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RSR / TetherUS

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RSRUSDT trade ideas

RSRUSDT wants the demand zone?The price is testing the descending channel after a nice bull run above the weekly level at 0.0079$ area. Now the price is inside a descending channel above the liquidity zone. How to approach it? IF the price is going to lose the support and retest it as new resistance we could see a bearish impulse until the demand zone on 0.0055 area, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
13
RSR 4H Will it Pamp again?+ RSR found its support. + Has a huge RSI divergence 4H. + You can put SL under the support level - in case BTC will make a break down. The price of BTC seems stable 19 000 - 19 200 is a good support level. Sellers wont sell anymore, but the volumes are getting lower. Get ready as it can bounce too. What Im gonna do now? Would wait for some confirmations and buyers interest on BTC and for RSR I would place some limit orders. If there is action would go for a market buy. GL
Long
by KeylessCrypto
8
RSRUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for RSRUSDT Here we have R1 as a resistance area that expresses the unsuccessful attempts of the price to rise. And S1 and S2 are the support line in which the support of price at different points is clear. Therefore, we have the price fluctuating over S1 and we believe it will fall to this line. There, we must receive some confirmation candles to rise and we predict an increase for the price up to R1 or even higher amounts. It is not so probable that the price falls below S1 and have more decline. The future reveals everything. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
2
$RSR - back to support?We saw the pre main-net pump, now it's hitting resistance and has failed to break through for the 3rd time. We saw higher volume on previous tries to break through the red resistance line and this time volume is lower (people losing interest?). At the end of the day it looks like a great set-up for buy support sell resistance. Would keep an eye out on the yellow line (0.0088) if we don't bounce off of that we head all the way back down to 0.005ish area otherwise it's fireworks. Bullish on RSR long-term so if it plays out as above consider it a great buying opportunity
by Crypt0Titan
5
RSR Update - We nailed the trade, now what?RSR - Reserve Rights: This is a long idea that I will take IF and only if we get the criteria I have set out on the chart in the box. For me to take a position I need to find as many reasons as I possibly can - to keep the chart simple and clear I have left some lines/indicators off otherwise it looks like you're just trying too hard lol. My points for me are on the chart in a square box, those are the rules I want to be followed for my long trigger. It's simple, if I don't get them I don't take the trade. I know we are all eager to trade and make back whatever was lost in the bear market, but patience in these times is SO crucial to preserve capital for the bullrun. Anyways, thoughts are on the chart. There is also a downward trendline I noticed that is not on this chart (taken from previous peaks) which can add a LITTLE more confluence, but I don't really like diagonals so I left it off the chart. My previous trade on this was a short, and we came right down to where I wanted to see it, the trick is to look at a chart for a while to formulate new analysis. It is not enough to do TA and leave it be for days on end, PA gives us more data to work with and therefore more information to solidify or weaken our thesis. Now that this idea is updated, I will not change my opinion of it until price action tells me something new. Stay frosty, hope you find this helpful. Cheers V
Long
by cryptovatsik
2