RSRUSDT trade ideas
RSR 1H less wordsClear chart with less words. RSR is accumulating for a while. Stable zone to grab some from the support if you are not scared of BTC atm.
Goods:
+ Small volatility
+ Small and clear SL
+ Accumulating
+ Clear break out entry
+ Good volumes in candles, almost impulse
+ BTC flet
Bads:
- BTC break down
RSR - RECTANGLE BOTTOMSWe are facing RSR designing the pattern called RECTANGLE BOTTOMS where the price after fall, stay in sideway (into a rectangle) for period of time before broke it in a upward movement. If you want more security in trade, you can wait the price touch the border inferior but it may not happens because the Stochastic is showing that the baseline's low is more UP now. You can see the same scenario for ADA, MKR, HEDERA.
RSRUSDT Signal (Simple setup with good RR)Hello traders,
Based on the chart,
it looks like a retest of the broken resistance, I want to try to open a long position.
Entry: market and lower
Targets: 0.005 and 0.0055
after first target reached move ur stop in breakeven!
SL: 0.0034
Risk/Reward: 1 to 3.5
Good luck!
Please, feel free to share your point of view, write it in the comments below, thanks!