H + S pattern sends rsr to the .382
I would expect rsr to find support there
of course it does not have to go alll the way there but the market will dictate
we shall see
looking for a new ATH after that
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Price has tested the lower trendline thrice and the upper trendline twice.
Price is currently in an uptrend towards the upper trendline.
An upward breakout from will take price back to ATH.
What do you think?
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1. RSR under nice consolidation and has enough indicators indicating a hidden bullish divergences
2. RSR forming nice bullish triangle, once broken, pump will be massive
3. RSR has a mainnet launch event coming by end of...
Both Coinbase Ventures Portfolio
and DCG Portfolio
The crazy part? no yet listed on Coinbase! has a lot of room to grow and shine in this altseason.
My humble targets:
TP : $0.15 (20%)
TP2: $0.20 (10%)
TP3: $0.25 (40%)
TP4: $0.45 (10%)
TP5: $0.65 (10%)
My crazy target that I will leave 10% on it: new digit of one dollar 1$ ...
#Trade ID ; 022
Right Now #RSRUSDT Breakout And Preparing For 2nd Breakout After This Ready For New All Time High
Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
RSRUSD pair hit a major trendline support on 4 hr timeframe and strong volume cluster suggest that the bottom is created at the trendline.
Macd Crossed bullish As well.
These all indicators suggest we will see some follow through of volume and the next major stop would be around 15 cents which is the target
of broadening channel top.
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(RSRUSD 1W chart)
We have to see if we can go up along the uptrend line.
If it falls from the 0.05926847 point, a Stop Loss is required to preserve the profit and...
Recently we have incurred a nice pullback to hold .5 fib support and now looking to expand toward ATH once again in the not too distant future. Short term targets given, entry is around this current level.
I might be able to give analysis for an occasional chart request if interested, tell me below.