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RSR / TetherUS

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RSRUSDT trade ideas

RSR - Short -bearish divergence short termRSR has been experiencing very strong buying momentum over the course of the past days, galvanized by the upcoming mainnet launch at beginning of October. Price action has been generating higher highs, reaching top of >0.0085. RSI and MACD have been crunching lower highs instead, suggesting we might experience a bearish divergence which can push prices lower in the short term. Please note that the token might experience high volatility given the mainnet launch as market will follow the old adage, buy the rumour sell the news. Would position with a short, but with tight stop loss
Short
by crypto_angelz
RSR Short Entry [Strong Bearish Divergence❗️❗️❗️]We are getting close to main net launch. I honestly think we'll touch support again before breaking resistance as a bearish divergence has been spotted on the 4H timeframe for RSI. We have also been stuck in the overbought area for quite a few days and now, it seems like price will head back towards the 0.0055-60 area (aka TP) before we break resistance, 0.0090-010 area (SL). I suggest you may take risk as from 1.25%-2.5% of your trading funds if you are to choose the max leverage available for RSR/USDT pair (25x).
Short
by hoaxical
1
RSR/USDT Elliott Wave count 4H TFRSR break slope trend line with an impulse that probably is wave 1 and than made an abc correction to retest the trend line after the break for a short wave 2. This is the wave C probably an impulse to the upside that will hit 1:1 ratio. 2.236 Fib projection 1 vs 2 hits perfectly the zone of the 1:1 ratio A vs C so from here I am expecting to start the wave 3 from this C wave. I am long on RSR with target into the box and stop lose below invalidation level. Also take a look to the related idea. If you like my analysis subscribe for future ideas and hit the like button. Thank you and good luck!
Long
by Cross10XSignals
RSR moved 8%. What's next?Hello, dear TradingView members. This is an RSR idea. RSR just made an 8% move up and got rejected after reaching the local resistance area. It is still bullish, considering how the Bollinger Bands are expanding, and the price is pushing up the upper band. There are two possible scenarios for now: Scenario One: The price will move a bit longer above the local support area and reach resistance levels. Scenario Two: The price will get rejected by the upper Bollinger Band and fall on our support levels. RSI is near the oversold area, but the price has more room to go up. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
22