Rsr
RSR Long - 50 Daily Moving AverageBINANCE:RSRUSDT
What do we see here?
First, we have RSR crossing 4 times the daily moving average on a timeframe of 237 day.
Each and every time we crossed the MA we got a HUGE rally right after followed by a phase of accumulation.
I think going long on RSR now is not a bad idea if it's used with a good risk management.
My first target is 0.15$ with an extended at 0.22$
Reserve Rights Token (RSR) Hey Hey
RSR ON FIRE AGAIN
Reserve Rights is a dual-token stablecoin platform that was launched in May 2019 following a successful initial exchange offering (IEO) on the Huobi Prime platform.
Reserve Rights’ dual token setup includes a stablecoin known as the Reserve stablecoin (RSV) — which is backed by a basket of assets managed by smart contracts. The second token is the Reserve Rights token (RSR), which is used to keep the RSV stable at its $1.00 price target through a system of arbitrage opportunities..
TG 0.1- 0.105 -0.120 SL 0.9- 0.85
BYE
RSR is very promising in the long run, as it has been!Technical analysis regarding the price of RESERVE RIGHTS in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
A possible move on RSRBTCThough i am more optimistic it would go up, but a downward movement is a possibility too.
$RIF/USDT Technical AnalysisI allocate almost 20% of my bags for RIF
Ascending triangle pattern brake out for the second time, good follow up candle after the bounce from 20MA (yellow) thus, confirmation for this breakout is a must before I go for a long position. Another reason why I'm bullish for this coin is the MACD cross on 1 day time frame. I'm still looking for a good follow up candle above it's closing price.
Again, trade responsibly. Trade with a plan and don't let market ruin your fund.
RSRUSDTRSRUSDT (1H Chart) Technical Analysis Update
Trendline Breakout
RSR/USDT currently trading at $245
Buy-level: $0.083 - $0.085
Stop loss: Below $0.076
Target 1: $0.090
Target 2: $0.096
Target 3: $0.10
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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🆓Reserve Rights/USDT Analysis (10/4) #RSR $RSRThe 0.08$ zone shows it is an strong support and the new rally may start from here up to 0.14$ zone
📈BUY
-Buy: 0.078-0.082$. SL B
📉SELL
-Sell: 0.137-0.143$. SL A
♻️BACK-UP
-Buy: 0.068-0.072$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
RSR/USDT is expected to gain 70% in next few weeksRSR is ready for the next wave and headed towards the next all-time high. It is following the chart patterns as we predicted in the last publication.
The next phase is to gain 70% from the current point but may face resistance around 0.98, this gain will be in the next 3-5 weeks. You will notice the sell zone around 1.2. The volume is stable and moving in the favour.
Buy in parts since the market correction is expected. Best of Luck.
Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in the publication constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.