🔥 RSR Bullish Wedge Break OutAfter a strong run up early 2021, RSR has been seeing some consolidation. In the last two days RSR has shot up again and is starting a new bullish trend upward. Today marked the day that it pierced through the wedge pattern, signaling a new parabolic move upward.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.07 and $0.09 respectively. Do your own due diligence.
Happy trading!
Rsr
$RSR $BTC | Imminent Break, 3 Key Metrics To WatchBINANCE:RSRBTC
Very interesting chart with 3 key tings to watch for.
1st - Price action is about to react to a previous resistance zone and re-test. Break of this and we're likely to trend down considerably for some time. Rejection and we're looking for a higher high to confirm the trend to be sure but with rejection gives opportunity for an entry.
2nd - Incidentally this is a key area as POC on the VPVR is also piercing right through with much of the high volume nodes
3rd - Price action has been slowly compressing over time with a series of lower highs and higher lowers visually represented by the resistance and support lines drawn forming a bull pennant
Can be patient with this one and wait for confirmation or alternatively long the retest
RSR - bullish symmetrical triangle?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = Bullish, but consolidating (LH, but HL)
Notes:
- Forming symmetrical triangle on the 1H/4H
- D1/W1 support holding nicely
- Symm triangle breakout could coincide with breaking W1 resistance
Ideas:
- If symm triangle breaks up and we break the W1 resistance I'm expecting continuation to the upside
Daily resistance above the weekly should pose no issue in that case
A Double Bottom and cup&handle seen in $RSR 1hr Time Frame A Double Bottom and cup&handle seen in $RSR 1hr Time Frame that could move up to $0.049
This is just the start for $RSR!!!
TYOR...
DYOR on $RSR <3
just a practice as a newbie..
my last chart on $RSR was a breakout, i hope this chart too hehez
becareful!
RSR's Strong Daily Candle Means A lotWarning: our thoughts are ours; not financial advice.
Yesterday was very bullish for the Reserve (RSR) cryptocurrency yesterday. This to us means a lot. And with a close above the 21 MA, we can only but expect more bullish days ahead.
We believe RSR can easily go 2x from this point in the coming days.
Don't forget, it's a good practice to take little profits along the way to the top cause no one really knows the top. You don't want to HODL your way right to the top and lose all again. Be smart.
$RSR Technical analysisGood day!!
I brought up some analysis today since the market is so boring and risky.
As per my analysis, in 1D TF indicates us a trend reversal pattern using head and shoudler.
Aside of that if BTC doesnt play on its resistance, rsr would go down and it has a possibility to break its strong trend line.
No one knows how deep it would be. But if you believe in RSR's project. U should buy on this freaking dips.
RSRUSDT (Channel Breakout)RSRUSDT (1H CHART) Technical Analysis Update
Channel Breakout
RSR/USDT currently trading at $0.041
LONG Entry-level: $0.040 to $0.042
STOP LOSS: Below $0.0365
Resistance level 1 (Target 1) : $0.0441
Resistance level 2 (Target 2) : $0.0493
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RSR rangers get ready for full uptrend!One last TA for tonight ! RSR !
It's forming a bullish pennant pattern, waiting for breakout.
Everything else is mentioned on the chart.
Good night all !
OCEAN following its big bro RSRAs title.
She gonna pump. Now the question is, is the next leg on RSR going to be more vertical than this leg coming up on OCEAN?
I took some VECHAIN profits and swung it into this OCEAN spot bag.
Simply because VET is ranked 20th or so and this one is 102.. more room to go on this one by far. I did keep some VET of course.
GLHF!
RSR START GROWBINANCE:RSRBTC Big resistance between 135-150 sato let's see what happend in the next week