Here's the analysis of #RLC :

#RLC slides below the major support zone of $1.541 - $1.644 and now turned it into major resistance. Currently, price retesting the zone for making a potential lower low and expected to reach the next support at $1.354 - $1.371. You can risk accordingly here to shorts till support.

Market is dropping heavily now, and even exceeded the mentioned levels. I hope you followed our suggestion for this week, now market is highly volatile, try now to catch bottom or wick entries. Just wait for the momentum to settle down.

#Bitcoin just breaking all its support levels due to major announcement for Biden and Other fundamentals Factors. Price is no more hodling bullish market structure on HTF and $20,000 is the physiological level for now. A weekly candle closing will decide the further move, which is most probably, it will be a down-move.

#RLC dropped hard with the market direction, and if you executed the position then you're 15.6% in profit. If you took profits at support then shift Stops to Breakeven or close the half position now. Price still have clean range till $1.15 area support

Nearly -14% down since the Start of the March 👀

What is Three Black Crow Candlestick Pattern ?

Three Black Crows is a bearish #reversal candlestick pattern that consists of three long black (or red) candlesticks with small or no shadows. Each #candlestick opens within the previous day's real body and closes lower than the #previous day's close.

This pattern is usually observed after an #uptrend, and it indicates a strong reversal in the market sentiment towards bearishness. The first candlestick represents the beginning of the bearish move, the #second candlestick shows continued selling pressure, and the third candlestick confirms the reversal.

Here's the analysis of #MASK :

#MASK sharply rejected the strong support zone of $2.59 - $2.63 and retracement all the to resistance zone of $2.878 - $2.901. Look like price is getting rejection, and might possibly fell back to support. Well, not a opportunity as range is small, better wait for the levels to break.

Price is retesting the level and rejected from there. The weekly candle closing is the decision zone for next move. #BTC is looking weak on LTF.

#RLC continues the drop and moved around 20.7% in profits. We recommend to take major partials here and hodl small position now. Price almost tapped out the rejection area to the left.

2.65B #USD Coin supply has been redeemed for the past 24 hours.

There's a lot of FUD going on with #USDC, #DAI, #USDD De-peg As #SVB Crisis Deepens.

What is Rising Three Candlestick ?

The Rising three pattern is a bullish continuation pattern that appears during an uptrend. It consists of 5 candlesticks, with the 1st candle being a long bullish candlestick, followed by three small bearish candles that trade within the range of the 1st candlestick, and then a final long bullish candlestick that closes above the high of the 1st candle.

Here is a breakdown of the five candles in the pattern:

- The 1st candlestick is a long bullish candle that signifies the continuation of an uptrend.

- The 2nd, 3rd, and 4th candles are small bearish candles that trade within the range of the first candlestick. These candles represent a short-term pullback or consolidation.

- The 5th candle is a long bullish candle that breaks above the high of the first candle, indicating a continuation of the uptrend.

The rising three pattern is considered a reliable bullish continuation pattern, as it shows that the buyers are still in control despite the brief pause in the uptrend.

Here's the analysis of #MKR :

#MKR is been given a fakeout below the strong support level of $634 - $654 and reversed back up to retest the resistance at $681 - $685. Well, overall market is suffering, so better hodl on for long position in this and short after break of $634.

#Bitcoin didn't shown any movement strongly, and rejected over the zone. This might be the another rejection as price approached the zone very correctively. Another case can be, if price flips the zone then a move can be expected till $21,200 resistance.

#SNX didn't gave any reaction over the support trendline and break below straight away. Price nearly bounce off from the strong support zone and currently hovering below the hourly resistance area. Close all positions in this trade and enjoy.

With the fallout from Silvergate and the banking sector, #Bitcoin tanked over 5%.

As a result, $300M worth of liquidations in the past 24 hours.

Futures Perpetual Funding Rates have just turned negative, could see late shorts rekt 📈

The coin we have picked for today's Mega Bull Call is: IHC

https://trade.kucoin.com/IHC-USDT

Buy and hold for massive profits

75% market buying will work!

https://trade.kucoin.com/IHC-USDT

Target for #IHC is +1000%

Buy and hold 🚀

https://trade.kucoin.com/IHC-USDT