Rsr
Watching RSR! (RSR/BTC)RSR has made a Double Bottom Formation.
It's trying to break the resistance at 122 sats.
If it succeeds, we don't have any consistant resistance up to 250 sats.
It may be exposed to a sell pressure anywhere between 150-250 sats.
For this reason, If you take a long position, keep your stop-loss close.
If it breaks the uptrend line down, its next stop will be 75 sats.
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
BITCOIN FRACTAL $900,000 IN 2022it is with great pleasure and wild speculation that I present to you this fractal
this can only be the work of a mad man
it is best to leave well alone such fantasies of grandeur and fortune
and keep your nose to the grindstone if you want to earn an honest living
you can take up an apprenticeship at the blacksmiths' shop in the square
or you can short bitcoin with 10x leverage
whatever you choose please make sure it is your calling that pulls you into faithful service of mankind
may the odds be ever in your favor!
ALL TIME HIGH ($20000) or HTF MACRO CORRECTION?-Yurlo
$18,000+ USD for SINGLE bitcoin.....
(1st bull run for learning, the 2nd for earning)
I've been wrong since $10,500 and have shorted the local bottom multiple times (this is my 1st year learning how to trade from 0 experience) Where did i do wrong? At $8800 my predictions were breaking the historical resistance ($10,500) followed by an impulse move to $13,800. We topped out at $12,500 and retested the old resistance which now was acting as support ($9800-$10,500) This year I've paid my traders tuition and now I've experienced both macro crazy pumps and dumps. I've learned many good lessons since my first trade (April-May 2020) and I'm excited for 2021 and the future.
Risk management #1
Confidence #2
Saucy trading strategy #3
Market psychology #4
Market sentiment #5)
We're VERY close to breaking ATH's and entering price discovery but a correction is over due (price being overbought / oscillators high) also don't mean much when bitcoin has its momentum while going parabolic in a bull run (fighting the trend will result in liquidation and blowing an entire account)
An expert is someone who's failed in all area's and learned how to adapt
Looking forward to 2021 and the rest of the decade as bitcoin further develops and builds a solid foundation going into the future
RSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDTRSR Reserve Rights Daily Chart Ready for breakout RSRBTC RSRUSDT RSRUSD
A SHORT STORY (BTC failed to hold support November 13th/14th)-Yurlo
If we follow the same fractal from september-december 2017 (since september 2020 it’s played out) tomorrow or in the next few days we’re taking the elevator down south. In 2017 on November 13th we wicked down $4000+ before heading to ATH's, could history repeat itself in 2020? Hypothetically if it followed the same fractal from (September - December) in 2017 it could. The same fractal topped out on September 5th before retesting lower levels and then we found support and headed to ATH’s, or we end up below $10,000 again.
Stay safe friends.
QUANT exactly mimicking LINK after breaking wedge in Oct 2018Quant has broken out of the Massive Yellow wedge and forming an ascending triangle. This is exactly the pattern Chainlink had in the week of 20 October 2018.
This company has outstanding FA being featured on Real Vision a month ago. Also Quant was awarded the Gartner Cool Vendor award in 2019, Chainlink in 2017.
Link exactly followed this pattern since the bottom. Breaking the yellow wedge, flipping it and pursuing to test the all time highs within the ascending wedge range. Hereafter correcting 40% (not retesting yellow wedge)
The massive Cup and Handle pattern which form the highs is a classic ICO pattern that has to be broken before continuing in the next phase. Link is one phase (2 years) ahead of Quant.
Very open to idea's and comments
$RSR, Daily candle over 20% today... Flying $RSR
Daily candle over 20% today... Flying
Do not long resistance tho..
Wait for a R/S flip // true break over current level ~122sats as signal of continuation 👍
#RSR
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.
RSR / BTC RISKY TRADERSR /BTC
show triple bottoms
Holding above Local support 88-92 sat
Also on 4h frame its above ema 20-50-100
BUY AREA :93-88 SAT
We can expect a pump to next targets
TP1 = 98
TP2 = 108
TP3 = 120
TP4 = 130
Stop 4h candel close below 88 sat
Its HIGH risk trade please small amount (5% max) and respect stoploss
Good luck and Happy trading
POTENTIAL BLOW OFF TOP (bull markets have major corrections too)-Yurlo
Please SMASH that like button for me 👍
Just so everyone knows I'll be posting daily TA's again now that I'm back trading full time!
