Reserve (RSR) - The start of NEW UP-TREND and possible hype TR.Hello trading friends,
This is an update for long-term vision - and as traders know that there is no guarantee into markets, but all depends on study and trends.
our goal all as traders is to scan the best possible coin and to see where the most possibility is - for this reason after study (RSR) could be an interesting coin for a long-term cycle - but of course always with risk management. it will stay crypto space.
It's possible that we are going to enter new hype into this coin, this is also for technical reasons.
What this coin really will bring, we will confirm later with the time frame.
The chart adds in the best scenario of the chart and it means not that it should go so exactly in the long term.
Markets going on their way - and it can always take some time.
Have a good time
This is not a trading call but a study view - trade only depending on your setups and riskmanagement.
Reserve
Reserve (RSR) - Depending on TA into new uptrend Hello trading friends,
Depending on Data this coin looks to have a green uptrend - the same time it's a coin that knows from historical trends with possible power trends.
Also soon There is mainnet adding int this coin.
30 Apr 2022 (or earlier)
Mainnet Launch
All-Time High
Apr 16, 2021 (a year ago) $0.1189
we will follow the news and see last trends.
Have a good time.
Bitcoin Fractal Outlook This edition features a weimar republic hyperinflation pump by the fed over the past two years. Centralized banking cartel! Short term micro target resistance looks like ~56k i'm sure fibs and other indicators showing similar. Macro logarithmic top target ~125-240k by eoy. potential for 100k resistance to push into next year for macro target. big even.
$RSR/USDT 3D (Binance Futures)Symmetrical triangle near breakoutReserve Rights is accumulating above 50MA support and preparing for the next big move to come!
#RSR #DeFi reserve.org
Current Price= 0.035359
Buy Entry = 0.035421 - 0.031653
Take Profit= 0.051122 | 0.075996 | 0.113954
Stop Loss= 0.024730
Risk/Reward= 1:2 | 1:4.82| 1:9.13
Expected Profit= +52.41% | +126.57% | +239.74%
Possible Loss= -26.27%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 6 months
Contracts:
#ERC20 0x8762db106b2c2a0bccb3a80d1ed41273552616e8
#XDAI 0x5a87eac5642bfed4e354ee8738dacd298e07d1af
US 2Y Yields Spikes!!US 2Y bond yields melt up are the Central Banks losing control of the narrative and inflation continues to skyrocket causing pain around the world. AU2Y yield faced the same fate not to long ago. Yields have an inverse relationship to bonds as investors no longer interested in holding government bonds the sell and this selling causes higher yields.
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Smart Money is buying Real Bitcoin, selling USD and fake BitcoinPretty easy to see as a full time crypto trader wall street and smart money is trading in paper air Bitcoin bears with bulls here. $100K and $200K this year. Easy.
It's not real estate or Bitcoin or other real assets going up, it's FIAT going down faster that we can tell because governement backed currencies are bankrupt and without a floor. Inflation will continue to rampant except in economies that peg on a fix and verifiable central reserve currency. Bitcoin from 2008, has proven itself.
RSR: Slowly grinding towards resistance.One of my personal favorite behaviours of the price.
I longed this one, gonna keep an eye on that trend line in case we lose it.
If we break 0.045 it’s full send to 0.06.
Supports:
Trend line. If we lose that, anything between 0.036 and 0.032 is a potential support level.
Resistances: 0.04 to 0.045. Next one is between 0.06 and 0.063.
$RSR/BTC 2D (Binance Spot) Big falling wedge near breakoutReserve Rights looks ready for a very bullish move after regaining 50MA and it's being retested right now, fill your bag here.
Current Price= 0.00000085
Buy Entry= 0.00000085 - 0.00000077
Take Profit= 0.00000108 | 0.00000140 | 0.00000164
Stop Loss= 0.00000063
Risk/Reward= 1:1.5 | 1:3.28 | 1:4.61
Expected Profit= +33.33% | +72.84% | +102.47%
Possible Loss= -22.22%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 4.5 months
Great R/R for BABA short term, but could fall another 10-20%.Hey friends. One of my friends (and 100% a 'boomer in the making') was looking for some info on BABA. His strategy is always "BTFD" , and he holds very the long term.
Looking at $BABA through a bullish perspective, it's in a decent oversold condition with a defined risk/reward. The weekly candle is a bullish reversal 'doji', and we're below the forming descending wedge (a typical "wave e"), plus the RSI is crazy oversold (weekly RSi has only been this low once or twice). Depending on what happens on Monday morning, you can buy at market open around 161 (likely no higher than 164), with a defined stop below the low of 152.39.
