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Rsr

RSR BULLISH REVERSAL HERE? RSR has been in a sort of downtrend since March. We may be at the bottom. If RSR holds support at the green box (both 4r and Daily support area), then I think this may be the bottom. 4hr RSI and Stock RSI holding trend and reset with a lot of way to run. I've opened a long here. If it goes through the bottom of the box-- I will close the long and revisit at a lower level. If it holds support, it will go upwards significantly. I will look take half of my long off the table at take profit 1. Set a stop loss, and let the other half ride up to the potential problem area I've indicated. There is a strong trend line there that may act as resistance as well as a fib level. If it rejects there , I will close my long or my stop loss will. If it breaks through with a 4 hour candle close and no immediate drop, I will add to my position. If it retests the line or several candle closes above, I will add heavily.
Long
by jigga5000
4
RSRUSDT - Reserve the Right to cash your tokens in on a big moveThere is an area of confluence waiting at an apex of two ascending trendlines, like a magic gravity well, it's drawing the smart money up after a period of consolidation. Also, stochastics is trading mid-range, reinforcing the possibility of a possible trend upward. I also asked your mom, even she agrees on this one. Just don't tell dad you spent his retirement fund on a "token". And, remember, if you don't agree with me, press play and see.....
Long
by Ifyouonlyknew
1
ReserveReserve 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. important HERE : Arguably Reserve's major defining feature is its Reserve Rights token, which is minted and sold when the RSV stablecoin loses its peg with the U.S. dollar. The funds generated by selling RSR tokens are used to replenish the RSV collateral pool, whereas when RSV is valued at above $1, the additional collateral will be used to purchase and burn RSR from the secondary market, driving down the supply. So this coin will use a Burning mechanic to stabilise RSV Second coin to 1$. Burn RSR = Grow up... invest wisely and DYOR more about Reserve.... this kind of coin could hit Coinbase PRO. Buy Zone : Now TP1 : 0.13.5$ TP2 : 0.1995$ SL : No need Happy Tr4Ding and Stay S4Fe!
Long
by thecryer
8
RSR / USDTWhat Is Reserve Rights (RSR) ? 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. Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem. In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool.
Long
by HolderYoda
1
RSR/USDT Entering to Alert ZoneIt is about to hit is next all-time high and may fall back to the short term support level 0.062 Zone. The time span between two highs is about the same and it may reflect the opportunity to do short. The trend needs to fall back to its short/long support level to continue the Bearish trend. The short opportunity will be reflected between 0.098 - 0.102 (This is only for short-term) Overall the charts are bullish. Share your thoughts on this. Disclaimer: This is not financial advise, do your research and analysis before entering the trades. You may lose all money if you enter into the wrong trades.
Short
by expertdiligent
Reserve Rights (RSR) Full Chart Mapped With TargetsReserve Rights (RSRBTC) has been in a bullish trend since the year started, right after the late December 2020 low was hit. We can see the three 3 wicks, 3 heads pattern, which is similar to the iH&S... When we see this pattern, we tend to end up with higher prices. We have a bullish MACD and RSI and prices moving above all the EMAs and also the green volume rising. There has been consolidation for long, but with the entire altcoins market now going bullish... It is only a matter of time before it is the Reserve Rights turn. Additional details on the chart. Leave a comment. Namaste.
RLong
by AlanSantana
2
Is RSR/USDT ready for it's next leg up?I've been trading in and out RSR/USDT since . 01 and it is the gift that keeps on giving. I am shitcoin_rich. I'm just some guy who made it in 2017 and gave a lot back to the market in 2018 and 2019, but, I learned a lot of great lessons and nuances of the alt market. My TA is meant to be simple, no gann fann's and fib circles. A few alt coin trading tips. I trade with EMA's as my baseline with price action as my basis for exact entries. I use fibonnaci/ market geometry/ indicators/ divergence for confluence on my entries/ exits. I am the farthest thing from a financial advisor. 1) When BTC is trending bearish , alts are mostly bearish . 2) When BTC is trending bullish , alts are mostly neutral or bearish . 3) When BTC is consolidating, alts are most neutral or bullish . 4) After a BTC bull trend, and moves into short to mid term consolidation, money almost ALWAYS moves into alts. 5) Alts follow Ethereum's macro trail mostly. Ethereum follows BTC's macro trail mostly. 6) If you trade alts with bearish momentum for Bitcoin or Ethereum , odds are you will lose. BTC is King. Ethereum is queen. Alts are volatile peasants. Trade Alt coins when BTC and ETH have bullish and/or sideways conditions. RSR/USDT put in the daily high on Feb 13th, and the daily swing low on Feb 23rd, and has broken market structure to the upside on March 9th . Some technical observations, especially regarding the Feb 23 low. - The February 23 low tagged the macro .618 fib extension and reacted bullishly. The low also wicked bullishly with a hanging man candle into a weekly order block. The reaction of the low put in a close of a higher high. And lastly the low tagged the Daily 55 EMA and moved bullishly away. - Subsequently we have put in a higher high at .083 cents and I am looking for a support/ resistance flip at the .067 local high. If that area (local . 618 retracement / 6hr 55ema) holds, I am forecasting the next leg up to .13 I am bullish on RSR's fundamentals and expect it to reach .50 and maybe even 1.00 this year IF BTC and ETH hold bullish macro market structure. And remember! Don't over risk! DYOR! Have a trading plan!
Long
by shitcoin_rich
4
RSR is going higher!The pattern still needs to be confirmed as well, but at the moment, we can state with a high degree of confidence the reliability of such forecast. This token is already in the public eye and about a week ago Grayscale Investments announced adding RSR to the pool of assets under its management. In the circumstances of general bullish sentiment, We observe the correction which gaining distinct features of an Inverse Head and Shoulders bullish pattern, with a bullish moving average crossover. So we can wait and try to catch up with the trend tomorrow, or We can lead it today! Our profit-taking levels: $ 0.09 and higher.
Long
by Deviantor_Wayne
1