RSR channel developing - Reserve Rights Token - LongRSR channel developing - Reserve Rights Token - Long
This one has garnered some attention, has good backing and is targeting countries with failing central bank currencies. Hence; alt bull season = this one goes HAM.
Ham in a can.
Rsr
#Bitcoin yesterday scenario played well, now looking to break#Bitcoin extracts from this triangle of yesterday to test this range high ATH resistance.
Then of course it pulled back a bit. And now consolidating between the MA99 and the ATH resistance, looking to break it.
This is the most probable (in blue)
The other scenario would be to retest this ATH to 41700 or even a bit higher and then to pull back on the range low to continue consolidating... (in red)
If it does that then it will consolidate longer but it will break the ATH sooner or later.
And when it consolidate watch for #altcoin because they make good gains especially recently...
For example #SUSHI, #AAVE, #LRC, #RSR, #DOT, #UNI, #AXS
Between all of those are good alts but just be carefull with them...
Follow me on twitter for more -> @CryptoApeGod
RSRBTC - Broke out and Retraced off Bullfractal. All the way up?RSR has been one of my favourite projects since launch, excellent fundamentals and partnerships. posted good gains on last idea quite a while back.
Looking like it's gonna post up seriously here. had a big volume breakout and retrace and looking very bullish with a clear bull fractal and perfect entry off it.
All signs point to moon here. Keeping em short today because of so much movement, get it while it's HOT.
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 6: ReserveDISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 6 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Reserve Rights:
Projected ROI on Log Scale: 1100% or more
Projected Price Target: 0.38993
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 11X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for RSR is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
RSR is right now aiming to be a currency for countries with high inflation. However, they want to be a global currency of the world.
Stable coins just got legalized:https://www.coindesk.com/occ-banks-stablecoin-payments
It's backed by top Silicon Valley investors, including Peter Thiel (Peter Thiel usually don't make a shitty investment).
Nevin Freeman, it's CEO, is a genius and visionary. I can tell when I see one.
It were part of Davos 2019 discussion: www.youtube.com
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
reserve.org
marketsuncovered.medium.com
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Band Protocol
$RSR, Another chart to watch as it's showing interesting volume $RSR
Another chart to watch as it's showing interesting volume levels as it tests an relevant descending trendline..
UCTS Switching to Buys (green) across all lower timeframes..
~100 sats as important level to cross/flip if it aims for continuation.
#RSR
✳️Reserve Rights/USDT Analysis (27/12) #RSR $RSRThe buying power appeared in 0.016-0.017$ zone and RSR will increase again and retest the bottom of the broken symmetrical triangle pattern at 0.019-0.02$, if successful conquering this zone, RSR can completely rise sharply to the zones of 0.027$, 0.032$ and even the ATH zone at 0.039$
📈BUY
-Buy: 0.016-0.017$. SL B
-Buy: 0.019-0.020$ if A. SL B
📉SELL
-Sell: 0.027-0.028$. SL A
-Sell: 0.032-0.033$. SL A
-Sell: 0.038-0.039$. SL A
♻️BACK-UP
-Sell: 0.016-0.017$ if B. SL A
-Buy: 0.013-0.014$. SL B
-Sell: 0.013-0.014$ if B. SL A
-Buy: 0.009-0.010$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RSRBTC WyckoffThe current trading range has been existent since September and just had the volume come in to confirm spring.
Multiple targets to the upside at the 161.8 and 261.8 the latter is also close to a major monthly level.
RSRBTC WyckoffThe current trading range has been existent since September and just had the volume come in to confirm spring.
Multiple targets to the upside at the 161.8 and 261.8 the latter is also close to a major monthly level.
RSR almost bullishit should have pumped almost 15 days ago however if a candlestick close at a price higher than the last one on 4h chart (let's say 2.8% more) we'll be finally out of this resistance zone and I'll consider RSR bullish.
This coin has a lot of potential, it just need to gain some momentum and a decent buy pressure. You can't see it in this chart but price is currently at the top of BB so we need to break it through. Share this analysis to make it happen. Thanks
✳️Reserve Rights/USDT (28/11) View + Trading Plan #RSR $RSRRSR is currently under very strong selling pressure and it is likely to continue falling to re-test the 1600sts zone. If successful, it will rise back to the 2000sts zone and possibly increase to the 2800sts zone.
But the high possibility is that the uptrend of the RSR has ended and will fall sharply to the 1000sts in December
📈BUY- LONG
-Buy: 1600-1700sts.SL B
-Buy: 2000-2100sts if A, SL B
📉SELL-SHORT
-Sell: 2000-2100sts, SL A
-Sell: 2700-2800sts, SL A
♻️BACK-UP
-Sell: 1600-1700sts if B, SL A
-Buy: 900-1000sts, SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Cup & handle on the daily chartWhen the market settles down and and BTC stops messing with alts RSR should pump. I'm not FA expert but I've read only good things on their project so I suppose is good, moreover the TA is good as well as you can see. The height of the cup is the same increase we should reach (in my TA it's around 0.039USDT).
Basically what I'm saying is: buy before it takes off!