Rsr
RSR MIGHT RETEST TO 0.067 ZONERSR may revisit the 0.067 zone for the healthy retracement. We've been see this gem recently a good price action, but in a healthy market there's no such thing that is full vertical pump healthy correction occurs after a pump.
Price target are shown inside this chart. Thank me later.
RSR: +100% pumping incomingThe RSRUSDT is moving in a log channel for a long time. Now it is heading to the upper band again, which is expected to be around 0.115 to 0.13 usdt range.
But be careful of the midline of the channel. The midline always played as a resistance/support in the history of RSR. Let's see if it breaks out.
MACD is golden crossed in the daily. RSI is moving strong.
We also have a nice Head&shoulders pattern, which is almost confirmed. The target of H&S is 0.9744.
I will take some profit at the upper line.
$rsr iHS$rsr currently showing a potential iHS on the bitcoin pair. daily close above channel EQ should trigger the rest of the move.
$BTC In this technical analysis, it shows hidden divergence in 4 hours time frame. Fair enough to indicate a good sign of correction.
One thing is the falling wedge pattern from the top before the dump.
BUT. Bear momentum is very strong, it might invalidate anytime and it could break the parabolic structure.
If 41k level doesn't break, i want to see a consolidation phase before the pump continues.
That's all for today. Happy trading.
Recap to my bias.
-Falling wedge.
-RSI indicates hidden divergence, or bullish divergence.
NOT A FINANCIAL ADVICE. Trade at your own risk.
RSRUSDT Local S/R| Swing High| Price Action| Volume Evening Traders,
Today’s analysis – RSRUSDT- trading above a key Local S/R where further upside is probable,
- Points to consider,
- Price action impulsive
- Local S/R support
- Swing High Objective
- Volume Influx
RSRUSDT’s immediate price action is impulsive, trading above a key trade location, the Local S/R Zone, allowing for a bullish bias.
The Swing High is the current objective, exceeding this level will lead to a trend continuation.
There has been a volume influx, this is indicative of a true break, volume follow through is required to suction momentum.
Overall, in my opinion, RSRUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
The goal of a successful trader is to make the best trades. Money is secondary. – Alexander Elder
RSRUSDTRSR looks pretty bullish.
This coin just had a 30% jump and made way to the hottest coins on Binance today.
Keep it under watch because if it can stay above resistance and close the 4H candle there, Those 2 Targets on the chart are highly expected.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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🔥 RSR Long Term Channel AnalysisRSR has been trading in this channel for almost 5 months now. During that time, a channel touch has always resulted in a change of direction. This trade is based on the idea that RSR will keep on falling in the near future, only to reverse to the bullish side when the channel support has been hit.
Before entering this trade wait for the price to touch the Entry line.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs/lows. Do your own due diligence.
Happy trading!
Reserve, now as cheap as we expect.Warning: our thoughts are ours; not financial advice.
In our past reserve analysis, we expected the RSR to make a pullback to 4 cents. Thankfully, it trades even lower.
However, it needs to remain in its channel that began on 9th January 2021.
If it holds, the potential short-term target for us would be 8 cents.
However, if we break this channel to the downside, we could see RSR fall even further to 2 cents.
RSRBTC Some ideas from a noobRSSBTC Some ideas from a noob .... Trend line + RSI Divergence?
What do you think?
RSR/BTC Little Experimental Analysis for myselfRSR/BTC Little Experimental Analysis for myself....
but feel free sharing your thoughts. I think price might go up in the blue channel.