Looking at $BABA through a bearish perspective, you can see that China's S&P equivalent (the CSI 300 Index, bottom chart) is also weak, which means China ain't so hot right now. We're below all major moving averages, and our MACD is showing no sign of a reversal. Keltner channels are all trending down.
From a macro perspective, there's a lot of leftover tension from the trade war, and long term they're looking to do CNYUSD currency swaps (that is, swap all reserves and holdings from global USD to Chinese CNY, which will ease their reliance and dependency on playing nice with the US). I'm no expert, but they'll likely be selling USD and buying CNY, forcing the CNY up from increased demand. Therefore, because most of the CSI 300 companies 'holders' are denominated in CNY (I can't imagine many foreign holders of these companies), the companies will lose relative 'share value' to CNY. A temporary drop in China's stock market is a small price to pay for international autonomy and a shot at being the global reserve currency. Long term, they're looking to replace all trade partners with domestic solutions, so maybe my boomer-buddy has the best BTFD moment in history! There's actually a great Market Huddle Episode on China-USA Trade relations and the Triffin Paradox here
Below, here's the CNYUSD. Does that look bullish? If it does, their stock market is about to take a wee-plunge.
Good Luck!
Reserve Rights / USD $RSR - Writing was on the wallIn retrospect, on most cyrpto, the writing was on the wall for a major pullback.
RSR was no exception and dipped significantly. On Binance, dropped even deeper, but I use Huobi as it has full history.
In this case, I count a complete 5 wave move up. My EW is not the best, so take it or leave it. What was obvious though are the 4 consecutive tops on a daily timeframe with bearish divergence on RSI. This coupled with the BTC Dom chart looking to be locally bottomed at support, should have been an obvious red flag, which I ignored due to the Alt mania.
The move down is difficult to count but wave 2s tend to be sharper and more aggressive and we have touched the 0.382 fib on Binance already. If BTC has found local bottom then RSR should do well.
Can't get any cleanerRSR looks very strong and ready to have a big rally. One of the biggest laggers and it is coming out of massive accumulation zone
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. 🙏
ReserveReserve 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.
important HERE :
Arguably Reserve's major defining feature is its Reserve Rights token, which is minted and sold when the RSV stablecoin loses its peg with the U.S. dollar. The funds generated by selling RSR tokens are used to replenish the RSV collateral pool, whereas when RSV is valued at above $1, the additional collateral will be used to purchase and burn RSR from the secondary market, driving down the supply.
So this coin will use a Burning mechanic to stabilise RSV Second coin to 1$. Burn RSR = Grow up... invest wisely and DYOR more about Reserve.... this kind of coin could hit Coinbase PRO.
Buy Zone : Now
TP1 : 0.13.5$
TP2 : 0.1995$
SL : No need
Happy Tr4Ding and Stay S4Fe!
Reserve Rights RSR price prediction for March 2021RSR is expected to trade at an average of $0.17 by the end of March.
Reserve, now as cheap as we expect.Warning: our thoughts are ours; not financial advice.
In our past reserve analysis, we expected the RSR to make a pullback to 4 cents. Thankfully, it trades even lower.
However, it needs to remain in its channel that began on 9th January 2021.
If it holds, the potential short-term target for us would be 8 cents.
However, if we break this channel to the downside, we could see RSR fall even further to 2 cents.
We are reconsidering our RSR positionWarning: our thoughts are ours; not financial advice.
We are still very bullish on Reserve , but with activities of the past few days, we are reconsidering our position as stated in our last analysis (analysis attached below).
We recently sighted a bullish reversal pattern, therefore, we won't be adding anymore position at this price as we do not consider it cheap enough for our strategy. However, our new short-term target has been raised to $0.087.
RSRUSD 18/08/2021Bullish movement for Reserve coin. Respecting the ascending channel well with at least triple confirmation of the trendlines.
We are bullish on the RSR, but we will buy at a cheaper priceWarning: our thoughts are ours; not financial advice.
We are very bullish on RSR long term. However, our rule book tells us we can still get some more at a cheaper price. So we have a buy order for this asset at 4 cents (we may reconsider our position as things unfold). We'll sell out that bag for short-term profit at 7 cents and 8 cents respectively.
It's a money game.