After RLC broke out of the $1.6 zone, buying pressure came back strongly and RLC rallied to the $2 zone shortly after. This is a sign that the $1.6 zone is still a good support for RLC. If we don't lose this zone, in the near future RLC can rise back to the 2.5$ zone
๐RED PLAN
โป๏ธCondition : If 1-Day closes ABOVE 1.6$ zone
๐ดBuy : 1.6
๐ดSell : 1.9 - 2.2 - 2.5
๐BLUE PLAN
โป๏ธCondition : If 1-Day closes BELOW 1.6$ zone
๐ตSell : 1.6
๐ตBuy : 1.3
โDetails
๐ซStoploss for Long : 10%
๐ซStoploss for Short : 5%
๐Red Arrow : Main Direction as RED PLAN
๐Blue Arrow : Back-Up Direction as BLUE PLAN
๐ฉGreen zone : Support zone as BUY section
๐ฅRed zone : Resistance zone as SELL section