RSRUSDT has formed an upwards trending channel on the 4 hour time frame. Looking for a re-test of the weekly close at around 0.05522, then a continuation upwards to re-test 0.068. A higher high would solidify the upwards trend formation.
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RSRUSDT re-tested the weekly support and hit a low of 0.05508. Also bouncing off the 0.382 Fib.
Looking for uptrend continuation now.
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RSRUSDT has now re-tested it's previous high of 0.068, but has been rejected, yet to be confirmed. Literally hit our intersection of the 0 fib and the yellow trend line drawn on March !
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.