RSR warming upIf you wanna enter RSR I'd advice you to set a buy around 0.0304 and another one a little bit higher. as you can see there's a falling wedge with a rising price inside it. Indicators makes me I think we should expect a little retracement (I see some little bearish divergences at 1h and 4h) however the path is clear.... UP!
Look at Fib retracement, the bounce in the 0.786 area happened as it does most of the times so I think entering from now on is safe enough.
RSR is a good project and is backed from paypal, I expect it to go over its ATH when it'll pump strongly!
Use stop loss according with my R/S and patterns supports.
Good luck
RSRUSDT
RSR/USDT 4HOUR UPDATEWelcome to this quick rsr/usdt analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- rsr/usdt brokeout and retesting the support level.
Entry:- 0.034, 0.035,
Traget:-
T1:- 0.038,
T2:- 0.045,
T3:- 0.051,
T4 :- 0.058,
Stoploss:- 0.032,
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
RSRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are now analyzing in a 4-hour time frame. As you see price is within a rising flag, fluctuating. We expect it can touch our target if it breaks its resistance. We also have a head and shoulders pattern that promises a rise in price. If the trading volume is weak and can't break the resistance line, then the weakness leads to a drop into the support line.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ANY PULLBACK TO ORANGE AREA IS A LONG FOR $RSRRSR currently looking good like almost every alts, was able of breaking above last months range and consolidation area, celar market estructure break for me, and currently price is aiming for mid range at 0.65-68$ (grey box).
As you can see orange box is a clear S/R area that needs to hold at any pullback, it could go down sharply as a deviation but needs to close above in HTF, so if given thats a long for me to grey area.
RSR: LongRSR certainly has a lot of news that looks bullish now. Seems Greyscale have been accumulating a very large bag, mainnet is apparently around the corner with good adoption in South America, and the Coinbase would most likely follow.
Chart looks good as well although short term, I'm expecting a pullback as the RSI looks a like H&S. So an RSI reset to around 50 as well as retest of the previous resistance could be a good a good launch point for the next leg up.
If BTC pumps though, could certainly see this 0.043 resistance get flipped to support without the restest.
RSR DESERVES MORE ATTENTIONFundamental analysis of RSR reveals that this project deserves a lot more attention than it has already garnered. No wonder it is one of the top projects Coinbase has invested in. However, it has not been listed on Coinbase yet. This bodes well for mid-term and long-term hodlers.
Technically speaking, RSR is breaking out of a huge range. The crucial resistance level ahead will catapult this coin into previous highs if retaken. RSI is in the overbought territory; however, it has some tiny room to grow to settle above the resistance zone. MACD indicates that it has some fuel left to propel the drive. Plus, an incoming golden cross between MA50 and MA100 might prove to be a catalyst. More importantly, the flip is a matter of "when", not "if".
I will definitely open a trade on the retest of the resistance flipped support. The trend line in black might prove a bit of a hurdle. Having said that, momentum will force a break out of that. Patience is the name of the game for now. A great opportunity is brewing.
RSRUSDT Has Made a Double Bottom
Welcome back Traders, Investors, and Community!
RSRUSDT on H8
⬆️Buy now or Buy at 0.03663
⭕️SL @ 0.03497
✅TP1 @ 0.04408
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RSRUSDT . Now what?RSR after having a nice dip could try for a retest of upper 0.042 res again , but this will be the last run of rsr if btc dips .
yellow circle represents to sell there cause then there won't be any chance if btc crashes under 40k .
as of now I see rsr have bottomed out and can move to 0.042 again. after that
it can crash to 0.02 ( very likely ) black line downwards
OR can go to 0.05 ( less likely ) purple line upwards
so selling at 0.042 is the best opportunity of selling .
as of now I only see a bearish retest not up only