Reserve Rights Token (RSR) - April 21Hello?
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(RSRUSD 1W chart)
(1D chart)
We have to see if we can go up along the uptrend line.
If it falls from the 0.05926847 point, a Stop Loss is required to preserve the profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(RSRBTC 1W chart)
(1D chart)
You should watch for any movement that deviates from the 151 Satoshi-180 Satoshi section.
In particular, it remains to be seen if it can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Reserverights
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. 🙏
🆓Reserve Rights/USDT Analysis (10/4) #RSR $RSRThe 0.08$ zone shows it is an strong support and the new rally may start from here up to 0.14$ zone
📈BUY
-Buy: 0.078-0.082$. SL B
📉SELL
-Sell: 0.137-0.143$. SL A
♻️BACK-UP
-Buy: 0.068-0.072$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RSR / USDTWhat Is Reserve Rights (RSR) ?
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.
Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem.
In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool.
RSR Price in Bullish PennantRSR cryptocurrency the giant crypto currency and best investment project price is now at the moving in the bullish pennant
RSR cryptocurrency coin chart looks really good bouncing off the support zone and also at the trend line support.
Breakout above the 0.09 USDT it can move higher after the breakout
Reserve Rights RSR price prediction for March 2021RSR is expected to trade at an average of $0.17 by the end of March.
Reserve Rights (RSR) Full Chart Mapped With TargetsReserve Rights (RSRBTC) has been in a bullish trend since the year started, right after the late December 2020 low was hit.
We can see the three 3 wicks, 3 heads pattern, which is similar to the iH&S... When we see this pattern, we tend to end up with higher prices.
We have a bullish MACD and RSI and prices moving above all the EMAs and also the green volume rising.
There has been consolidation for long, but with the entire altcoins market now going bullish... It is only a matter of time before it is the Reserve Rights turn.
Additional details on the chart.
Leave a comment.
Namaste.
Has RSR Gone Full Parabolic?RSR looks like it has made the move to go full parabolic. The trend has been continuing this way since June of 2020.
If the trend sustains, expect as much as a 2x around May 2021.
The RSR token is built on solid tokenomics and an awesome outlook on bringing stable money to people around the world.
Here's a zoomed out view:
Here's a local future outlook:
Happy Trading!
Re-up your reserves. RSR/BTCExpecting a further fall to around 80 satoshis before a strong push up, let see how this turns out.
not financial advice, dyor.
Reserve Rights RSR Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
AAVE Fully Diluted Market Cap $5,476,626,682
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
🆓Reserve Rights/USDT Analysis (19/2) #RSR $RSRRSR conquered 0.06$ zone and it's ready to pump up in next days to 0.09$ or even 0.14$ zone in this February
📈BUY
-Buy: 0.0585-0.0615$. SL if B
📉SELL
-Sell: 0.09-0.095$. SL if A
-Sell: 0.135-0.14$. SL if A
♻️BACK-UP
-Sell: 0.0585-0.0615$ if B. SL if A
-Buy: 0.039-0.041$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"