Reserve Rights - Poised to explode higherReserve Rights is sitting right under the breakout zone for completing the cup & handle pattern.
The MACD has flipped bullish - The trend is our friend.
Im expecting a few days of consolidation here under resistance, build some pressure then blast through resistance on high volume & reach target shortly after (within a few weeks).
Patience is key here.
If BTC shits the bed then all bets are off
Reserverights
RSR channel developing - Reserve Rights Token - LongRSR channel developing - Reserve Rights Token - Long
This one has garnered some attention, has good backing and is targeting countries with failing central bank currencies. Hence; alt bull season = this one goes HAM.
Ham in a can.
10 CRYPTOCURRENCIES TO 10X IF INVESTED IN 2021 | 6: ReserveDISCLAIMER: The following is not financial advice. Invest at your own risk.
This is part 6 of the 10 part series of 10 Cryptocurrencies you should invest in 2021 to have exponential returns in the future.
The investment strategy centers on fundamentals and predictive models. It assumes all exponential assets obey the following:
Volume and Price action is everything.
Price always reaches the upper band (green in color in the chart) of the previous cycle high.
Ignores black swans and outliers ("A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.")
Price always regresses to the mean: Fibonacci zone 50%.
Each cycle's return diminishes by Fib levels: 100% to 78.6% to 61% and so on
Why you should invest in Reserve Rights:
Projected ROI on Log Scale: 1100% or more
Projected Price Target: 0.38993
Maximum Drawdown on Log Scale: 100 to 300%
Risk/Reward: 11X
Expected timeline: 1 to 3 years (Please note the predictive model doesn't predict time period. It simply predicts price projection)
Fundamentals of Price Movement:
Since chart data for RSR is limited, we are going to focus on key fundamentals like Problems, Solutions, Team, and Investors. Please do your research before investing. I provided links at the end to help you out.
RSR is right now aiming to be a currency for countries with high inflation. However, they want to be a global currency of the world.
Stable coins just got legalized:https://www.coindesk.com/occ-banks-stablecoin-payments
It's backed by top Silicon Valley investors, including Peter Thiel (Peter Thiel usually don't make a shitty investment).
Nevin Freeman, it's CEO, is a genius and visionary. I can tell when I see one.
It were part of Davos 2019 discussion: www.youtube.com
Massive inflows of Smart Money in Bitcoin means massive inflows of money into major altcoins based on Market Capital.
Altcoins are one cycle behind bitcoin, which means the return in altcoins will be 2X to 10X the return of Bitcoin.
Total Crypto Altcoin market cap expected to reach 2.5 to 5 trillion in this cycle.
See the chart below:
Research Materials to Learn More:
www.realvision.com
reserve.org
marketsuncovered.medium.com
Don't forget to like this if it helps you. Welcome to the greatest wealth transfer of the generation. Check the previous post below. Next post will be about Band Protocol
✳️Reserve Rights/USDT Analysis (27/12) #RSR $RSRThe buying power appeared in 0.016-0.017$ zone and RSR will increase again and retest the bottom of the broken symmetrical triangle pattern at 0.019-0.02$, if successful conquering this zone, RSR can completely rise sharply to the zones of 0.027$, 0.032$ and even the ATH zone at 0.039$
📈BUY
-Buy: 0.016-0.017$. SL B
-Buy: 0.019-0.020$ if A. SL B
📉SELL
-Sell: 0.027-0.028$. SL A
-Sell: 0.032-0.033$. SL A
-Sell: 0.038-0.039$. SL A
♻️BACK-UP
-Sell: 0.016-0.017$ if B. SL A
-Buy: 0.013-0.014$. SL B
-Sell: 0.013-0.014$ if B. SL A
-Buy: 0.009-0.010$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
✳️Reserve Rights/USDT (28/11) View + Trading Plan #RSR $RSRRSR is currently under very strong selling pressure and it is likely to continue falling to re-test the 1600sts zone. If successful, it will rise back to the 2000sts zone and possibly increase to the 2800sts zone.
But the high possibility is that the uptrend of the RSR has ended and will fall sharply to the 1000sts in December
📈BUY- LONG
-Buy: 1600-1700sts.SL B
-Buy: 2000-2100sts if A, SL B
📉SELL-SHORT
-Sell: 2000-2100sts, SL A
-Sell: 2700-2800sts, SL A
♻️BACK-UP
-Sell: 1600-1700sts if B, SL A
-Buy: 900-1000sts, SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Cup & handle on the daily chartWhen the market settles down and and BTC stops messing with alts RSR should pump. I'm not FA expert but I've read only good things on their project so I suppose is good, moreover the TA is good as well as you can see. The height of the cup is the same increase we should reach (in my TA it's around 0.039USDT).
Basically what I'm saying is: buy before it takes off!
RSR WAVE 3five waves and a correction to the 200 DMA
possible wave 3 on the way
elliott wave technicians please chime in
$RSR/BTC 4h (Binance Spot) Descending triangle breakout#ReserveRights is looking ready for the next move up, let's grab a bag here.
Current Price= 0.00000101
Buy Entry= 0.00000102 - 0.00000098
Take Profit= 0.00000112 | 0.00000124 | 0.00000132
Stop Loss= 0.00000088
Risk/Reward= 1:1 | 1:2 | 1:2.67
Expected Profit= +12.00% | +24.00% | +32.00%
Possible Loss= -12.00%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 240h
FA of RSR !!Hey everyone Hope you'll learn a bit more about RSR with this FA
For me, RSR is a sure bet for the upcoming Altcoins bullrun. But it is also a great long-term investment 'cuz unfortunately
hyper-inflation isn't going to disappear tomorrow. However, it's what drives RSR price up so lets take this opportunity to reach
financial freedom as we all deserve !!
Be safe friends :)
PS: sorry if it took a bit more time, the whitepaper had A LOT of info and i needed to process all of the info to make a comprehensible and accurate resume of the crucial fundamentals. ;)
RSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDTRSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDT RSRUSD
Reserve Rights (RSR) Project OverviewWhat 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.
Website: reserve.org
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Here we have the full Reserve Rights (RSRBTC) chart.
We have the support levels marked, below the support price.
We have the resistance levels marked, above the current price.
If you scroll the chart up, you can find additional targets.
This is very likely to grow.
Namaste.
Reserve rights RSRUSDT - Rising wedge + Descending triangle- RSR recently broke out of the rising wedge pattern, now we are looking for a pullback
- Also, descending triangle is forming on 1h chart - which is bad for bulls
- I can see a great buy opportunity at the main horizontal support
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