If you’re opening short positions on $RLC after its record-breaking rise, you’re offering yourself up as liquidity fuel for major financial institutions. The volume profile shows sustained buying absorption keeping the price consolidated above the moving averages, leaving all the liquidity from bearish traders completely exposed to another explosive move.
Signal: Long $RLC | Entry: 0.6900 - 0.7050 | TP: 0.7850 | SL: 0.6550
— BlockchainAMIRA
Signal: Long $RLC | Entry: 0.6900 - 0.7050 | TP: 0.7850 | SL: 0.6550
— BlockchainAMIRA
