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Crypto4light
Aug 12, 2022 10:47 AM

RSR move to local resistance zone Long

RSR / TetherUSBinance

Description

BINANCE:RSRUSDT
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Now almost all alts charts looks the same! top, one and half year downtrend line and bottom around more or less -0.18 and -0.27 zone by fib!
Everything on chart is D1 Timeframe
Possible Targets
➡️We possible passed the bottom and now in accumulation phase
➡️ Red box is first resistance zone where we can reject and come back down around September.
➡️ Already broke with retest on D1 timeframe downtrend line. I think we will see more than 150 days in accumulation phase before real reversal move and new cycle.
➡️Minimal targets for next year is 0.5 level by FIB

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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

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Comments
gamepad
hiye, did you consider about the mainnet launch coming soon? that might affect the price
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