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 trade ideas
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...
RSR USDT Only up from hereSince the next bullrun is confirmed let's have a look at $RSR.
We had a major dip this year, but the team did not get distracted
and opened the app in four countries... no waiting list for new users.
>Venezuela
>Colombia
>Argentina
>Panama
To follow this year:
>Mexico
>Peru
>Chile
Very impressive. A working app, growth, millions of daily turnover...
Now we wait for MAINNET to come this year !!!1
Lets not forget that Coinbase ventures is a Seed investor in this project.. who knows,
we will see a Coinbase listing...
RSR - SHORT; LOSS! WHAT HAPPENED?RSR handed me my first loss in this series of trades. I took the short on the confluence of a head shoulders pattern and a broken trendline that had been retested. It didnt work out as buyers were stronger and sent the price upward! This happens all the time in trading. We go on to the next one! GG
🆓Reserve Rights (RSR) Oct-4 #RSR $RSRRSR has an important support zone at 0.034$ zone, it is heading to 0.042$, 0.05$ and 0.065$ zones in this October. But if it loses this 0.034$ zone, it will come back to 0.03$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.034$ zone
🔴Buy : 0.034
🔴Sell : 0.042 - 0.05 - 0.065
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.034$ zone
🔵Sell : 0.034
🔵Buy : 0.03
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Longterm outlook $RSR (Bullish)I have start accumulating $RSR longterm bag, the future for RSR seems bright. Team is constantly working and FA AND TA look good. Coinbase is looking into Reserve Rights and RSV to bring it to coinbase that will allow many people to buy and sell RSR all around.
My targets is around 0.16-0.24 cents to sell some of my long term bag. Reserve your rights to freedom.
Big moves coming up, keep an eye on RSRRSR is in a falling wedge that ends on my big $0,029 support line. Because the price is free flowing between $0,043 and $0,033, there is a big chance we will hit the big 0,043 resistance. The only condition is that we get under the $0,033 support line, because $0,034 is a very strong one and we need confirmation that we passed the $0,034 level.
RSR in a falling wedgeRSR seems to be forming a falling wedge and according with Fib retracement we're on a potential reversal level, however we're also close to a resistance around 0.04USDT (not shown here not to mess up the chart) and we're currently below ichimoky cloud and EMA 200. Basically we need a volume to increase to push price over such resistance zone.
RSR could go another 2 bounces inside the wedge before breaking upward, should this be the case I expect price to orbitate a little bit below 0.618 but not to touch 0.786. If buy volume spikes I think we can break at the next touch of the wedge's upper resistance.
If you wanna enter do it now and set a stop loss at 0.033USDT from current price (0.037 at the time I'm writing). You can also use a lower SL if you want, I think this is due to another pump which, eventually will take it over 0.1USDT.
Overall it's a good buy, even to hold for mid and long term.
Good luck