RSRUSDT trade ideas
RSR Uptrend Resumes - Target $0.20SUMMARY: bullish and consolidation period ending - looking for entry point to go long.
-- Technical --
RSR has been consolidating for the last 4-5 weeks and looks to be ending it cycle, after breaking to the downside on the ascending triangle.
Bollinger Bands daily is pushing the bottom of the volatility cloud and indicates a bottom has been reached.
MACD daily is indicating momentum down is slow and we are close to golden cross.
RSI 1D shows plenty of headroom for upwards buying momentum.
-- Fundamentals --
RSR is a solid project with a market cap of approximately $1bn - I see as a challenger to XLM or XRP.
It could easily achieve a 10x upswing in this environment.
Needless to say - I am ultra bullish on this one.
$$$ Happy Bull Market Alts season is here $$$
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*Not financial advice and is for educational purposes only. Always DYOR.
Got questions? Shoot.
Altcoins Update: RSR, the solution to hyperinflationVolume and Price action shows:
Target 1: 0.16
Target 2: 0.40
Target 3: 1.2
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
rsrusdtrsr has completed XABC and will go to d leg from here for cypher pattern .I hope btc stabilize sooner or later and do not destroy this rsr structure. buying here in spot .feeling good.
Not financial advice .DYOR
RSR/USDT X10 From Now !*DEFI
Reserve Rights (RSR)
Rank 100
Max Supply 100 Bn
Circulating 13.6 Bn (13,6% of 100%) - Big potential
Goal 1 : X2 From Now - Near mid-end of Summer 2021
Goal 2 : X10 From Now - Near May-June of 2022
Don't Forget subscribe, i Will be adding more coins - soon.
Profits to everyone!
GANN RSRRSR is a coin that I have been holding for a long time waiting for it to moon but its simply lost its momentum not sure what's happened with this coin but very weird patterns since march 2021.
Hoping 2/1 ratio is not broken , this is project I really hope does well not just to make money but to help people world wide with inflation its nice to invest into a project for once trying to help people.
I will HODL my bags wait for XRP moonshot one day to 1dollar lols
RSR plan. The green support line has held strongly so I would assume this will continue to follow which could lead to a breakout to newer highs at the upper two red circles.
There is a resistance line pushing it down currently so we would need to break through that.
I entered on the last pullback to the demand zone as there was a head and shoulders pattern forming on the 1hr and the right shoulder pullback just touched the green S1 (this is where I placed my entry)
RSR plan. The bottom green trend line has been a strong support so I assume it may follow this - this would be perfect to break out on the two upper red circles to then lead to new highs.
Depending on how Bitcoin behaves we may see it follow the black trend line down into the lower reversal area to the break upwards, anything below that .. nope.
I had entered on the last pullback to the last green support line as it lined up perfectly with a head and shoulder formation and bounced off trend line.
Might not work, who knows.
RSR Long term outlook bullishWith the potential Grayscale listing, releasing of app numbers in the upcoming weeks, Mainnet, and Coinbase listing things are looking extremely positive for Reserve.
I can see us continuing this trend this year and potentially pulling back a little before blasting off even higher.
RSR Closer to breaking out any momentCandles away from breaking out of triangle. Then shoot to the stars
rsr long rsr seems to be forming ab=cd pattern on daily time frame.one candle is 1day so remember its atleast two months hold time in spot.its a good project and I am super bullish on it.long term hold.
If anyone of you want to learn TA simply visit my teacher Haris Khan youtube channel.every chart explained very simply .easy to understand
RSRUSTDRSRUSTD had falling wedge and raised the market now making double bottom and have 80% chance of bullish market
