Rsr
$BTC/USDTIf we we're able to break this triangle pattern, the market could recover from it's dump.
If $51,000 breaks, we could predict for another leg up for bitcoin and in some other alts.
Alts market cap is still looking good, btc.d is below 53.
Hoping that bull market cycle isn't finish yet.
But please, always put stop loss from every trade.
Trading alts now is very risky at the moment.
I would suggest, wait for the retest of 51k if it breaks before longing any alts and btc.
If we failed to break that resistance, we might go to 40-43k level.
alts would be bloody, make sure to have an exit plan before it happens.
Trade with a plan, and plan your trade.
Trade responsibly
CHZ/USDT MARKET CYCLE EXPLAINED Good day!! Green weekdays ahead.
In my technical analysis, in this chart explains the market phases. It is very important to study about these phases to increase your win rates in trading and also to avoid to be in distribution phase.
as of now I'm very bullish on CHZ/USDT.
In this chart, 2 cycles occurs.
as of today, i guess we're on accumulation phase of the market and i guess it is ready again for it's mark up for it's 3rd cycle of the market.
trade responsibly.
Trade with a plan.
Reserve Rights - Bottom yet?Yes, I think so. Notice the 5-3-5 corrective wave structure is complete and a 5 wave impulse to the current high. Expect a correction to confirm support before surging ahead.
RSR Long - 50 Daily Moving AverageBINANCE:RSRUSDT
What do we see here?
First, we have RSR crossing 4 times the daily moving average on a timeframe of 237 day.
Each and every time we crossed the MA we got a HUGE rally right after followed by a phase of accumulation.
I think going long on RSR now is not a bad idea if it's used with a good risk management.
My first target is 0.15$ with an extended at 0.22$
Reserve Rights Token (RSR) Hey Hey
RSR ON FIRE AGAIN
Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities..
TG 0.1- 0.105 -0.120 SL 0.9- 0.85
BYE
RSR is very promising in the long run, as it has been!Technical analysis regarding the price of RESERVE RIGHTS in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
A possible move on RSRBTCThough i am more optimistic it would go up, but a downward movement is a possibility too.