rasnek

Bullish Gartley in the making for RSRUSDT ?

rasnek Updated   
BINANCE:RSRUSDT   RSR / TetherUS
Harmonic pattern idea for RSRUSDT

If price reaches lvl A pattern will no longer be valid.

I've added possible trading idea for short and long in the chart.
Target for short is at 1.272 A-B at pattern completion.
Targets for long are at .786 A-D and 1.618 A-D
Comment:
RSR retested previous ATH of feb 13 at $0.078 which is also the .618 retracement lvl measured from the last impulse up.
Comment:
Price has reached the 0.618. From here we could see a possible reversal down to the PCZ between 1.27-1.618
Comment:
Comment:
RSRUSDT made a good rally after reaching the PCZ. The 4H shows bullish divergence on the macd. Looking good, we should see more upside coming soon.
Comment:
RSR got a strong rejection off the 0.5 lvl, I wouldn't be surprised it it drops back to the PCZ. Hopefully we see nice bounce from there. Keep an eye on that area.
Trade closed: target reached
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