RSRUSDT - Inverse Head & ShoulderRSR is forming Inverse Head And Shoulder on 4 Hour Chart and looks bullish, Now it has minor resistance zone at 0.51-0.52 if it breaks then we can see it 0.55 easily, and if it breaks the major resistance zone near 0.56 then its gonna pump hard.
Buy RSR and hold it in Spot.
RSRUSDT trade ideas
RSRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are now analyzing in a 4-hour time frame. As you see price is within a rising flag, fluctuating. We expect it can touch our target if it breaks its resistance. We also have a head and shoulders pattern that promises a rise in price. If the trading volume is weak and can't break the resistance line, then the weakness leads to a drop into the support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
RSR AdvancesRSR/USDT
Preliminary Entry: .0527 on 8/22
Collected Gains Since Entry: 8.14%
Prognosis: RSR is expected to keep advancing, despite BTC's current trajectory of correction. Look for possible retesting of .272 and .618 Fibonacci target levels.
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RSRUSDT - Major resistance break 💣RSR broke a major resistance zone and now we don't have much resistance left so we can move up fast to the next supply zone.
We need to keep an eye on BTC if we see further consolidation then this coin will drop as well.
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ANY PULLBACK TO ORANGE AREA IS A LONG FOR $RSRRSR currently looking good like almost every alts, was able of breaking above last months range and consolidation area, celar market estructure break for me, and currently price is aiming for mid range at 0.65-68$ (grey box).
As you can see orange box is a clear S/R area that needs to hold at any pullback, it could go down sharply as a deviation but needs to close above in HTF, so if given thats a long for me to grey area.
RSR: LongRSR certainly has a lot of news that looks bullish now. Seems Greyscale have been accumulating a very large bag, mainnet is apparently around the corner with good adoption in South America, and the Coinbase would most likely follow.
Chart looks good as well although short term, I'm expecting a pullback as the RSI looks a like H&S. So an RSI reset to around 50 as well as retest of the previous resistance could be a good a good launch point for the next leg up.
If BTC pumps though, could certainly see this 0.043 resistance get flipped to support without the restest.
RSR DESERVES MORE ATTENTIONFundamental analysis of RSR reveals that this project deserves a lot more attention than it has already garnered. No wonder it is one of the top projects Coinbase has invested in. However, it has not been listed on Coinbase yet. This bodes well for mid-term and long-term hodlers.
Technically speaking, RSR is breaking out of a huge range. The crucial resistance level ahead will catapult this coin into previous highs if retaken. RSI is in the overbought territory; however, it has some tiny room to grow to settle above the resistance zone. MACD indicates that it has some fuel left to propel the drive. Plus, an incoming golden cross between MA50 and MA100 might prove to be a catalyst. More importantly, the flip is a matter of "when", not "if".
I will definitely open a trade on the retest of the resistance flipped support. The trend line in black might prove a bit of a hurdle. Having said that, momentum will force a break out of that. Patience is the name of the game for now. A great opportunity is brewing.
RSR - Reserve RightsReserve rights is a good project overall , there team is constantly working and building things and finding solutions. We have coinbase listing this in future , grayscale accumulating there will be a matter of time we get 0.20-0.30 cents.
IMO we get another correction before a leg up.