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Rsr

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 👍
BITFINEX:BTCUSDShort
by Yurlo
LONG RSR - Oversold in an uptrend!!Reserve is a stablecoin introduced in January 2019 to iterate on the stablecoin projects that preceded it. The team decided that to build a lasting stablecoin, several design choices were necessary: an asset-peg that, short term, is set to a fiat currency, but long-term, is set to a basket of assets; fully collateralized backing; decentralized issuance mechanism. Thus, Reserve starts as a fiat-pegged stablecoin with the goal of transitioning to a diverse asset-backed stable currency in the future. The price target is originally set to equal $1.00.
Long
by HodlTradeCrypto
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