Rsr
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!
RSR WAVE 3five waves and a correction to the 200 DMA
possible wave 3 on the way
elliott wave technicians please chime in
0-5 triangle trade setup (sideways but range is getting tight)-Yurlo
We've seen a 2 thousand dollar pump from $17,500 - $19,500 since the run at ATH on December 1st 2020, so what does this mean?
Pumping to new highs and entering price discovery won't be easy, if we dumped to $18,300 from this range it would still be a higher low and at support on the trend line. Lose that and we fall much lower, break this triangle to the upside and we're less than $500 from ATH's which we havent seen since 2017/2018.
If i was short I'd have a s/l just above ATH's and if i was long i'd have a s/l just below $19,000 which is local support.
Enjoy your day and have an amazing week, I'll post again on Friday.
Cheers friends 👍
RSR is preparing for moonshotMa ribbon has not been crossed yet on daily timeframe but something is brewing.
MAs are tightening more and more each day.
MACD is still below neutral zone.
I would wait a break of the ribbon with a positive macd to enter this trade.
Remember that money management is everything.
Good trade to everyone.
$RSR/BTC 4h (Binance Spot) Descending triangle breakout#ReserveRights is looking ready for the next move up, let's grab a bag here.
Current Price= 0.00000101
Buy Entry= 0.00000102 - 0.00000098
Take Profit= 0.00000112 | 0.00000124 | 0.00000132
Stop Loss= 0.00000088
Risk/Reward= 1:1 | 1:2 | 1:2.67
Expected Profit= +12.00% | +24.00% | +32.00%
Possible Loss= -12.00%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h