RLB - Breakout Confirmed
Here is an updated to our previous post that can be found here: https://www.tradingview.com/chart/RLBUSD/WwdcWB9S-RLB-Structure-Update/
Since that post
RLB has seen an explosive 35% pump on the 3D breakout. Here's what to watch for next.
Price has seen some sellers come in and defend the liquidity zone around $0.115. Getting the retracement now, we want to see price hold and create a higher low between $0.085-$0.095. This would confirm the retest of the breakout and would most likely send price to an initial target around $0.20 (130%).
You can also watch the 3D RSI we have been mentioning. If the 3D RSI continues to close above the 55 level and confirm that as a new level of support, it would give an even stronger confirmation of the potential 130% move.
Since that post
RLB has seen an explosive 35% pump on the 3D breakout. Here's what to watch for next.Price has seen some sellers come in and defend the liquidity zone around $0.115. Getting the retracement now, we want to see price hold and create a higher low between $0.085-$0.095. This would confirm the retest of the breakout and would most likely send price to an initial target around $0.20 (130%).
You can also watch the 3D RSI we have been mentioning. If the 3D RSI continues to close above the 55 level and confirm that as a new level of support, it would give an even stronger confirmation of the potential 130% move.
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