Based on my TA, RSR is currently forming a double bottom on the weekly chart and on the daily chart it is trading above the 50MA which is a good indication. However, there is a strong resistance at the yellow triangle ($0.05-$0.058)
I would go long if it broke this level and close 2 daily candles above the yellow triangle.
SL: $0.048
TP1:$0.065
TP2:$0.073
TP3: $0.084
I would go long if it broke this level and close 2 daily candles above the yellow triangle.
SL: $0.048
TP1:$0.065
TP2:$0.073
TP3: $0.084
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Disclaimer
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.