RSR squiggly working out - back down to EQJust an update from previous post since I cannot post an update photo, but we followed the squiggly nicely and the idea is now reached.
Will update thoughts again soon!
Rsr
RSR - Don't Get Trapped...RSR (Reserve Rights) - this altcoin has been exciting lately with its mainnet launch. However it is coming up into major resistance that I doubt will easily break on the first attempt. I'd expect a sweep of the previous lows first, toward the range EQ which is a key support level at the moment.
Key for a short would be to see an SFP up and a bearish market structure break making a lower low on lower time frame, my entry would be on the bearish retest of that broken level (see squiggly).
If this somehow flips the range high into support, then I'm invalidated.
Cheers
DAY14 #RSRUSDT (#LONG)DAY14 #RSRUSDT (#LONG)
More trading signals and their results, in my channel, link in the description
1% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.007650-0.007700
🎯target 1 - 0.007841
🎯target 2 - 0.008005
🎯target 3 - 0.008161
🎯target 4 - 0.008334
🎯target 5 - 0.008605
❌stoploss: 0.007498
Pending order 1% = 0.007572
RSRAfter reaching new highs since June, RSR has pulled back through its monthly open. I suspect there's a decent probability that this is a deviation beneath the monthly open; reclaim monthly and target that October swing high. Especially liking how bbands are shaping up.
RSR inside symmetrical triangle#RSR/USDT
$RSR is inside a symmetrical triangle pattern and hold above the middle line of this pattern.
🐮 breaking out from the upper line of the triangle will increase price toward the resistance zone around $0.011.
🐻 breaking down from the lower line of triangle can drop price to the support zone around $0.004.
RSR.Usdt (Y22.P4.Video1). Mediam to Macro perspectiveHi All,
Looking at the bullish perspective with some targets.
We define the levels and explain why.
all the best,
S.SAri
#Trade 12 RSRPossibility movement SRS
Range Entry Price
- 0.009233
Profit Level On fibo
- SL 0.009113
High risk, Aware Sl hunt, Also SL can be Entry Price
Possible Bullish Divergence on 15minWill RSR bounce from here and go higher again? Still 7 days till network upgrade, too oversold too quick.
Retrace targets if this is the tops...Many are pumping RSR based on the upgrade on the 10th of October... remember what happened to ETH... Too much bullish sentiment, going to be a contrarian here... If this is the current tops for now, down we go again, this area was once support now turned to heave resistance.
RSR - 4H Bearish DivergenceRSR has shown incredible positive price action in the last days, skyrocketing from ~$0.005 to $0.01 in a matter of a week.
I was expecting a tiny correction from $0.008 area but instead price jumped ~20% up.
Higher highs on RSR price did not follow with the same pattern on RSI and MACD, making me believe that a small price correction vis-a-vis negative outlook on public markets, cyrptocurrencies in general and overall geopolitics.
Opened a short in area $0.0096, targeting $0.0092 and below. Trade cautiously as the token is experiencing positive traction and lot of speculation.
RSR analysis Let’s have a look at rising #RSR
RSR is the native token of the Reserve Protocol platform launched in 2019. The long-term goal of the protocol is to create a stable decentralized global currency, protected from inflation and at the same time not pegged to any fiat currency. The project uses RSR to secure the value of the Reserve stablecoin (RTokens) through staking. A basket of tokenized assets is used to back the currency.
As announced by the project team, the full deployment of the protocol and the launch of its main network will take place in October. Presumably this will happen on October 10th. This will enable the decentralized applications (dApps) platform, allowing the creation of RTokens.
As you can see, while waiting for the launch of the mainnet, RSR has shown an increase of 85% over the past 10 days which is a strong and aggressive growth and also we have come to the resistance zone with almost no corrections. For me, this means that this resistance will be broken sooner or later, but now I would expect a correction from this level and accumulation, perhaps we can break through this resistance earlier on the news background, but it seems to me that this breakdown may be false and after the news we will show a correction.
We see a very good accumulation and the coin is really very interesting, but the bear market
RSRUSDT forming butterfly RSRUSDT forming butterfly not a financial advice
RSRUSDT forming butterfly not a financial advice
RSR - Short -bearish divergence short termRSR has been experiencing very strong buying momentum over the course of the past days, galvanized by the upcoming mainnet launch at beginning of October.
Price action has been generating higher highs, reaching top of >0.0085.
RSI and MACD have been crunching lower highs instead, suggesting we might experience a bearish divergence which can push prices lower in the short term.
Please note that the token might experience high volatility given the mainnet launch as market will follow the old adage, buy the rumour sell the news.
Would position with a short, but with tight stop loss
RSr shortUp :0.0089
Down : 0.0059
Amount : min
Tp All Fibonacci points
Order difference : 0.2
Order sell : 1%
RSR STATUSI think it has the ability to move up to the SUPPLY range. But we are not looking for a long position or buying, and we wait for shorts in the announced range. If you buy, don't forget capital management and stop
RSR moved 8%. What's next?Hello, dear TradingView members.
This is an RSR idea.
RSR just made an 8% move up and got rejected after reaching the local resistance area.
It is still bullish, considering how the Bollinger Bands are expanding, and the price is pushing up the upper band.
There are two possible scenarios for now:
Scenario One:
The price will move a bit longer above the local support area and reach resistance levels.
Scenario Two:
The price will get rejected by the upper Bollinger Band and fall on our support levels.
RSI is near the oversold area, but the price has more room to go up.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
DAY 12: #RSRUSDT (#SHORT)More trading signals and their results, in my channel, link in the description
DAY 12: #RSRUSDT (#SHORT)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.007912-0.008002
🎯target 1 - 0.007625
🎯target 2 - 0.007063
🎯target 3 - 0.006738
🎯target 4 - 0.006195
🎯target 5 - 0.005773
❌stoploss: 0.008172
DAY 12: #LITUSDT (#LONG)
DAY 11: #ATOMUSDT (#SHORT)
RSR/USDT READY FOR A 200% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RSR/USDT trade setup.
RSR looks very good here. Breaks out from the symmetrical triangle in the daily time frame and currently retesting the triangle. After this successful retest, we can expect a good 200% move to the upside. Buy some on spot and hold it.
Entry range:- $0.0066-$0.0072
Target:- 200%
SL:- $0.0058
Buy some now and add more to the dip.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
RSR USDT SPOT TRADEWe missed the entry let see if we can get the entry on retest
White line is entry area
Green lines are tp for reference
This is medium risk trade its an idea if you are taking this trade then only invest what you afford to loose
RSR - Bullish option (LONG)RISK: 3%-5%
LEVERAGE: 5x/10x/15x
Entry, Targets and Stop Loss = SL provided in chart
RSRPERP| Futures Review|hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
After a strong preload, the price was able to break through the wedge, in the short term, I think the priorities are ascending to 0.236, then it will be possible to enter from the retest of the upper border of the wedge of $0.006
