RSRUSDT trade ideas
RSR USDT, Wyckoff distribution ideaRSR looks very weak to me. Each attempt to rally totally fail. I don´t see any buying volume either. It seems like any big player totally sold on the way up and left left this coin. Nonetheless, it has hit a big weekly support area that every attempt to rally totally fails and is followed by a LL. If you follow this coin, wait for a the third rally that is overturned by an engulfing candle. All rallys where overturned by an engulfing candle... don´t forget that the supply that comes in the engulfing supply candle can be tested. An analog chart is a forex pair GBPJPY that had a similar price behavior.
RSR weekly chart looking still intact to move up RSR CHART: On this weekly chart you can see
that there is a Hidden Bullish divergence set
up, along with most of the Market.
When Price has a higher low and
RSI has a lower low,
Thats HIDDEN BULLISH DIVERGENCE.
I loaded in the green circle at the
bottom of the wick. I believe we will see another
breakout past the $.12 mark...do the math.
RSR Analysis with 3 Targets 07/02/2021as we ca see this instrument is just broken its past low accumulation zone and entered to a volatile accumulation zone
which is its preparation zone for some blasting move up.
we can forecast the up coming targets by initially the parallels leg zone of Fibonacci projection 1TP and if touched by the 2TP which is the extension zone of the same fib projection and i.e. we are defiantly meeting our 3TP
and then a fall or some retracement in its coming distribution zone so keep it on for now
what do you think?
RSR USDT | +30% Up potential ✅#RSR-USDT
Entre after a daily close above 0.0385✅
(I recommend to use alerts to avoid missing the entry point)
Targets:
- 0.043
- 0.047
- 0.052
Stop-loss:
Close daily candle under 0.035
Or Closing weekly under our entry point at 0.0385
The recommended capital is no more than 5.5%
Recommended Risk is 0.5%
🌹Don't trade without risk/capital management and Stay Safe 🌹
🌹 Thank you 🌹
See available trades to enter on Related Idea section
RSRUSDT Preparing (Reserve Rights)Now we move to the USDT pairs (Altcoins vs Tether | ALTSUSDT).
Our wish is that you start the year with some profits and so we are sharing these charts.
RSRUSDT is just getting started, no strong signals so it can go south or north. (I call these early signals)
Today prices are moving above EMA10 which is the first indication that the bullish are waking up.
The MACD and RSI are not there yet but moving up.
I only describe the signals out of habit.
The market cycle, the candles, the candlestick patterns, volume and EMAs can reveal what we need to know.
Namaste.
Opening long RSRHere i can clearly see double bottoms
So i decided to open long on RSR
With stoploss .02650 $
And take profit .03850/.03800$
With 5X leverage
All the best
Not a financial advise
RSR on the bottomAt this point RSR is on the bottom line of a huge pennant, by book's rules, once it'll break out this should blast price over previous ATH. If you enter now I think it's safe to say you have more chances to make money rather than to lose them. The project is widely spread in some south american nation so it has adoption.
On multiple timeframes I saw various divergences and on daily timeframe VLPR shows that control line right now is in the same position of that between end of September and beginning of October where price bounced upward. I don't list all the indicators, it'd be pointless, I think the situation is clear.
Use my risk/reward indicator to set your stop loss.
Good luck
$RSR holding strong$RSR looks great going into the new year. Going to keep adding to my spot position unless theres a weekly close below support. With adoption increasing and mainnet around the corner, the future looks really bright.
rsrusdtThis is what I think we dropped to .66 fib was expecting to retest that red line which we still can. I longed here if I get stopped will long again at the red line. Mainn expected this month so e mightn't get the retest. This is only my observation trade at your own risk. Got a twitter @Cryto trader where I post daily swings.
RSR looking very bullishRSR CHART: On this weekly chart you can see
that there is a Hidden Bullish divergence set
up, along with most of the Market.
When Price has a higher low and
RSI has a lower low,
Thats HIDDEN BULLISH DIVERGENCE.
I loaded in the green circle at the
bottom of the wick. I believe we will see another
breakout past the $.12 mark...do the math.
RSR WARNING DEATH CROSSRSR almost bottomed and looks bullish until we survive the death cross which will happen in the next few days so maybe we will go to the 0.28-0.26 area again then we are good to go. PATIENCE IS THE KEY TO SUCCESS.
RSRUSDTLooking handsome.
Entries : 0.0335, 0.032
Targets : 0.038, 0.046, 0.058, 0.088
Stop loss : 0.0308
RSRinteresting position for RSR which moves in a clear trading range, dynamic support in area 028 and dynamic resistance in area 056 level where it seems to want to return, only exceeding these levels can open up to other broader considerations
RSR bull flag breakout imminent on monthlyRSR going to be a shocker, bull flag finalizing, first breakout was a headfake, next breakout is the real one.
RSRBTC pair looking like a bullish falling wedge as well.
RSRUSDTfor me, RSR will climb towards the take profit zone because currently the price still at the trendline and this month they are going to release the mainnet. All the best.
RSRUSDT, First support-buy zone activatedHello everyone
At first, So thank you from my amazing friend Amin, he is one the most powerful fundamental analyser that check this coin and introduced that is amazing to buy
According to the chart and our last analysing for VIP members we have 2 most important buy zone area that you can buy and wait until the target reach, and now first support zone activated and we update the target that the price can move upwards and reach to them
If you have any question, buy trading package and ... send us messages in private :D
Good Luck
Abtin