My reasons to be bearish:
#1: All of CT is bullish
#2: Market sentient is full of greed
#3: We’re still under resistance ($15,675-$15990)
#4: $SPX may have a -$300 correction, which would approximately be a -$1200 move it $BTC followed s&p 500’s downtrend if we get a bloody monday or week
(invalidation point imo would be if $15,675 holds on a 4 hour or daily close)
The liquidity at $15,000 (buy orders) will eventually get pushed down by sell orders which seem to be more significant. $14,750 is the next support and after that level is lost $13,800 isn’t too far away.
The longer you survive the more you’ll adapt in terms of creating a strategy that will consistently outperform the market and make you a rich man.
“20% of your actions produce 80% of your results”
Stick to your trading plan, you make your TA for a reason so respect your TA and use it as a road map.
RSR/BTC (Rejected at Key Level Resistance)💎Technical Analysis Summary💎
BINANCE: RSRBTC
-RSR rejected at key level resistance around 140s sat
-The price fell fast and now back at previous swing support
-The Bulls must defend this zone to keep the game intact
-This is a good buying zone provided there is a sign of strength
-And you have a proper stop loss location at a good market structure
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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RSR 12h The token growth is possible after fixing above $0.01875Briefly about the project . The Reserve Protocol is one of the tools for diversifying risks by transferring assets into stable digital tokens.
The project is actively developing in Venezuela, where it helps to save its finances from terrible inflation.
The protocol includes two tokens - RSV - stablecoin, which just ensures stability and diversification of risks.
However, today we will talk about another token of this project - RSR .
Prospects for RSR.
If in the coming days the price fixes above $0.01875 , then the way to $0.0235 will open.
However, so far the weakness of buyers can be seen from the token. This fact can turn into the fall of the RSR price to $0.0092 for a start .
P.S. In fact, the trading chart for this token is much larger. But since this token is traded on Binance exchange by a significant number of investors, we decided to make the idea exactly according to the Binance chart.
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Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Reserve Rights Doing a Thing. RSRUSDYes, it is. Some very nice moves there. Immediate fib goal in gold. And what other more appropriate color can it be? Not financial advice.
RSR/BTC is exploding as expected ..next targets ?Hi guys
3 days before i put signal on RSR/BTC on my channel and here on tradingview
You can see here the original signal
Our buy area was 110-101 sat
From 110 is about 20% profit alone now in just 3 days
Now rsr looking hot and want to explode more
As long as its above 120 sat we can see next targets easy soon
I don't recommend buy high and in green we already bought before it moves .now we just want to see momentum of price
But best buy area was at first siginal between 110-101 sat
Follow and like for more signals like that
Thank you and good luck
RSR Trading AnalysisHello traders,
Rsr is above an important support zone and it seems that is forming a bull flag. It is in an very good buy zone for a Swingtrade with the two targets showed at the chart.
For more analysis like that push like button and follow us on Tradingview
$RSR great entry is almost here!Good day crypto ladies and gentlemen,
BINANCE:RSRBTC is approaching the perfect buy level between 0.5 and 0.618 Fibonacci Retracement.
It looks like the downtrend might be over, huge volume breakout gives high hopes for upcoming bull trend. 200 EMA acts like a major resistance for RSR now.
Risk: 5
Reward: 9
Trade wisely and plan all your actions before buying.
All my trades are my personal opinion, so DYOR
RSR/BTC HIGH RISK HIGH REWARDRSR/ BTC
RISKY TRADE and HIGH REWARD also
BUY AREA
110-101 SAT (average buy 105)
STOP DAILY CLOSE BELOW 98 (6.7% from average buy)
Sell area
120
130
144
162
188
RSR SHOWS A NICE HEALTHY BOTTOMwe all love a nice firm bottom ;)
rsr bounced on the 200 ma and consolidated nicely in the .008 - .012 range printing a double bottom before breaking out of the top of the range at .012
continuation is likely
oh also see news for paypal and then check out the founders of rsr
hmm
NFA