$RSR great entry is almost here!Good day crypto ladies and gentlemen,
BINANCE:RSRBTC is approaching the perfect buy level between 0.5 and 0.618 Fibonacci Retracement.
It looks like the downtrend might be over, huge volume breakout gives high hopes for upcoming bull trend. 200 EMA acts like a major resistance for RSR now.
Risk: 5
Reward: 9
Trade wisely and plan all your actions before buying.
All my trades are my personal opinion, so DYOR
RSRUSDT
RSR/BTC HIGH RISK HIGH REWARDRSR/ BTC
RISKY TRADE and HIGH REWARD also
BUY AREA
110-101 SAT (average buy 105)
STOP DAILY CLOSE BELOW 98 (6.7% from average buy)
Sell area
120
130
144
162
188
RSR/BTC (Wait For Breakout Direction)💎Technical Analysis Summary💎
BINANCE: RSRBTC
-RSR has been ranging for 28 days inside a channel
-This is the battle between the Bulls and Bears
-It is hard to play inside this sideways action
-My recommendation is to wait for a breakout direction
-Because once the direction is determined
-We will have a strong market bias after
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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$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
RSRUSDT AnalysisAs of now, since there are 3 SELL signals present, I'm BEARISH.
So, this is not a good time to buy.
If you want to buy, you can wait for EngineeringRobo's BUY signals to be present or wait for candles to open-close above resistance level (0.031) for 1D.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
RSRUSDT ANALYSISIt is too early to talk about this coin
But generally: Buy at the support line ( $ 0,02436) sell at the resistance line ( $ 0,02843)
Buy this coin when the resistance line turns to support line
Other case try to catch EngineeringRobo ' s buy signal
However, EngineeringRobo gave Sell 1 & Sell 2 and Sell 3 to Bitcoin, I am not strongly recommending to buy any altcoins at the moment
RSR TESTING PREVIOUS RESISTANCE LEVELSALRIGHT YOU FILTHY FUDDERS
$RSR is returning to a previous resistance level of $.027, which was hard fought to get past, & seems to be bouncing as a support. Im still seeing a bullish ascending triangle. There is always a possibility that we fall through the floor but UNLIKELY.
Reserve Rights Potential Top vs Tether USDReserve Rights (RSRUSDT) is showing signals of a potential top.
Right now we have prices testing EMA10 (0.023062) as support on a strong bearish candle.
We can also notice strong bearish divergence with the MACD and RSI.
The trading volume is low on today's and yesterday's candle but we still have many signals pointing lower... We have a potential top/peak for RSRUSDT.
This is not financial advice.
Namaste.
RESERVE YOUR FUTURE. RSR IS SETTING UP FOR SOMETHING INCREDIBLERSR is looking really good. Massive breakout. Plenty of room with the MACD to move up. Stoch is a little high on the 1 day but does not concern me. Volume is growing steadily. I have a clear bull signal which has been honoured 90% of the time with this coin.
Price action is growing. Reserve Rights Token price today is $0.01717016 with a 24-hour trading volume of $33,680,139. It has a circulating supply of 6.8 Billion coins and a max supply of 100 Billion coins. Don't let those token numbers fool you. DYOR. They have a unique policy on supply. Understand it before you invest. It will give you peace of mind.
I can see that this coin is in total price discovery. It is going to bounce a lot around for a while. There is clearly something brewing. The volume is my main indicator. It does not lie. Don't be shocked if you wake up one day or on multiple days and you see 40% - 60% jumps in price. If BTC stays steady in range, I can see $RSR going on a rampage. And it will be violent.
Another important note is that liquidity. For the bigger exchanges to come on board that needs to be sorted out. I don't see that as an issue. They have plenty in reserve and they have cash reserves to continue operations for years. The people behind this coin are extremely powerful. Think: Ex Paypal and others. Once again, DYOR.
I just picked up from their twitter page: "We are working to bring $RSR and $RSV to additional crypto exchanges. To do so, we are deploying treasury funds for $RSR liquidity provision. Check out our medium for details. We're excited about what's to come for the project and our community."
Here is a basic outline of where I see this coin:
New listings on major exchanges like Binance, Coinbase are probably within the near future.
It's well undervalued against where I see it in months (not years). Therefore an easy ALT hold in this environment.
Well funded.
It's already backed by Coinbase....
Mainnet is near
Partners are super connected:
-Peter Thiel- advises Trump on economic and security
-Brian Brooks- Head banking Regulations
-Paul Atkins-Form SEC coss. provides Trump eco advice
Liquidity already in place for large exchanges - this to me means it is imminent
Has potential to go to Billions in Market Cap and be a Top 10 coin
Has so many advantages over their competitors.
Some potential deal with Paypal.
Don't underestimate the 'Rangers' factor.
These elements will help 'explode' the price. IMO, this is one of the most undervalued coins in the market full stop.
No advice. #DYOFR #RSR We live in a bubble. Go enjoy life. Make trades and enjoy the outcome whatever that maybe. Life is one giant video game! How can you take advice from someone with those views.
Enjoy. Love and light.
Crypto Nut
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.