The 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.
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.
Trade active:
So far so good. Need to challenge the previous high first.