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Rsr

Is RSR/USDT ready for it's next leg up?I've been trading in and out RSR/USDT since . 01 and it is the gift that keeps on giving. I am shitcoin_rich. I'm just some guy who made it in 2017 and gave a lot back to the market in 2018 and 2019, but, I learned a lot of great lessons and nuances of the alt market. My TA is meant to be simple, no gann fann's and fib circles. A few alt coin trading tips. I trade with EMA's as my baseline with price action as my basis for exact entries. I use fibonnaci/ market geometry/ indicators/ divergence for confluence on my entries/ exits. I am the farthest thing from a financial advisor. 1) When BTC is trending bearish , alts are mostly bearish . 2) When BTC is trending bullish , alts are mostly neutral or bearish . 3) When BTC is consolidating, alts are most neutral or bullish . 4) After a BTC bull trend, and moves into short to mid term consolidation, money almost ALWAYS moves into alts. 5) Alts follow Ethereum's macro trail mostly. Ethereum follows BTC's macro trail mostly. 6) If you trade alts with bearish momentum for Bitcoin or Ethereum , odds are you will lose. BTC is King. Ethereum is queen. Alts are volatile peasants. Trade Alt coins when BTC and ETH have bullish and/or sideways conditions. RSR/USDT put in the daily high on Feb 13th, and the daily swing low on Feb 23rd, and has broken market structure to the upside on March 9th . Some technical observations, especially regarding the Feb 23 low. - The February 23 low tagged the macro .618 fib extension and reacted bullishly. The low also wicked bullishly with a hanging man candle into a weekly order block. The reaction of the low put in a close of a higher high. And lastly the low tagged the Daily 55 EMA and moved bullishly away. - Subsequently we have put in a higher high at .083 cents and I am looking for a support/ resistance flip at the .067 local high. If that area (local . 618 retracement / 6hr 55ema) holds, I am forecasting the next leg up to .13 I am bullish on RSR's fundamentals and expect it to reach .50 and maybe even 1.00 this year IF BTC and ETH hold bullish macro market structure. And remember! Don't over risk! DYOR! Have a trading plan!
Long
by shitcoin_rich
4
RSR is going higher!The pattern still needs to be confirmed as well, but at the moment, we can state with a high degree of confidence the reliability of such forecast. This token is already in the public eye and about a week ago Grayscale Investments announced adding RSR to the pool of assets under its management. In the circumstances of general bullish sentiment, We observe the correction which gaining distinct features of an Inverse Head and Shoulders bullish pattern, with a bullish moving average crossover. So we can wait and try to catch up with the trend tomorrow, or We can lead it today! Our profit-taking levels: $ 0.09 and higher.
Long
by Deviantor_Wayne
1
🔥 RSR Channel TradeRSR has been inside this channel for almost three weeks now, seeing some quite decent returns during that time. This trade is based around the idea that the channel will hold. Since the short term trend is edging bearish, we'll place our Entry point around the area where I'd expect the price to touch the trend. Wait for the price to touch the entry line before entering. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
33
RSR: +100% pumping incomingThe RSRUSDT is moving in a log channel for a long time. Now it is heading to the upper band again, which is expected to be around 0.115 to 0.13 usdt range. But be careful of the midline of the channel. The midline always played as a resistance/support in the history of RSR. Let's see if it breaks out. MACD is golden crossed in the daily. RSI is moving strong. We also have a nice Head&shoulders pattern, which is almost confirmed. The target of H&S is 0.9744. I will take some profit at the upper line.
Long
by RidingBubble
$BTC In this technical analysis, it shows hidden divergence in 4 hours time frame. Fair enough to indicate a good sign of correction. One thing is the falling wedge pattern from the top before the dump. BUT. Bear momentum is very strong, it might invalidate anytime and it could break the parabolic structure. If 41k level doesn't break, i want to see a consolidation phase before the pump continues. That's all for today. Happy trading. Recap to my bias. -Falling wedge. -RSI indicates hidden divergence, or bullish divergence. NOT A FINANCIAL ADVICE. Trade at your own risk.
Long
by CryptoProfessor
RSRUSDT Local S/R| Swing High| Price Action| Volume Evening Traders, Today’s analysis – RSRUSDT- trading above a key Local S/R where further upside is probable, - Points to consider, - Price action impulsive - Local S/R support - Swing High Objective - Volume Influx RSRUSDT’s immediate price action is impulsive, trading above a key trade location, the Local S/R Zone, allowing for a bullish bias. The Swing High is the current objective, exceeding this level will lead to a trend continuation. There has been a volume influx, this is indicative of a true break, volume follow through is required to suction momentum. Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work And remember, The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
Long
by AzizKhanZamani
7
🔥 RSR Long Term Channel AnalysisRSR has been trading in this channel for almost 5 months now. During that time, a channel touch has always resulted in a change of direction. This trade is based on the idea that RSR will keep on falling in the near future, only to reverse to the bullish side when the channel support has been hit. Before entering this trade wait for the price to touch the Entry line. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence. Happy trading!
Long
by FieryTrading
19