RSR reserve prtocoli am beginner and learning how to read, draw charts and trade. here is simple scratch idea RSRUSDTC. As i checked other RSR ideas published here they all fail. Lets see what happens :) GO rSr
Rsr
RSRUSDTLooking at RSRUSDT on the daily chart
Willy is stupid
Potential div working in histogram
OBV noting that healthy
We are in location in the buy zone between the 618 and 786
Its trading right at the POC
Very low volume, will the bulls or the bears win this battle.
Considering this is a fairly new asset TA could be invalidated here because of fundamental news. Also looking on the 4h RSR seems to look a lot better than the daily. Chart for that will be posted bellow.
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RSRBTCLooking at RSR on the daily chart
Not much to see on the daily.
Willy in no mans land
Histogram making LL
OBV not to healthy
No volume coming in yet
Last support at 14 sats
Considering this is a fairly new asset TA could be invalidated here because of fundamental news. Also looking on the 4h RSR seems to look a lot better than the daily. Chart for that will be posted bellow.
* Don't forget to hit that like button and follow me on Trading View and Twitter for more chart analysis :)
RSR LONG$RSR
Looking very good here. Nice bounce off trendline, closed above the POC, bearish pressure dying down. I'm betting on some upside here to R1 at the least.
RSR strugglingRSR broke its recent support uptrend line.
depending on BTC obviously , RSR might take a while to regain some uptrend.
brilliant prospect RSR
conflicting messages from the RSR team are not helping to be fair and most holders are confused to how it works, RSR really need to remember that not all holders understand economics and crypto.
RSR THOUGHTS$RSR
Showing resilience against $BTC, however I do notice we're losing some steam on the CCI and if I wanted a sick entry, I'd wait on a pullback to the trendline if it permitted me.
RSR RANK 328 MARKET CAPI wonder where the market will find Reserve Rights token.
Backed by Silicone Valley investors.
The concept looks promising.
currently ranked 328 on coin market cap
RSR/BTC - Underperformance will be forgotten soonRSR is backed by Ycombinator president, Coinbase Ventures, Founding executives of Paypal and many more. They did IEO on Huobi, It didnt moved that much due to low awareness.
Their product Reserve Dollar is slated to be launced in Q2/Q3.
We can speculate Coinbase listing and many other exchange listing in near future. Currnetly market cap is just $ 10.7 mil at 27 sats price.
RSR Long - Potential 98% profitIEO are HOT. RSR is one of them. FA is solid, the team is strong and it is backed by Coinbase. Co-founder of Paypal Peter Thiel is investing in RSR and some other big names as well. Potential could be huge. But for now the team should show case the real benefits of RSR and RSV.
For now RSR needs again some momentum. Perhaps we can see soon some price action to the upside. Currently it is in a consolidating phase.
The chart is self explanatory. SL, entry price and target are all visible in the chart.
Remember to always lock profit, and always use stop loss.
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BULL ON COCAINE ( RSR / USDT)It's very clean and nice trade, but I would ask you to PUT YOUR STOP LIMIT.
RSR UpdateI still believe that rsr will do a nice move , we will wait until competition is over and bitcoin stable for a new entry
RSR BTC Thoughts$RSR / $BTC
Broke beneath the POC, turned into resistance. I wouldn't be longing from here.
Personally I'd wait for a pullback to green box below, or a break back above yellow.
RSR USDT LONG$RSR / $USDT
Looks like it wants to pop, continuous higher lows. I'd expect R1 to act as resistance, not much holding it back from new ATH's.
If we get rejected from there, I'd wait for a pullback to green box/yellow POC below for a scalp long.
