RSR cup n handle update PRIMEDsame as before posts just showing the handle retests
obv never stopped bulltrend
accumulation appears to be finished
RSRBTC
Reserve Rights Token (RSR) - April 21Hello?
Dear traders, nice to meet you.
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(RSRUSD 1W chart)
(1D chart)
We have to see if we can go up along the uptrend line.
If it falls from the 0.05926847 point, a Stop Loss is required to preserve the profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
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(RSRBTC 1W chart)
(1D chart)
You should watch for any movement that deviates from the 151 Satoshi-180 Satoshi section.
In particular, it remains to be seen if it can rise along the uptrend line.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
RSRBTC massive Cup and Handle just retested its Handlethis is a textbook entry
OBV has already broken out
massive long squeeze seemed to hardly affect this chart which is always good to see!
RSRBTC cup and handle pattern confirmed!breaking through the cup top with momentum and high volume!
one of the most fundamentally strong coins in this space
the pump was paused for long enough, reaccumulation is finished
retest the breakout and sendit!
target is ATH
RSRUSDT EXPECTED RETURN 40%+ OVER THE NEXT WEEKHello everyone,
this is my 5th recommendation in the altcoin crypto market. as I start every post first let me briefly describe what you are seeing on the chart. In white you can see the price of RSRUSDT , while in black that's the set of technical indicators that I'm using. This set is composed of simple moving averages with the following period lengths (20, 40 , 80, 160, 320, 640, 1280, 2560, 4999). the purpose of using this methodology is to analyze both the trend and volatility over the short-term, mid-term, and long-term. it is worth noting that this is a line chart with each data point equal (H + L) / 2 OF 2H candle sticks. This chart covers the last 6 months.
Now, let's get to how I got this prediction. basically this setup has two modes; compressed which is the buy zone and, stretched which is the sell zone. the compressed mode is when the price and short-term moving averages get closer to the longer-term moving averages, while the stretched mode is when the price and short-term moving averages get further away from the longer-term moving averages. to trade this, the more compressed it is the more you buy and the more stretched it is the more you sell while in between you just freeze. Now if you look at the chart you will find RSRUSDT is in the compressed mode and you will see that it has very strong long-term trend, it doubles on average every 75 days (will explain how to quantify trend strength in the coming posts) which means that you are buying a very strong crypto-asset at its fair price, which I consider a bargain.
with all that said my conclusion is that RSRUSDT is expected to be one of the best performing crypto-assets in the next week or two. please follow in order to see updates if the asset reaches the selling zone, and to see my new trading ideas.
please like, and ask any questions in the comments. also If you like my ideas please support me by offering a job or you can just tip me through my RSR wallet address bellow:
0x850df6a0f6b4f8f2d19910654aff47dbec8dc226
your support is much appreciated.
thanks
Mustafa
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
$RSR, Looking good w/ a potential R/S flip over ~140 sats level.$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
Reserve Rights (RSR) Full Chart Mapped With TargetsReserve Rights (RSRBTC) has been in a bullish trend since the year started, right after the late December 2020 low was hit.
We can see the three 3 wicks, 3 heads pattern, which is similar to the iH&S... When we see this pattern, we tend to end up with higher prices.
We have a bullish MACD and RSI and prices moving above all the EMAs and also the green volume rising.
There has been consolidation for long, but with the entire altcoins market now going bullish... It is only a matter of time before it is the Reserve Rights turn.
Additional details on the chart.
Leave a comment.
Namaste.
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.
Supply Zone Hit and Time For a RetestAs predicted RSR has dropped to the supply zone around 70 - 80 satoshis and now it seems it will have to come down for a retest according to the Stochastic RSI. Feel free to look at my previous post on RSR.
- Not financial advice, practice and DYOR
RSR may hit 400 satsRSR has been in accumulation phase for quite some time, folks seem to be holding RSR strong by looking at the OBV.
In the long term, I expect RSR to give multiples on your sats - more specifically it may test 400 sats at the peak of the cycle.
*This is not financial advice, DYOR :)*
Happy Trading,
Qureysh