RSRBTC
$RSR : Looking for an easy mid term 2X move.#RSR, one of the most undervalued coins didn't show a good move in the recent crypto market surge and it seems to be it is going to be its turn.
Technicals:
- Falling wedge formed. Price already broke the triangle.
- RSI and MACD on favor of the bulls.
- Guppy EMA showing a bullish sentiment short period EMAs crossing longer period ones.
- Volume Decrease + Falling wedge formation = really bullish pattern.
- For now it seems the 200EMA is the magnet towards the 38.2% fib resistance at around $0.0057. Before that it should close above the current resistance level of $0.0045
- Volume looking not bad but needs a more momentum.
- Price formation looking good and strong for the past 4 to 5 week.
- Correctional retracement and a pull back is expected in the middle before reaching all the targets.
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of neither #AbaNefsoBulls nor its subsidiary CTE community, rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
With Regards.
Nathnael B.
RSR/USDT - LONG -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ RSR/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (3.0X)
Entry Orders:
1) 0.006620 - 100.0%
Take-Profit Orders:
1) 0.006840 - 30.0%
2) 0.007150 - 30.0%
3) 0.007400 - 25.0%
4) 0.007720 - 10.0%
5) 0.008828 - 5.0%
Stop-loss Orders:
1) 0.006160 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (2)
RSR : WHALE SIGNAL FOR INCREASERSR has a high chance to get the whale pump trend since it's in a very interesting zone.
At the same time its breaks with our tool at a point where before were more pump trends on other coins.
Trade safe, as there is no guarantee in trading.
This update shows only the reason for our choice of RSR today.
RSR : THE 2 TARGETS WITH BREAKOUT VIEWRSR shows on a low time frame very interesting trends to increase.
It's also the NO 1 follow of the channel at this moment, to see the following coins check the channel homepage.
Most of the time if we expect an increase, then we add a follow on the channel like 📊 following RSR
# we check most of the time the coin at a low time frame because that can e the start for more.
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
Mainnet launch soon and main lunch In price?Hello, first post here. Now on RSR it looks like it might break out soon and gain against btc price. Catalysts include mainnet around 94% complete so maybe some hype to that and plus marketcap is very low as it is around 120m. Think rsr could gain says in the coming weeks until mainnet is complete but could also be buy the event and buy after the event! Or could be a sell off . Will have to see how price react on mainnet launch but feeling bullish from now
RSRBTCHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RSRBTC
In this chart, you see R1 area that is showing the unsuccessful triumphs of the price to rise. Then we have S2 which used to be a resistance line and S1 expresses the well support of the price at several points. The price could have a noticeable rise after breaking up S2 and it had a fall again. At the moment, the price is fluctuating over S1 and we believe it will move upward to R1 after reaching S1. But if the price loses its support, it will fall below S1 and then will face more decline toward S2.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Reserve Rights 2020 Support Activated (Long-Term Chart)RSRBTC (Reserve Rights) recently hit its early 2020 support level.
As this level was hit, marked blue on this chart, we saw the highest volume in 7 months.
Currently, RSRBTC is trading within a higher low and we see potential for prices to grow.
Last time, we saw over 888% of growth...
Maybe we won't see a bullish wave this time around...
But if you are trading, with patience... Buy & Hold...
(We don't do leverage, no margin, no future; we don't gamble)
This is a great chart set up with LOW RISK and HIGH POTENTIAL REWARDS.
P.S. This is not financial advice.
Namaste.
RSR/USDT 50% Potential after this BreakoutRSR/USDT TA Update :-
TimeFrame :- 4H
- RSR is currently trading at $0.014 levels
- Price is consolidating in Support - Resistance Zone.
- After the breakout of the Trend line Price is facing mini-resistance at $0.01430 level.
- Wait for Breakout of the mini resistance level.
To go long .
Entry :- $0.01460
Stop loss :- $0.012
Target :- $0.02