RSR Perpertual Scalp Long 30 min

RSR Day Trade Idea-



Take Profit 1- 0.13478
Take profit 2- 0.13588
Take profit 3- 0.13708
Take Profit 4- 0.138846
Take profit 5- 0.14000
Take profit 6 0.14287
Take profit 7- 0.14464

Stop Loss- 0.12643

Comment:

Stop Loss yet to be hit, I expected some down trend, but perhaps i should have taken the trade closer to support for maximum profits. 5 hours later this day trade has definitely turned into a swing trade

Comment:

Rsr rejected 3 times on the 15 minute chart at the 10 day ema, does not portend to good for this trade with bitcoin dropping. A test of support now is inevitable.

Comment:

RSR is super overextended at this moment, A run up is inevitable

Comment:

On our 30 min chart the 200 day ema held as support at 8:30 EST 9pm EST
11:30 Est and Midnight.

Comment:

My entry was 0.13230, so this trade is currently along with Luna in a slightly losing position, I will take most of my profit between take profit 1 2 and 3, if the trade idea was correct

Comment:

Ogn is prepping to hit some tp targets

Comment:

Take Profit 1 - Hit

Comment:

Take Profit 2 Hit

Comment:

Take Profit 3 Hit

Comment:

Take Profit 4 Hit

Comment:

We have broken 0.14 at this point we could close this trade. 5/7 of the position has been closed , however we are staying in this trade.

Here is the technical analysis:
snipboard.io/lbEpfV.jpg

Comment:

Take Profit 5 hit

Comment:

Although we have taken the majority of our profit, for those still in the trade, we have an update.

snipboard.io/vnRbig.jpg

Comment:

48 hours later thats our maximum trade time for anything other than bitcoin so we will be happy hear with 5 take profits

Trade closed: target reached