RSRUSDT H8: +300% gains bulls THE BEST LEVEL TO BUY/HOLD(NEW)Why get subbed to me on Tradingview?
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RSRUSDT H8: +300% gains bulls THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: RSRUSDT H8/candle chart review
::: accumulation in progress now
::: bullish chart looks good
::: updated/revised outlook
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently PULLBACK MODE
::: BUY LOW near 0.06-0.07
::: entry - late May 2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-4 weeks
::: up to 300% gains possible later
::: short-term pullback/correction
::: re-test of range lows is likely
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +300% gains
::: details: see chart
::: FINAL TP is +300% gains USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +300% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
RSRUSDT
Can't get any cleanerRSR looks very strong and ready to have a big rally. One of the biggest laggers and it is coming out of massive accumulation zone
Reserve Rights - Bottom yet?Yes, I think so. Notice the 5-3-5 corrective wave structure is complete and a 5 wave impulse to the current high. Expect a correction to confirm support before surging ahead.
RSR Long - 50 Daily Moving AverageBINANCE:RSRUSDT
What do we see here?
First, we have RSR crossing 4 times the daily moving average on a timeframe of 237 day.
Each and every time we crossed the MA we got a HUGE rally right after followed by a phase of accumulation.
I think going long on RSR now is not a bad idea if it's used with a good risk management.
My first target is 0.15$ with an extended at 0.22$
RSRUSDT 💫 on the Daily BINANCE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only*
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At time of charting this, we just broke the ascending pennant formation from mid March with decent volume. Am anticipating some healthy pullback and consolidation after this current breakout, due to BTC, before legging back up again.
The support and resistance lines are from the channel on monthly view going back to 2020.
This is a Trade only opp for me, not a HOLD strategy.
As always:
Do your own research. Always be watching BTC .
You do you, I'll do me & my own strategy.
Good chat.🤖
RSR is very promising in the long run, as it has been!Technical analysis regarding the price of RESERVE RIGHTS in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