KeylessCrypto

RSR BreakDown | Dead?

Short
KeylessCrypto Updated   
BINANCE:RSRUSDT   RSR / TetherUS
RSR on the 1-day chart appears to be in a bearish trend. It is currently in a complete downtrend, as indicated by the 200-day and 50-day moving averages. Additionally, it has reached a new low today (the last low was on december), although the 1-day candle has not yet closed. The RSI is showing a divergence, which may suggest a potential shift in momentum. However, attempting to trade the altcoin during a breakdown is not recommended, but if a day candle will close above 0.002768 there could be chanse for another long. It is advisable to exercise caution and avoid entering trades under such circumstances.

On the weekly chart, there is a possibility of a bullish triangle formation if the price reaches 0.00205 and if we see some good limits to hold. Anyway, a freeway for -20% from now..
Trade active:
almost has reached the target
Trade closed manually:
wow it got lower ffs
Comment:
still drowning
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