Rsr
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.
Rights Reserved might be more that Reserved. RSRUSDA similar picture to Balancer. Anyway I am bullish, but might be a little to draw meaningful goals at this stage, but like BAL, I have positions in this. Good luck traders! Not financial advice.
RSRBTC RSRBTC
Purchase in the area 0.00000114 - 0.00000101
1 - 0.00000128
2 - 0.00000147
3 - 0.00000160
Stop, fixing below 0.00000096
Buy a coin for 3-5% of your deposit
✅ f you like what I do, put 👍 and subscribe
Waiting for your comment, what do you think about this?
Watching RSR! (RSR/BTC)RSR has made a Double Bottom Formation.
It's trying to break the resistance at 122 sats.
If it succeeds, we don't have any consistant resistance up to 250 sats.
It may be exposed to a sell pressure anywhere between 150-250 sats.
For this reason, If you take a long position, keep your stop-loss close.
If it breaks the uptrend line down, its next stop will be 75 sats.
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
BITCOIN FRACTAL $900,000 IN 2022it is with great pleasure and wild speculation that I present to you this fractal
this can only be the work of a mad man
it is best to leave well alone such fantasies of grandeur and fortune
and keep your nose to the grindstone if you want to earn an honest living
you can take up an apprenticeship at the blacksmiths' shop in the square
or you can short bitcoin with 10x leverage
whatever you choose please make sure it is your calling that pulls you into faithful service of mankind
may the odds be ever in your favor!
ALL TIME HIGH ($20000) or HTF MACRO CORRECTION?-Yurlo
$18,000+ USD for SINGLE bitcoin.....
(1st bull run for learning, the 2nd for earning)
I've been wrong since $10,500 and have shorted the local bottom multiple times (this is my 1st year learning how to trade from 0 experience) Where did i do wrong? At $8800 my predictions were breaking the historical resistance ($10,500) followed by an impulse move to $13,800. We topped out at $12,500 and retested the old resistance which now was acting as support ($9800-$10,500) This year I've paid my traders tuition and now I've experienced both macro crazy pumps and dumps. I've learned many good lessons since my first trade (April-May 2020) and I'm excited for 2021 and the future.
Risk management #1
Confidence #2
Saucy trading strategy #3
Market psychology #4
Market sentiment #5)
We're VERY close to breaking ATH's and entering price discovery but a correction is over due (price being overbought / oscillators high) also don't mean much when bitcoin has its momentum while going parabolic in a bull run (fighting the trend will result in liquidation and blowing an entire account)
An expert is someone who's failed in all area's and learned how to adapt
Looking forward to 2021 and the rest of the decade as bitcoin further develops and builds a solid foundation going into the future
RSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDTRSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDT RSRUSD
A SHORT STORY (BTC failed to hold support November 13th/14th)-Yurlo
If we follow the same fractal from september-december 2017 (since september 2020 it’s played out) tomorrow or in the next few days we’re taking the elevator down south. In 2017 on November 13th we wicked down $4000+ before heading to ATH's, could history repeat itself in 2020? Hypothetically if it followed the same fractal from (September - December) in 2017 it could. The same fractal topped out on September 5th before retesting lower levels and then we found support and headed to ATH’s, or we end up below $10,000 again.
Stay safe friends.
QUANT exactly mimicking LINK after breaking wedge in Oct 2018Quant has broken out of the Massive Yellow wedge and forming an ascending triangle. This is exactly the pattern Chainlink had in the week of 20 October 2018.
This company has outstanding FA being featured on Real Vision a month ago. Also Quant was awarded the Gartner Cool Vendor award in 2019, Chainlink in 2017.
Link exactly followed this pattern since the bottom. Breaking the yellow wedge, flipping it and pursuing to test the all time highs within the ascending wedge range. Hereafter correcting 40% (not retesting yellow wedge)
The massive Cup and Handle pattern which form the highs is a classic ICO pattern that has to be broken before continuing in the next phase. Link is one phase (2 years) ahead of Quant.
Very open to idea's and comments
$RSR, Daily candle over 20% today... Flying $RSR
Daily candle over 20% today... Flying
Do not long resistance tho..
Wait for a R/S flip // true break over current level ~122sats as signal of continuation 👍
#RSR
Reserve Rights (RSR) Project OverviewWhat Is Reserve Rights (RSR)?
Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities.
Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem.
In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool.
Website: reserve.org
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Here we have the full Reserve Rights (RSRBTC) chart.
We have the support levels marked, below the support price.
We have the resistance levels marked, above the current price.
If you scroll the chart up, you can find additional targets.
This is very likely to grow.
Namaste.
RSR / BTC RISKY TRADERSR /BTC
show triple bottoms
Holding above Local support 88-92 sat
Also on 4h frame its above ema 20-50-100
BUY AREA :93-88 SAT
We can expect a pump to next targets
TP1 = 98
TP2 = 108
TP3 = 120
TP4 = 130
Stop 4h candel close below 88 sat
Its HIGH risk trade please small amount (5% max) and respect stoploss
Good luck and Happy trading
POTENTIAL BLOW OFF TOP (bull markets have major corrections too)-Yurlo
Please SMASH that like button for me 👍
Just so everyone knows I'll be posting daily TA's again now that I'm back trading full time!
My reasons to be bearish:
#1: All of CT is bullish
#2: Market sentient is full of greed
#3: We’re still under resistance ($15,675-$15990)
#4: $SPX may have a -$300 correction, which would approximately be a -$1200 move it $BTC followed s&p 500’s downtrend if we get a bloody monday or week
(invalidation point imo would be if $15,675 holds on a 4 hour or daily close)
The liquidity at $15,000 (buy orders) will eventually get pushed down by sell orders which seem to be more significant. $14,750 is the next support and after that level is lost $13,800 isn’t too far away.
The longer you survive the more you’ll adapt in terms of creating a strategy that will consistently outperform the market and make you a rich man.
“20% of your actions produce 80% of your results”
Stick to your trading plan, you make your TA for a reason so respect your TA and use it as a road map.