RSRUSDT trade ideas
$RSR soon run very hard. Chart says it all , RSR has been lagging behind which was boring investors but i believe in the incoming weeks RSR will run very hard. There will be FOMO around it and news like coinbase listing and mainnet release and staking will have coin literally shoot up.
Plenty of the inpatients selling to the patience this will play out well.
Few facts below.
~Coinbase listing and mainnet and staking are all confirmed sources.
~Token metrics long term confirmed RSR is in fact BULLISH.
~Chart RSI long term monthly bottomed , looking for upside.
~Volume been low , usually means a big violent move is coming.
🦂 RSR broke daily resistance and is claiming new levelsThe price broke out of daily dynamic resistance (white line) and is now trying to claim the key level (0.385) and 200EMA. If the price shows us strength above this level, we should soon see a push towards the marked levels.
Entry: buy --current price--(greedy and risky) -- or safer buy at first local pullback as long as the price is above key level -- or buy retest of the dynamic support if the price is rejected from the key level (around 0.3340, observe technicals)
TP1: 0.04654
TP2: 0.04996
TP3: 0.06068
TP4: 0.06611
TP5: 0.07758-0.07933
TP6: 0.10579
TP7: 0.11920 (~200%)
Reserve Rights will be massive. RSR is really a longterm play but in short term i expect us to have a powerful price action to break to new ATH’s. Do not over complicate Reserve’s mission , just buy and hodl spot and be patient it will pay off. I am expecting a massive move towards upside soon , if we do get a push down i will be accumulating.
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You also need to do your research of course , Project will be a killer…
I have a decent spot bag in RSR bro i have not even thought of selling it yet i believe this project will go new ath’s . We have coinbase listing coming , staking , mainnet can be coming sooner then expected also the ios app + the use of reserve will be massive.
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Check me out and follow me for more gem calls and TA’s , I have a 85% accurate rate.
RSRUSDT - BREAKOUTRSR since breaking out of the falling wedge formation and forming new bullish structure, had a small shakeout by closing back below the horizontal support. What we can see now is price is trying to close back above this zone, if it manages to do so this will be my entry confirmation to enter long position.
RSRUSDT Technical Analysis
⏳ Spot
💎 RSRUSDT has been moving along the ascending channel and has been making HHs and HLs. It has also formed a symmetrical triangle . it might break below the triangle to go to the Pullback zone and then starts go to up again.
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.03350
☕️ TP1 0.04260
🍺 TP2 0.04790
🍻 TP3 0.05410
🍾 TP4 0.06000
🍷 TP5 _______
🍸 TP6 _______
🍹 TP7 _______
🎁 TP8 _______
🚫 SL 0.03100
Good Luck 🎲
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