🆓Reserve Rights/USDT Analysis (10/4) #RSR $RSRThe 0.08$ zone shows it is an strong support and the new rally may start from here up to 0.14$ zone
📈BUY
-Buy: 0.078-0.082$. SL B
📉SELL
-Sell: 0.137-0.143$. SL A
♻️BACK-UP
-Buy: 0.068-0.072$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Rsr
RSR/USDT is expected to gain 70% in next few weeksRSR is ready for the next wave and headed towards the next all-time high. It is following the chart patterns as we predicted in the last publication.
The next phase is to gain 70% from the current point but may face resistance around 0.98, this gain will be in the next 3-5 weeks. You will notice the sell zone around 1.2. The volume is stable and moving in the favour.
Buy in parts since the market correction is expected. Best of Luck.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
RSRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has gone out of its support line and completed its pullback and experienced further decline. We are considering a shopping area that we have identified for you dear ones. If the price reaches that area, it is a good purchase offer that can see the specified targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
RSR BULLISH REVERSAL HERE? RSR has been in a sort of downtrend since March. We may be at the bottom. If RSR holds support at the green box (both 4r and Daily support area), then I think this may be the bottom. 4hr RSI and Stock RSI holding trend and reset with a lot of way to run. I've opened a long here. If it goes through the bottom of the box-- I will close the long and revisit at a lower level.
If it holds support, it will go upwards significantly. I will look take half of my long off the table at take profit 1. Set a stop loss, and let the other half ride up to the potential problem area I've indicated. There is a strong trend line there that may act as resistance as well as a fib level.
If it rejects there , I will close my long or my stop loss will.
If it breaks through with a 4 hour candle close and no immediate drop, I will add to my position. If it retests the line or several candle closes above, I will add heavily.
RSRUSDT Look Bullish!RSRUSDT (1H chart CHART) Technical Analysis Update
Resistance Breakout
RSR/USDT currently trading at $0.088
Buy-level: $0.087 - $0.088
Stop loss: Below $0.082
Target 1: $0.092
Target 2: $0.095
Target 3: $0.10
Target 4: $0.11
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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RSRUSDT - Reserve the Right to cash your tokens in on a big moveThere is an area of confluence waiting at an apex of two ascending trendlines, like a magic gravity well, it's drawing the smart money up after a period of consolidation. Also, stochastics is trading mid-range, reinforcing the possibility of a possible trend upward.
I also asked your mom, even she agrees on this one. Just don't tell dad you spent his retirement fund on a "token". And, remember, if you don't agree with me, press play and see.....
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!
RSR / USDTWhat 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 $1.00 price target through a system of arbitrage opportunities.
Unlike RSV, the Reserve Rights (RSR) token is volatile, and its main purpose is to help maintain the stability of RSV. It can also be used to vote on governance proposals — helping holders shape the future of the Reserve Rights ecosystem.
In the later stages of the project, Reserve Rights plans to back the Reserve stablecoin by an increasingly diverse basket of assets, and eventually move it away from the U.S. dollar peg — instead creating an alternative reserve asset where RSV tokens instead represent fractional ownership of the collateral pool.
RSR Update - Perfect Chart! 🚀🚀Looking like we have tons more growth potential here long term. This chart is looking insanely bullish compared to the original call:
Should be able to squeak another 50% at least out of this chart short term. Fundamentally RSR is one of the better projects out there, one of the "good guy" projects if you will.
Looking forward to seeing how this pans out!
RSR/USDT Entering to Alert ZoneIt is about to hit is next all-time high and may fall back to the short term support level 0.062 Zone. The time span between two highs is about the same and it may reflect the opportunity to do short. The trend needs to fall back to its short/long support level to continue the Bearish trend.
The short opportunity will be reflected between 0.098 - 0.102 (This is only for short-term) Overall the charts are bullish.
Share your thoughts on this.
Disclaimer:
This is not financial advise, do your research and analysis before entering the trades.
You may lose all money if you enter into the wrong trades.
RSR | Near the 0.1$ critcal level price is trending in contraction and soon to be expanded, I would like to see a daily candle close above the critical level of 0.1$ to confirm the high probability of expanding furthermore toward 0.5 level, notice that the price might get aggressive after breaking the 0.1$ and do not consolidate in 0.5$ area but to go directly to 2$ level ,, however , in this setup holding to 2$ if the price gets aggressive will be a good strategy,,
RSR Price in Bullish PennantRSR cryptocurrency the giant crypto currency and best investment project price is now at the moving in the bullish pennant
RSR cryptocurrency coin chart looks really good bouncing off the support zone and also at the trend line support.
Breakout above the 0.09 USDT it can move higher after the breakout
Reserve Rights RSR price prediction for March 2021RSR is expected to trade at an average of $0.17 by the end of March.
$RSR, Looking good w/ a potential R/S flip over ~140 sats level.$RSR
Looking good w/ a potential R/S flip over ~140 sats level..
If volume starts flowing in, looking for continuation toward ~180 sats (40%)
UCTS Signalling buys on the 2D and any lower timeframes..
#RSR