Altcoins Update: RSR, the solution to hyperinflationVolume and Price action shows:
Target 1: 0.16
Target 2: 0.40
Target 3: 1.2
P.S: Anything I say or do, should always be taken with a pinch of doubt. You might make or lose money based on my opinion, but you are solely responsible for your own actions. I am not your financial advisor!
Rsrusd
GANN RSRRSR is a coin that I have been holding for a long time waiting for it to moon but its simply lost its momentum not sure what's happened with this coin but very weird patterns since march 2021.
Hoping 2/1 ratio is not broken , this is project I really hope does well not just to make money but to help people world wide with inflation its nice to invest into a project for once trying to help people.
I will HODL my bags wait for XRP moonshot one day to 1dollar lols
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)
RSRUSDTRSRUSDT (1H Chart) Technical Analysis Update
Trendline Breakout
RSR/USDT currently trading at $245
Buy-level: $0.083 - $0.085
Stop loss: Below $0.076
Target 1: $0.090
Target 2: $0.096
Target 3: $0.10
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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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!