RLC - An Unconventional Trade Opportunity - For Brave-hearted

26 Feb

#RLCUSDT Analysis
Description
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+ RLC is presently consolidating near the resistance zone, displaying a consolidation pattern akin to its previous two consolidations.
+ Although this pattern may seem unconventional for trading, I maintain optimism regarding RLC's potential to adhere to this pattern and progress towards the next target.
+ Should this pattern persist, I intend to enter a long trade with a target set around 5.762. + Consider following this trade if you're willing to assume some risk in pursuit of substantial profits.
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VectorAlgo Trade Details
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Entry Price: 3.870
Stop Loss: 3.383
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Target 1: 4.191
Target 2: 4.490
Target 3: 4.996
Target 4: 5.762
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-15x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo