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Rsr

🔥 RSR Channel TradeRSR has been inside this channel for almost three weeks now, seeing some quite decent returns during that time. This trade is based around the idea that the channel will hold. Since the short term trend is edging bearish, we'll place our Entry point around the area where I'd expect the price to touch the trend. Wait for the price to touch the entry line before entering. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
33
RSR: +100% pumping incomingThe RSRUSDT is moving in a log channel for a long time. Now it is heading to the upper band again, which is expected to be around 0.115 to 0.13 usdt range. But be careful of the midline of the channel. The midline always played as a resistance/support in the history of RSR. Let's see if it breaks out. MACD is golden crossed in the daily. RSI is moving strong. We also have a nice Head&shoulders pattern, which is almost confirmed. The target of H&S is 0.9744. I will take some profit at the upper line.
Long
by RidingBubble
$BTC In this technical analysis, it shows hidden divergence in 4 hours time frame. Fair enough to indicate a good sign of correction. One thing is the falling wedge pattern from the top before the dump. BUT. Bear momentum is very strong, it might invalidate anytime and it could break the parabolic structure. If 41k level doesn't break, i want to see a consolidation phase before the pump continues. That's all for today. Happy trading. Recap to my bias. -Falling wedge. -RSI indicates hidden divergence, or bullish divergence. NOT A FINANCIAL ADVICE. Trade at your own risk.
Long
by CryptoProfessor
RSRUSDT Local S/R| Swing High| Price Action| Volume Evening Traders, Today’s analysis – RSRUSDT- trading above a key Local S/R where further upside is probable, - Points to consider, - Price action impulsive - Local S/R support - Swing High Objective - Volume Influx RSRUSDT’s immediate price action is impulsive, trading above a key trade location, the Local S/R Zone, allowing for a bullish bias. The Swing High is the current objective, exceeding this level will lead to a trend continuation. There has been a volume influx, this is indicative of a true break, volume follow through is required to suction momentum. Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
Long
by AzizKhanZamani
7
🔥 RSR Long Term Channel AnalysisRSR has been trading in this channel for almost 5 months now. During that time, a channel touch has always resulted in a change of direction. This trade is based on the idea that RSR will keep on falling in the near future, only to reverse to the bullish side when the channel support has been hit. Before entering this trade wait for the price to touch the Entry line. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence. Happy trading!
Long
by FieryTrading
19