RSRUSDT
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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RSR/USDT is expected to gain 70% in next few weeksRSR is ready for the next wave and headed towards the next all-time high. It is following the chart patterns as we predicted in the last publication.
The next phase is to gain 70% from the current point but may face resistance around 0.98, this gain will be in the next 3-5 weeks. You will notice the sell zone around 1.2. The volume is stable and moving in the favour.
Buy in parts since the market correction is expected. Best of Luck.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
RSRUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has gone out of its support line and completed its pullback and experienced further decline. We are considering a shopping area that we have identified for you dear ones. If the price reaches that area, it is a good purchase offer that can see the specified targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
RSRUSDT D1:300% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-No MACD / RSI /MA/FIBONACCI
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
-no moonboy/crazy targets
-TA that makes sense and
-setups that payout
RSRUSDT D1:300% gains THE BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: RSRUSDT 1day/candle chart review
::: accumulation in progress now
::: bullish chart looks good
::: updated/revised outlook
::: setup still valid as of today
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: currently PULLBACK MODE
::: BUY LOW near 0.047
::: entry - April/May 2021
::: for now PULLBACK/CORRECTION MODE
::: will last 2-5 weeks
::: up to 300% gains possible later
::: short-term pullback/correction
::: re-test of yellow TL required
::: before uptrend can resume later
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +300% gains
::: details: see chart
::: FINAL TP is 0.18 USD
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +300% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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 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
RSRUSDTentry: around 0.090
TP1: 0.099
TP2: 0.105
TP3: 0.1125
TP4: 0.1192
SL: 0.08212
Check my website for tutorials, examples and calls :)
cry-pto-surf.com
- My trades are not financial advices
- always use stop-loss
- invest only the amount of money you are ready to lose
- trade with a strict money management method
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!
RSR / USDTWhat 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.
a Deep dive on RESERVE : (RSRUSDT analysis)"Reserve is a flexible pool of stablecoins
designed to reduce risk through diversification and decentralized governance."
"To everyday users
Reserve is just an app for buying, holding, and spending digital US dollars.(Available in Venezuela, Argentina, and Colombia )"
❇️(coinmarketcap DATAs:
(Rank #74 kind:Token ,On 65,590 watchlists , Market Cap:$1,218,559,783 , Fully Diluted MarketCap:$9,257,124,169 , Circulating Supply: 13,159,999,000 RSR (13%) ,Max Supply:100,000,000,000 )
What 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.
it 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.
❇️Who Are the Founders of Reserve Rights?
Reserve Rights was co-founded by Nevin Freeman and Matt Elder. Freeman is Reserve's CEO and a seasoned entrepreneur. He describes his life goal as "solving the coordination problems that are stopping humanity from achieving its potential."
Matt Elder, on the other hand, is an experienced engineer who previously worked for Google and Quixey, and now works to oversee the architecture of the Reserve protocol implementation as the project’s CTO.
❇️What Makes Reserve Rights Unique?
Unlike other stablecoins that are typically backed by U.S. dollars (USD) held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve stablecoins are backed by a basket of cryptocurrencies managed by smart contracts.
This basket initially consists of Ethereum stablecoin assets, including USD Coin (USDC), True USD (TUSD) and Paxos (PAX), but there are plans to later transition to a more diverse basket, which might eventually include fiat currencies, securities, commodities and complex asset types, like synthetics and derivatives.
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.
Arbitrageurs can benefit from this mechanism when RSV is valued at above $1.00, by buying RSV at $1.00 from the Reserve smart contract using RSR, and then selling it at the current market price to net the difference as profit. This option is only available to RSR holders, and is currently one of the main drivers for holding RSR tokens.
❇️refrences: coinmarketcap - reserve. org
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✅TECHNICAL ANALYSIS
Since mid-September, we have seen that the currency is stuck in an uptrend channel that regularly fluctuates between 100 and 200% for 5 times, which provided a good and low-risk opportunity for swing traders, and in any case. I think this currency will have to leave this channel and maybe it will happen in the vicinity that after leaving the channel, you can enter to a long position or with low-probably it can see the bottom of the channel again in the green support range and then climb.
But this scenarios is also a possibility and it may go in any direction which market chooses .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
RSR/USDT Entering to Alert ZoneIt is about to hit is next all-time high and may fall back to the short term support level 0.062 Zone. The time span between two highs is about the same and it may reflect the opportunity to do short. The trend needs to fall back to its short/long support level to continue the Bearish trend.
The short opportunity will be reflected between 0.098 - 0.102 (This is only for short-term) Overall the charts are bullish.
Share your thoughts on this.
Disclaimer:
This is not financial advise, do your research and analysis before entering the trades.
You may lose all money if you enter into the wrong trades.
RSR | Near the 0.1$ critcal level price is trending in contraction and soon to be expanded, I would like to see a daily candle close above the critical level of 0.1$ to confirm the high probability of expanding furthermore toward 0.5 level, notice that the price might get aggressive after breaking the 0.1$ and do not consolidate in 0.5$ area but to go directly to 2$ level ,, however , in this setup holding to 2$ if the price gets aggressive will be a good strategy,,