$RSRBTC (RESERVE) ABOUT TIME TO GO BALLS DEEP!WELL ITS BEEN A NICE SELLOFF FOR RSRBTC SO NOW IS THE TIME TO ACCUMULATE SOME RESERVE, START SCOOPING UP SOME RSRBTC FOR INTO SOME BAGGIES NOW.
RSRBTC
$RSR : first level of interest ?$RSR is drawing a 70 % pullback
Crossing support area & falling wedge
Breaking here, & we could expect some momentum
Reserve Rights - RSRReserve Right - a good project with a very good idea, team, advisors. On which I did x3.6 from 3600 to 14000 satoshi
We are now near the trend line, usually in such situations there are small upward movements, but as a result, such formations end in the breaking of the trend line and reaching the largest horizontal levels.
Best regards EXCAVO
RSR bullish mode still ONAfter recent Binance listing $RSR stayed well above 200 sats level. Perfect decending traingle breakout
RSR/BTC: Correction to Golden Pocket Then Another Leg UpA doji has appeared on the 1 day time frame indicating an early reversal may be in the works. On the 4 hour timeframe you can also find a head and shoulders pattern has developed. RSR has also strayed significantly above from its previously established trend line. Such powerful move up would suggest an equally powerful move to the down side in due time. Watch for the price to fall back towards the (61.8 golden pocket); RSR is in a confirmed bull run and should continue its price climb once it has undergone a healthy correction. From that point I am anticipating a large move to the upside. Inversely, price can continue to climb from this point; however, if it does, that is a ride I will politely pass on taking.
THIS IS NOT FINANCIAL ADVISE. ENTER INVESTMENT POSITIONS AT YOUR OWN RISK. CRYPTO IS HIGHLY VOLATILE.
RSR Reserve rightsattempting to break out of consolidation trend
wicked over trendline once already
my guess is continuation this week
RSRBTC4H. Looking good for more upside. I'm in and out with this coin for a little while and looking to possibly add more. On good support area above 200ema and breaking out of an ascending triangle. If it can close above the immediate support I'm adding a bit more to my RSR position. I can see this coin double topping. It has fared well against BTC's recent moves as well. Perhaps the coin is still reacting to the Coinbase shortlist?
RSR Reserve Rights Fib Retracement levels to watchRSR Reserve Rights have a dangerous low Circulating Supply of 6,849,999,000 RSR from a total supply of 100,000,000,000 RSR so do the math what will happen to the price when all the supply hits the market.
For short term my target is at Fib 0.618 (7395 satoshi) for RSR, but in time can go even lower.
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
Reserve Rights, due for a correctionSeems like the parabola is broken and we're going to correct a bit.
Didn't sell the peak but still had an amazing run and i'm gladly locking in some profits.
Don't have much to go by except for the corona crash, so i expect the dip will be so intense.
Wouldn't be surprised if it goes on another run soon, since it briefly entered the top 100 i'm sure its on some peoples radar now.
Will buy back around 0.006 or lower if i get the opportunity.
RSRBTC4H. Formation of a falling wedge in progress?RSRBTC4H has found support at the Fibonacci 0.382.But, if 'A' proves to be weak and I suspect it may give way, we could be looking at an opportunity to scale in some orders at the 0.5 & 0.618 levels. See how trend line 'A' was once resistance & is now support? Let's watch this zone like a hungry hawk too, there could be a scalp trade in the offering there for the bold. Also, a rather compelling forecast is if 'A' fails this may well confirm a falling wedge pattern in the making. That's going to be a rather tasty proposition...I'm neutral for now, RLCBTC is not at point of particular interest quite yet. But good to be prepared. Instinct, that life saving quality we all have tells me we have more downside yet.
Some of my in the know Crypto friends feel this is a coin with magnificent fundamentals and is destined for serious upside.
Long $RSR, Successful breakout of Bull FLagThe Bull flag breakout will take this coin to 106 sats level
RSRUSD - Another resistance test (breakout soon?)Quickly approaching resistance again, tested multiple times, trending strong. I think it's reasonable to expect a breakout here.
Watching closely.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Reserve Rights - RSROne of those coins I see growth potential and now I'll explain to you. Why? What's it?
Company reserve.org
Reserve is a flexible pool of stablecoins designed to reduce risk through diversification and decentralized governance.
The company has two tokens:
Reserve (RSV)
The stable cryptocurrency that is economically and legally robust at any scale. Decentralized, 100% asset-backed, and funded by top Silicon Valley investors.
Reserve Rights (RSR)
The fluctuating protocol token that plays a role in stabilizing RSV and confers the cryptographic right to purchase excess Reserve tokens as the network grows.
As is well known, there are already we've about two dozen stable coins, but this's a project with a decentralized stablecoin that won't allow the team to conduct unlimited emission as the Tether company does;
The second - is the team;
The third is the initial investor Coinbase, co-founders of PayPal and others;
You can see on the site all the major investors.
Speaking of technical analysis, we've now broken through a long-term resistance line and this's a signal for many investors to enter a position.
Please, let us know what you think about it in the comment section.
Regards EXCAVO
RSR is bullish with 38% short term profitAll signs of bulish coin are shown here.
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Good Luck
RSRBTC: Monthly Buy Setup Above The ResistanceHello, wonderful person!
Reserve Rights (RSR) CMC #132
BTCPrice +8%
BTCVol24h +37%
Pairs +28% (4 pairs on Huobi)
CryptoRatingBot +50%
* % from last established support line
Weekly: Bearish Green 1 Setup
Daily: Bearish Red 9 Setup
RSR levels to watchThis is one of those altcoins that bounced nicely following bitcoin's flash-crash.
It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500.
To confirm a bullish case, RSR would need to reclaim 4320.
If it starts closing above this level on the daily, pay attention.
Ideally I would want to see it break through and retest it, but these set-ups don't always give that opportunity.
Additionally, the 3500 level needs to hold. A clean break below would signal a retrace to 2500.
Obviously, much depends on bitcoin price action, so be careful.
Reserve Rights...hidden gem?Was recently introduced to this project. It is to support stable coins and they were recently at the Stanford conference 2020.
Could we see 1.00 on this baby? That would be awesome. :D
I think I might set this and forget about it. Cheap right now. After looking at the investors it might be worth dropping some mullah into this while they build their foundation. Coinbase, Paypal members, PwC, etc etc...all smart money working with this project.
1 slight problem. They are currently only on Houbi exchange. They have an app on android for Venezuela. Seems to me there is something going on to help reboost the economy there. Why only in Venezuela currently? Well we should know why...the world is changing..every leader in fintech is tackling a sector of the world to create interoperability among-st the networks. This baby could shoot to 1.00 before it gets to any other exchange or even .25c down the road this decade. SO....if you're on Houbi exchange....like i said...set it ...forget it.....hold it...participate...why the hell not? :D From the looks of this....we could consolidate this year within this zone unless something crazy happens on this project and a lot of money comes in. Be patient with this one...if we double bottom just double up.
RSR/BTC Falling WedgeRSR/BTC has formed a falling wedge , breakout is upwards. Falling wedges have observed highest success rate so far.