RSRUSDT
RSR's Strong Daily Candle Means A lotWarning: our thoughts are ours; not financial advice.
Yesterday was very bullish for the Reserve (RSR) cryptocurrency yesterday. This to us means a lot. And with a close above the 21 MA, we can only but expect more bullish days ahead.
We believe RSR can easily go 2x from this point in the coming days.
Don't forget, it's a good practice to take little profits along the way to the top cause no one really knows the top. You don't want to HODL your way right to the top and lose all again. Be smart.
RSRUSDT (Channel Breakout)RSRUSDT (1H CHART) Technical Analysis Update
Channel Breakout
RSR/USDT currently trading at $0.041
LONG Entry-level: $0.040 to $0.042
STOP LOSS: Below $0.0365
Resistance level 1 (Target 1) : $0.0441
Resistance level 2 (Target 2) : $0.0493
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RSR LongRSR is currently trading close to the support of $0.036. It has a good setup to scalp. If it can hold this support, we could start seeing a move towards $0.041, $0.046, $0.050 and $0.054. Failure to hold the support at $0.036 could lead to a drop towards $0.033.
RSR START GROWBINANCE:RSRBTC Big resistance between 135-150 sato let's see what happend in the next week
$RSR $BTC | Imminent Break, 3 Key Metrics To WatchBINANCE:RSRBTC
Very interesting chart with 3 key tings to watch for.
1st - Price action is about to react to a previous resistance zone and re-test. Break of this and we're likely to trend down considerably for some time. Rejection and we're looking for a higher high to confirm the trend to be sure but with rejection gives opportunity for an entry.
2nd - Incidentally this is a key area as POC on the VPVR is also piercing right through with much of the high volume nodes
3rd - Price action has been slowly compressing over time with a series of lower highs and higher lowers visually represented by the resistance and support lines drawn forming a bull pennant
Can be patient with this one and wait for confirmation or alternatively long the retest
$RSR $BTC | UPDATE | Breakout played out as expectedBINANCE:RSRBTC
RSR had broke out of the symmetrical triangle and responded well to the buy zone on our chart.
Targets are fib levels & targets on the chart. I adjusted the first level
RSR/USDT : fake breakout BINANCE:RSRUSDT
Hello everyone 😃
RSR showed some bounces and Broke Trendline but on our vision it's targeting 0.3$ support line.
Volatility is being Bearish, Also RSR failed to hold above Trendline !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
-Helical_Trades
RSR/USDT for the Bounce to ATH's!Hello Traders,
RSR is playing the Fib chart perfectly along with the EMA's.
EMA's are as follows: 50/100/200/255. I currently have the 2 Hour chart set up. But you can look at any of the hourly time frames such as 1 hour, 2, 3, and 4 to see that the price has flipped all of these EMA's. I trade heavily upon any EMA breaks, as this generally confirms an uptrend/ bullish.
The 2 hours, 255 ema, and fib chart played the bottom wick perfectly, which has resulted in the uptrend we see currently.
Once the heavy resistance zone is broken and the zone above it is broken we should see some new ATH's.
On the fundamental side of things, there has been some positive news about DEFI's, which should help to bring in some mainstream volume.
I'm taking profits between .786 - 1 on the fib. for 50% and the other 50%, I will be waiting for the ATH's to be broken.
How many of you remember playing pick up sticks when you were a kid? This is what this mess of trendlines look like to me but it's interesting to lay them out and see which ones act as support and resistance.
Good luck!
Reserve Rights - Poised to explode higherReserve Rights is sitting right under the breakout zone for completing the cup & handle pattern.
The MACD has flipped bullish - The trend is our friend.
Im expecting a few days of consolidation here under resistance, build some pressure then blast through resistance on high volume & reach target shortly after (within a few weeks).
Patience is key here.
If BTC shits the bed then all bets are off
RSR channel developing - Reserve Rights Token - LongRSR channel developing - Reserve Rights Token - Long
This one has garnered some attention, has good backing and is targeting countries with failing central bank currencies. Hence; alt bull season = this one goes HAM.
Ham in a can.