RSRUSDT trade ideas
RSR heading to 12 c then 18-20 cThis is a hidden beast, debated even publishing this idea cause I don't want people to find out about it just yet.
Notice the consistently higher lows.
Here is the weekly, with pitchfork target.
Here is the BTC pairing.
The least risky place to buy RSRUSDT In any case, it is ready to fly.
every time it reaches the bottom of the channel , it has moved to the midline , and also it has moved well every time it has reached the Como cloud
and nowwwww , it has reached both the bottom of channel and the Como cloud and it is ready to fly to the midline.
T1 : Midline
SL : 0.05857
RSR Long - 50 Daily Moving AverageBINANCE:RSRUSDT
What do we see here?
First, we have RSR crossing 4 times the daily moving average on a timeframe of 237 day.
Each and every time we crossed the MA we got a HUGE rally right after followed by a phase of accumulation.
I think going long on RSR now is not a bad idea if it's used with a good risk management.
My first target is 0.15$ with an extended at 0.22$
$RSR entering parabolic trendRSR getting more attention as it closes in on mainnet later this year and potential Coinbase listing after that
RSR with bullish FlagRSR with bullish Flag , if weekly candle close above 0.55 its expected to have a bullish direction toward 0.12/0.13 in case 0.45 will hold carrying out the price up
RSRUSDT 💫 on the Daily BINANCE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only*
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At time of charting this, we just broke the ascending pennant formation from mid March with decent volume. Am anticipating some healthy pullback and consolidation after this current breakout, due to BTC, before legging back up again.
The support and resistance lines are from the channel on monthly view going back to 2020.
This is a Trade only opp for me, not a HOLD strategy.
As always:
Do your own research. Always be watching BTC .
You do you, I'll do me & my own strategy.
Good chat.🤖
RSR great setupLike to support and follow for more content!
We can see that RSR broke out from the triangle and is going to the upside. If we see a candle close like that and above the 0.1 ATH and psychological level, we could expect a continuation to 1.33 for now.
What do you think?
Good luck traders,
NajjarTrading
RSR - BROKEOUTRSR brokeout as expected, i hope some of you managed to capitalise on my previous analysis.... we entered at the very bottom and are now up over 120% using 5x leverage and pumping nicely towards our final target .
RSRAfter forming a triangle it breaks its top line, and until it not returns to the inside of the triangle, there is a possibility of pullback to the broken line.
RSR: LONG! It took RSR long to break out, but eventually it is moving!
Wait for a pullback to enter.
Please hit LIKE if you find this useful!
CAN IT REACH NEW ATH???If it can break the downtrend line upwards and stabilize above the static resistance, we can see good movement...
The 0.08 support area is very important to us...
