ANY PULLBACK TO ORANGE AREA IS A LONG FOR $RSRRSR currently looking good like almost every alts, was able of breaking above last months range and consolidation area, celar market estructure break for me, and currently price is aiming for mid range at 0.65-68$ (grey box).
As you can see orange box is a clear S/R area that needs to hold at any pullback, it could go down sharply as a deviation but needs to close above in HTF, so if given thats a long for me to grey area.
Rsr
RSR/BTC buy opportunityHi followers,
RSRBTC formed very nice double bottom with false breakout.
From this moment we see buyers are stepping in and forming higher low in price.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
RSR: LongRSR certainly has a lot of news that looks bullish now. Seems Greyscale have been accumulating a very large bag, mainnet is apparently around the corner with good adoption in South America, and the Coinbase would most likely follow.
Chart looks good as well although short term, I'm expecting a pullback as the RSI looks a like H&S. So an RSI reset to around 50 as well as retest of the previous resistance could be a good a good launch point for the next leg up.
If BTC pumps though, could certainly see this 0.043 resistance get flipped to support without the restest.
RSR DESERVES MORE ATTENTIONFundamental analysis of RSR reveals that this project deserves a lot more attention than it has already garnered. No wonder it is one of the top projects Coinbase has invested in. However, it has not been listed on Coinbase yet. This bodes well for mid-term and long-term hodlers.
Technically speaking, RSR is breaking out of a huge range. The crucial resistance level ahead will catapult this coin into previous highs if retaken. RSI is in the overbought territory; however, it has some tiny room to grow to settle above the resistance zone. MACD indicates that it has some fuel left to propel the drive. Plus, an incoming golden cross between MA50 and MA100 might prove to be a catalyst. More importantly, the flip is a matter of "when", not "if".
I will definitely open a trade on the retest of the resistance flipped support. The trend line in black might prove a bit of a hurdle. Having said that, momentum will force a break out of that. Patience is the name of the game for now. A great opportunity is brewing.
RSR - Reserve RightsReserve rights is a good project overall , there team is constantly working and building things and finding solutions. We have coinbase listing this in future , grayscale accumulating there will be a matter of time we get 0.20-0.30 cents.
IMO we get another correction before a leg up.
RSRUSDT Has Made a Double Bottom
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RSRUSDT on H8
⬆️Buy now or Buy at 0.03663
⭕️SL @ 0.03497
✅TP1 @ 0.04408
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RSRUSDT . Now what?RSR after having a nice dip could try for a retest of upper 0.042 res again , but this will be the last run of rsr if btc dips .
yellow circle represents to sell there cause then there won't be any chance if btc crashes under 40k .
as of now I see rsr have bottomed out and can move to 0.042 again. after that
it can crash to 0.02 ( very likely ) black line downwards
OR can go to 0.05 ( less likely ) purple line upwards
so selling at 0.042 is the best opportunity of selling .
as of now I only see a bearish retest not up only
RSRUSDT, are we due for a down move ?From the past days since RSR got bottomed out it went on it's mini bull run and outpaced many alts .
it broke it's 0.034 resistance and turned it into a support.
after many green days, I think we are on the verge of down move and seeing a retest of 0.034 again
0.04 is also one of the bigger resistance we have to see .
but up till now rsr shows no signs of exhaustion
RSRUSDT long and bullishsalam be hamegi
RSRUSDT
bad az shekaste moghavemat chand maheye khodesh tunest yek parcham ro tashkil bede, va bayad montazere khoruj be samte bala mumundim, k khosh bakhtane in amal anjam shod, va mesle hamishe bad az khoruj dar timeframe pain montazere yek channel kuchik mimunim ta vorud konim
tamame in marahel gozarande shode va hala vaghte vorude
PRICE ACTION
agar ba man movafeghid like konid va comment bzarid
mamnun
porsud bashid
RSR - Almost ended Out standing performance. I really liked it, it was just pump pump pump.
But now it's almost the end of it. See that thick resistance? That's about it.
There are many support areas but only 2 of them are the main ones which I've shown on the chart. This might be a start of a breakout so those support areas can be very important.
I'll keep this chart updated.
Current Market Price: $21
Good Luck
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ALT Coin In Bottoming Process part 2
MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
If ALTs can hold this Level we should see a large bounce
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RSRBTC going long RSR is at major support level on the weekly and daily charts. And currently RSR has low liquidity on exchanges.
Fib R set at 0.702 for a potential exit.
Reserve Rights / USD $RSR - Writing was on the wallIn retrospect, on most cyrpto, the writing was on the wall for a major pullback.
RSR was no exception and dipped significantly. On Binance, dropped even deeper, but I use Huobi as it has full history.
In this case, I count a complete 5 wave move up. My EW is not the best, so take it or leave it. What was obvious though are the 4 consecutive tops on a daily timeframe with bearish divergence on RSI. This coupled with the BTC Dom chart looking to be locally bottomed at support, should have been an obvious red flag, which I ignored due to the Alt mania.
The move down is difficult to count but wave 2s tend to be sharper and more aggressive and we have touched the 0.382 fib on Binance already. If BTC has found local bottom then RSR should do well.
RSR : HIGH SPEC / MOONSHOT (RSRBUSD RSRUSDT)Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.
INVESTORS:
Sam Altman
Sam is the president of YCombinator, co-founder and co-chairman at OpenAI, and a prominent angel investor. He has invested in Airbnb, Stripe, Reddit, Asana, Pinterest, Zenefits, Instacart, Optimizely, Change.org, among others.
Coinbase Ventures
Coinbase is a digital currency exchange headquartered in San Francisco and originally incubated by YCombinator. Coinbase Ventures is an early stage venture fund, focused on investing in blockchain related companies.
Peter Thiel
Peter is a co-founder of PayPal, Palantir Technologies, and Founders Fund. He founded and funds the Thiel Foundation, which aims to further breakthrough technologies and improve humanity’s long-term future.
SEE FULL LIST : reserve.org
🆓Reserve Rights (RSR) May-22 #RSR $RSRRSR has just been rejected from the 0.04$ zone and if it wants to move up to 0.07$ or even 0.11$ zone, it needs to conquer this zone, if not, it will keep moving down to 0.02$ zone again
📈BUY
-Buy: 0.019-0.021$ if A. SL if B
📉SELL
-Sell: 0.039-0.041$. SL if A
♻️BACK-UP
-Buy: 0.039-0.041$ if A. SL if B
-Sell: 0.0685-0.0715$. SL if A
-Sell: 0.105-0.11$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone