RSRUSDT long Trade Setup!!Hello Everyone, if you really want to get a simplified view of complex charts and trade setups, then don't forget to like and share.
Let's take a look at RSRUSDT. It broke perfectly and restest is almost done on the 0.5 fib retracement level. I believe fib retracement levels are very important and can play a vital role as previously. We can add more at the 0.618 fib retracement level.
Long Entry:- 0.0410- 0.03641
Target 1:- 0.04398
Target 2:- 0.05044
Target 3:- 0.06096
Stop Loss:- 0.03250
I expect it to go higher than the above targets if we take it as a long-term Trade.
Thanks!!
RSRUSDT trade ideas
RsrUsdt rdy FOR MOVEUPMARKET NOT BIG CORRECTION AND BTC CAN SAVE POSITION THIS CAN PUMP
now chart RSR is good positiona dn i think this is so low for buy and can start moveup but should btc can save positiona dn not dump again for fix CME GAP
so better wait and nw on weekend market so heavy and slow GL
EntryPoint:
0.004282
0.003972
Supports:
0.003738
0.003519
0.003224
Resistance:
0.004590
Targets:
0.005441
0.006447
0.008207
0.011163
Midtime:
0.016484
0.020219
0.027102
HODL:
0.046862
0.069385
0.114078
GOAL
0.196689
GL
$RSR : Looking for an easy mid term 2X move.#RSR, one of the most undervalued coins didn't show a good move in the recent crypto market surge and it seems to be it is going to be its turn.
Technicals:
- Falling wedge formed. Price already broke the triangle.
- RSI and MACD on favor of the bulls.
- Guppy EMA showing a bullish sentiment short period EMAs crossing longer period ones.
- Volume Decrease + Falling wedge formation = really bullish pattern.
- For now it seems the 200EMA is the magnet towards the 38.2% fib resistance at around $0.0057. Before that it should close above the current resistance level of $0.0045
- Volume looking not bad but needs a more momentum.
- Price formation looking good and strong for the past 4 to 5 week.
- Correctional retracement and a pull back is expected in the middle before reaching all the targets.
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of neither #AbaNefsoBulls nor its subsidiary CTE community, rather it is authored and complied by its founder. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
With Regards.
Nathnael B.
RSRUSDT Trading opportunitySpotted potential bullish divergence with completed 5 waves down as correction from ATH.
As we all know Bullish divergence can indicate a potential reversal in a downtrend. This occurs when the price is making new lows, but a technical indicator, such as the Relative Strength Index (RSI). This divergence suggests that the bears are losing their momentum, and that the bulls may soon take control.
Based on this it worth to accumulate within the given zone.
RSR MAINNET 90% COMPLETED$RSR
MAINNET : 90% COMPLETED / TO DO 10%
An introduction to Reserve
Imagine a stable universal currency (let’s call it R$):
R$ is stable in the sense that if you hold your savings in R$ you never have to worry about the prices of goods and services rising over time and the value of your money being inflated away, no matter where you live.
R$ is universal in the sense that whenever you want to buy something, your R$ will automatically convert into your local currency to be spent.
That’s what we’re creating.
So far, we’ve achieved something close to this in Venezuela. We’ve created a digital currency, the Reserve Dollar (RSV), that maintains 1-to-1 parity with the US dollar (highly stable relative to the Venezuelan Bolívar), and a mobile app that makes it easy to store money in RSV, get paid in RSV, and pay for things with RSV (either at the thousands of merchants that now accept RSV, or by converting RSV into bolívares within seconds). Essentially we extended the stability of the US dollar to those who faced hyperinflation in Venezuela in recent years, and we are expanding to other countries in Latin America where inflation continues to be a pressing issue.
Concurrently, we are working towards releasing a smart contract protocol that will enable the creation and decentralized governance of more currencies like RSV. These currencies, called “RTokens”, will have values that can be pegged to diversified baskets of assets instead of USD or any fiat currency, making them unaffectable by USD inflation or any centralized monetary policy.
Once that protocol is released, we as a company will cease to have control over RTokens, but we as a team, in different modes of coordination, will go on to participate in the decentralized governance of RTokens, apply RTokens to more real-world problems, and foster an ecosystem of other teams that want to build in an aligned direction.
Looking far ahead, the applications of RTokens are vast, from extending financial services to people who are discriminated against by the existing system, to having an alternate international reserve currency that isn’t controlled by any single nation.
The 5-min video intro below is from back when we were getting started in 2018. A new intro video is in the works.
RSR 1H less wordsClear chart with less words. RSR is accumulating for a while. Stable zone to grab some from the support if you are not scared of BTC atm.
Goods:
+ Small volatility
+ Small and clear SL
+ Accumulating
+ Clear break out entry
+ Good volumes in candles, almost impulse
+ BTC flet
Bads:
- BTC break down