RSR moved 8%. What's next?Hello, dear TradingView members.
This is an RSR idea.
RSR just made an 8% move up and got rejected after reaching the local resistance area.
It is still bullish, considering how the Bollinger Bands are expanding, and the price is pushing up the upper band.
There are two possible scenarios for now:
Scenario One:
The price will move a bit longer above the local support area and reach resistance levels.
Scenario Two:
The price will get rejected by the upper Bollinger Band and fall on our support levels.
RSI is near the oversold area, but the price has more room to go up.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
RSRUSDT
DAY 12: #RSRUSDT (#SHORT)More trading signals and their results, in my channel, link in the description
DAY 12: #RSRUSDT (#SHORT)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 0.007912-0.008002
🎯target 1 - 0.007625
🎯target 2 - 0.007063
🎯target 3 - 0.006738
🎯target 4 - 0.006195
🎯target 5 - 0.005773
❌stoploss: 0.008172
DAY 12: #LITUSDT (#LONG)
DAY 11: #ATOMUSDT (#SHORT)
RSR/USDT Elliott Wave count 1D TFReserveRights showing some potential here.
After an expending leading diagonal for wave A probably ended a triangle correction for wave B.
A break up of the BD trend line may send RSR to an over 80% gains.
I will post updates for this count so if you like my analysis subscribe for future updates and hit the like button.
If you have any questions fell free to ask, I will be glad to answar them.
Good luck!
RSR/USDT READY FOR A 200% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RSR/USDT trade setup.
RSR looks very good here. Breaks out from the symmetrical triangle in the daily time frame and currently retesting the triangle. After this successful retest, we can expect a good 200% move to the upside. Buy some on spot and hold it.
Entry range:- $0.0066-$0.0072
Target:- 200%
SL:- $0.0058
Buy some now and add more to the dip.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
RSR inside symmetrical triangle#RSR/USDT
$RSR is inside a symmetrical triangle pattern and hold above the middle line of this pattern.
🐮 breaking out from the upper line of the triangle will increase price toward the resistance zone around $0.011.
🐻 breaking down from the lower line of triangle can drop price to the support zone around $0.004.
RSR move to local resistance zoneBINANCE:RSRUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Now almost all alts charts looks the same! top, one and half year downtrend line and bottom around more or less -0.18 and -0.27 zone by fib!
Everything on chart is D1 Timeframe
Possible Targets
➡️We possible passed the bottom and now in accumulation phase
➡️ Red box is first resistance zone where we can reject and come back down around September.
➡️ Already broke with retest on D1 timeframe downtrend line. I think we will see more than 150 days in accumulation phase before real reversal move and new cycle.
➡️Minimal targets for next year is 0.5 level by FIB
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
* Look at my ideas about interesting altcoins in the related section down below ↓
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RSRUSDT: Bullish TriangleRSR price had previously formed a strong upward momentum in wave A, after which a prolonged consolidation started.
At the moment the correction pattern in wave B (triangle) has gained clear boundaries.
Locally, the price has already crossed the boundaries of the pattern and formed wave 1 (within wave C), which has already been corrected by wave 2.
I have taken a long position, in anticipation of a bullish rally within wave C.
RSR - Be scared for your shorts!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 36 days old
⭐️ Trendline is clean
⭐️ Pullbacks are getting smaller
⭐️ Slowly squeezing to the trendline
⭐️ Many touches
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
RSRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RSRUSDT
According to our previous analysis on July 5, we predicted a falling trend and now you observe that the price is on a decline. R2 is a resistance area and it contains the unsuccessful triumphs of the price to rise. R1 used to be a support area and also S1 and S2 are our support areas and both represent the support of the price at several points. At the moment, we see the price fluctuating in S1 area and we believe it will rise to R1, which is a pull back to this line, and then if it is able to fix itself and be supported, we predict more rise over this line. Or it is possible for the price to experience a decline when it reaches this line. So this is the point to have a short position for it.
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
RSR 50% drop possibleRSR has been very resilient during this recent bear market, holding this rising uptrend line on daily timeframe, and bounced 8 times!! Eight times its held this rising support and bounced every time !!
Now the 9th time is looks like a possible breach on lower timeframe (too small to see on HTF), but with the history of this bouncing i need more confirmation to really feel confident. If it does drop tho, has a 50% move possible back down to lows.
The more a level is tested the greater chance it breaks.
Not Financial Advice, Do your own research