sell: 11.7-12.3$. SL if A

♻️BACK-UP PLANS
-Sell: 5.8-6.2$ if B. SL if A
-Buy: 3.8-4.2$. SL if B

❓Details
🕯Timeframe : 8 Hours
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone