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RSRUSDT trade ideas

Breakout from the support - RSR/USDTBINANCE:RSRUSDT (4H CHART) Technical Analysis Update RSR is currently trading at $0.006682 and showing overall bearish sentiment Price currently broke down from the resistance and showing continued downward momentum Entry level: $0.006180 Stop Loss Level: $ 0.006682 TakeProfit 1: $ 0.005909 TakeProfit 2: $ 0.005715 TakeProfit 3: $ 0.005277 Max Leverage: 2x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Short
by GreenCryptoTrades
RSR buy setupAccording to the bullish structure of RSR, it seems that RSR intends to continue its upward path. SWAP is a good place for buy/long positions By maintaining the demand range, it can move towards the targets. Closing a daily candle below the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Long
by iMoneyTeam
Reserve Rights is leaving accumulation phaseRSR has shown strength as of late, but better late than never. Currently it is attempting to depart from its macro accumulation phase (high volume area) and is pushing the first level of interest (dotted horizontal). Additionally, it is interacting now with the 100ema on the weekly time frame, meaning I think a shorter term correction is due. Long term, this chart looks fantastic. I think despite potentially seeing consolidation in the short term, this thing should push up toward our high time frame resistance (macro resistance) in the large red zone. This is the first higher high out of the bear cycle, so things are really just getting started imo. Don't sleep on it. Vatsik
by cryptovatsik
RSR/USDT Bounce from the support, Indicating continue upward!💎 RSR has recently encountered significant developments in the market. Currently, RSR has successfully bounced from a support level that was previously a resistance, indicating potential for further upward movement towards testing our target Bearish OB area. 💎 However, if RSR revisits the support area around $0.0057, it needs to bounce again. Failure to bounce, and especially a breakdown below this support level, could lead to continued downward movement towards the demand area ranging from $0.0041 to $0.0037. 💎 When RSR reaches the demand area, a bounce is essential as it represents a crucial support level from previous bullish movements. 💎 Failure to bounce at this level and a subsequent breakdown below the demand area would signal a bearish trend, potentially leading to further downward movement.
by MyCryptoParadise
RSR/USDT Gearing up for a Bullish Momentum? 👀🚀RSR Analysis💎Paradisers, let's zoom in on #RSRUSDT, where recent market trends signal an impending retest of the Bullish Order Block (OB). 💎At the moment, #ReserveRights is poised to challenge the demand zone once again. There's a strong likelihood for the price to rebound from this zone and climb upwards, setting its sights on the bearish OB region as the forthcoming milestone. 💎However, if SEED_DONKEYDAN_MARKET_CAP:RSR does not achieve the rebound and instead dips below the demand zone, we may observe a pullback to the Bullish OB vicinity around the $0.0021 mark, where it could gather the necessary momentum for another upward attempt. 💎Historically, the Bullish OB sector has been a critical point for triggering notable recoveries upon interaction. Nonetheless, a breach of this area, signaling a shift towards bearish tendencies, could lead to a pursuit of bullish momentum from a lower echelon. 💎If #RSR doesn't manage to utilize the momentum from this or any lower level, a continued descent may follow. As always, your ParadiseTeam is vigilantly monitoring the developments, ready to navigate you through these market fluctuations.
Long
by MyCryptoParadise_Simon
2
RSR/USDT Break out descending channel, Bullish Momentum for RSR?💎 RSR has recently experienced significant market dynamics. After breaking out of a descending channel, the price is currently undergoing a retesting phase before probability continuing its upward movement towards our target Bearish OB area. 💎 However, if RSR fails to bounce during this retesting phase and breaks below the support area, it could indicate a reversal in momentum, leading the price back downward towards the Bullish OB area. 💎 Historically, the Bullish OB area has acted as a strong support zone, with the price bouncing after reaching this level. Yet, if the Bullish OB area is breached, it may signal further downward movement towards the strong support area.
by MyCryptoParadise
2