RESERVED RIGHT (RSR) - FIRST SCENARIO - BULLISH
No doubt BINANCE:RSRUSDT have gained over 700% since it All Time Low but the good news I bring to you is that there is still a potential 170% left.
Looking closely from the daily timeframe you will see that this outburst is clearly impulsive in which wave 1, 2 & 3 has been completed now we are in wave 4-yellow and in couple of weeks we should be heading up for wave 5.
Now here is where things get critical in terms of entry. See the medium timeframe 4H where I share full details on my page or check the update section for link. However, if you are bullish on RSR for long term short term - mid term shouldn't stop you from accumulating here.
RSRUSDT trade ideas
RSRUSDT(Reserve Rights) Daily tf Range Updated till 18-05-24RSRUSDT(Reserve Rights) Daily timeframe range. broke out of 0.007727 it was in that range level for a while. now only way for a valid confirm breakout is a healthy close. if it gets that 0.010066 is open to visit. local support is at 0.005593.
RSR/USDT It shows bouncing this can be a good sign for upward!๐ Paradisers, #RSR is indeed a coin worth monitoring closely.
๐ With a bullish candle rejection observed on the LTF demand area at 0.00568, there's potential for a bullish reversal. If RSR successfully backtests the resistance at 0.077, it could indicate a strengthening bullish sentiment.
๐ Breaking above the key supply area at 0.00916 would further solidify this bullish momentum, potentially paving the way for RSR to reach our target strong resistance area.
๐ However, if RSR fails to bounce from the LTF demand area, there's a possibility of a retracement towards the Major demand area around 0.0052 - 0.0048. Historical data suggests that RSR has exhibited consistent bounces from this zone, often leading to significant upward movements.
๐ The bullish scenario would be invalidated if the daily candle closes below the Major demand area. Such a development would signal a bearish momentum, potentially leading to further downward movement for RSR.
MyCryptoParadise
iFeel the success๐ด
RSR Long Trade Quiet Money PrinterThis has recently touched fresh liquidity and is about to retest that zone. I entered earlier and was hoping to get to add more to my position at or below my entry since I took some profits out at the last HH. This trade has many possibilities for different types of traders. My plan is simple and I will trade in and out at the resistance levels until there is a strong breakout to the upside. This is a long term play to hit the main target if possible and this was planned on a weekly chart. You can see the daily IPDA operating range marked on the daily chart which is the one I am posting here. The weekly makes it obvious why I feel this token is going to explode in the future. If you are using leverage you might want to trade it in smaller sections with tighter SL. Personally I am buying SPOT and just closed out my short as you can see from the other trade before this. I am also adding a grid bot to offset any losses. I will also be building a long position with 3-5 times leverage when I see a strong uptrend begin.
-NFA and this is a little known token, but it is more then meets the eye. #DYOR and always book profits cause most of the time there will always be a place to add back if you so chose to do so. Good luck this trade seems like a real profit generator. I almost hate to share it because for some reason all the trades I post privately are very successful and the ones I post public tend to have more problems.
May everyone earn some good profits on upcoming trades... I see a lot of possibilities just have to be patient.
RSR/USDT 4HOUR CHART UPDATE !!Welcome to this quick RSR/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
RSR has broken out of the symmetrical triangle pattern, indicating potential upside momentum. MA 50 confirms a bullish trend, which supports a buy setup.
the explanation:
RSR, in its recent price action, has broken out of a symmetrical triangle pattern. This breakout pattern often suggests a continuation of the previous trend, potentially leading to higher prices.
Furthermore, the Moving Average 50 (MA 50) is indicating a bullish trend. The MA 50 is a widely used technical indicator that tracks the average closing prices of an asset over the last 50 periods. When the current price is above MA 50, it indicates bullish sentiment in the market.
Taking these technical signals together, there is a setup for a potential buying opportunity in RSR/USDT. Traders and investors may consider entering long positions expecting further growth in the price of RSR.
However, like any trading setup, it is essential to conduct a thorough analysis, consider risk management strategies, and closely monitor market developments.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
RSR ANALYSIS๐ฎ #RSR Analysis - Breakout ๐๐
๐ฒ๐ฒ There is a breakout of Falling Wedge Pattern in #RSR and perfectly retests the level. It's a 8hr time frame breakout and we will see more higher price in long-term.
๐ธCurrent Price -- $0.006722
๐Target Priceย ย --ย $0.008678
ย โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐๐ธ
#RSRย #Cryptocurrency #Breakout #DYOR
RESERVED RIGHT (RSR) MORE CONTEXT
On the daily timeframe analysis I talked about how we might be seeing 170% gain coming weeks but then I want to call your attention to the possible right entry here.
The supposed wave 3 on the daily timeframe might be 5 because the Fibonacci Extension to that point is 300% which I would say is over extended for a wave 3 as opposed to the 168% and if 200% which in this case we got.
So I am considering this new bearish price action to be the beginning of a larger degree wave 2. meaning BINANCE:RSRUSDT on midterm is bearish and we will have to wait for price to drop further down before entering.
RSR looks a rocketThe slightly lower RSR has formed a solid support zone. This coin is in a bullish wave C. In fact, we are now in the middle of a bullish wave C.
If a pullback is made to the green range, it is a buying opportunity.
The target is clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
RSR ANALYSIS๐ฎ #RSR Analysis - Both Side Scenario ๐๐
๐ฒ๐ฒ #RSR is trading in a Descending Triangle Pattern. If the price of #RSR breaks and sustain the higher price then will see a pump and if the price breakdown the channel then we would see a dump๐๐
โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐
#RSR #Cryptocurrency #Support #Resistance #DYOR
Rsr chartRsr chart. This is done using an experimental method. This is not financial advice. Heavy resistance is the one that usually rejects the bull run. To sustain the move up you have the diagonal support line (if it`s not broken than the up movement is still valid). Alternatively it can hit support brake the diagonal support but still go to reach targets.
POC support from 2022This is a POC level I found and marked up from May of 2022. With many test as resistance after that, I am hoping to see this hold as support. As of this posting, it has provided immediate support on the flush down, but we shall see if any real volume can come in here to push it higher. A breakout does depend on the broader market. BTC consolidation is great. BTC breakout is amazing.
RSRUSDT(Reserve Rights) Daily tf Range Updated till 27-03-24RSRUSDT(Reserve Rights) Daily timeframe range. another beast of a performance from this one. the amount of profit provided from this one level by level is impressive. 0.012928 holding up for now, a retrace is make sense. local retrace point is at 0.009749.
Breakout from the support - RSR/USDTBINANCE:RSRUSDT (4H CHART) Technical Analysis Update
RSR is currently trading at $0.006682 and showing overall bearish sentiment
Price currently broke down from the resistance and showing continued downward momentum
Entry level: $0.006180
Stop Loss Level: $ 0.006682
TakeProfit 1: $ 0.005909
TakeProfit 2: $ 0.005715
TakeProfit 3: $ 0.005277
Max Leverage: 2x
Don't forget to keep stop loss.
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GreenCrypto
RSR buy setupAccording to the bullish structure of RSR, it seems that RSR intends to continue its upward path.
SWAP is a good place for buy/long positions
By maintaining the demand range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate this analysis
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
#RSR/USDT LONG#RSR
The price has been moving in a descending triangle since April 2022
We have a strong support area from which the price rebounded
The downtrend of the triangle has been broken and we are about to go up
This rise is supported by the moving average 100 break of 100.
The price is now 0.002941
First target 0.005484
Second goal 0.008678