$RSR CONTINUATIONtap of .033 support and 80 DMA
breaking over the 1.618 fib channel
possible elliott 5 wave taking price to good places
looks positive for RSR
not financial advice
RSRUSDT trade ideas
Reserve Rights Token (RSR) Hey Hey
RSR ON FIRE AGAIN
Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities..
TG 0.1- 0.105 -0.120 SL 0.9- 0.85
BYE
RSR is very promising in the long run, as it has been!Technical analysis regarding the price of RESERVE RIGHTS in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
RSR setting up for a pumpRSR has been quiet for almost a month, it almost reached 0.1$ and then dumped, did a series of swings to create this symmetrical triangle.
I think symmetrical triangles are among the chart pattern that deliver the most so, if this is a bullish scenario like I think it is, the target will be reached pretty soon from the breakout. Right now indicators say it's still ranging, it's possible it'll do another leg down so to enter I suggest that you either wait the breakout or wait to see if it goes on the bottom of the triangle again.
A safe entry would be once it closes a candle over that resistance over the triangle. Use risk/reward chart to set your stop loss. During past weeks the purple zone worked as a mild support/resistance within the triangle.
RSR ready for another leg up?! 🚀RSR 🚀
RSR triangle formation and consolidation for almost a month now. Ready to breakout anytime soon! Indicators have reset itself. Expect a breakout within a week!
If you're still not into RSR yet, trade the retest of the breakout!🚀🤑
not financial advice
RSR will make higher high!RSR looks bullish, Here are Reasons:
1. Price is at the Bottom of Strong Ascending converge channel
2. HD+ in daily Time frame(Trend continuation)
3. Strong support Zone Around 0.080$
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RSR tradersr looks good for a buy. it broke the downtrend and might go up.
these are my targets. enjoy
RSRUSDT scalping opportunityAn entry at 0.08685 with a TP at 0.09449 and a SL at 0.08034 while the price is ascending yelds an 8% increase with a 1.17 R. Though the R is small, the trend can be easily followed.
$RSR doing a second attempt#RSR is on the 2nd chance now to break up this wedge with higher volume. Would it be successful this time? Mind the hight time frame triangle formation with this dip being the last E wave. plenty to move up from here.
RSR is consolidatingRSR is consolidating .keep it in your watchlist and wait for breakout to the upside.
RSRUSDT IS A BULLISH BREAKOUT COMING SOON?Hello Traders, This is a Screenshot of my Analysis on this Pair. Price has been Bullish on the Monthly Timeframe, confirming that we are in a Bullish Environment.
However, we have an Accumulation on the Daily Timeframe and we can see Price bouncing inside a Pennant. I have marked out an area of Demand and I will be Monitoring Price Action inside this Demand Level for Potential Bullish Trading Opportunities in the Coming Days. Stay Put for this one.
Reserve Rights (RSR)Reserve Rights (RSR) is the utility token of the Reserve Protocol, a stable coin platform on Ethereum. The Reserve Protocol comprises a dual token model: the RSR utility token and the RSV stablecoin backed by a basket of assets as collateral.
Reserve is backed by High Profile Venture Investors Including Peter Thiel, Coinbase Ventures, and Sam Altman. Certainly a contender for one of the top cheap cryptocurrencies to buy in 2021.
