I took my time drawing this chart for you showing all the different stages of the market cycle.
We are looking at Reserve Rights (RSRUSDT) on the weekly timeframe.
Full chart
» A bear market ends with an ending diagonal pattern and final bottom.
» The reversal forms as a classic cup and handle pattern.
» The market transitions from bearish to bullish and turns green.
» Price action changes from lower highs and lower lows to higher highs and higher lows.
» RSR creates a rising channel.
» We are witnessing the start of the next advance.
» Reserve Rights is ready for a higher high and the highest prices in four years, since 2021.
Current price action
» RSRUSDT is on its fourth consecutive green week.
» In early 2024, it produced 7 consecutive weeks closing green as a minor advance.
» The correction that followed was brutal but ended as a higher low in August 2024 than a new advance, this time a total of 17 weeks rising but not all green.
» We are set to experience the last and strongest bullish wave for this RSRUSDT bullish cycle.
» It should be many times stronger compared to last two.
2025 New all-time high
» The final target for this wave can be many times higher than what is shown on the chart.
» On the chart I am showing only a very conservative target.
» I expect higher prices.
» Looks like a good pair based on TA.
Thank you for reading.
Namaste.
We are looking at Reserve Rights (RSRUSDT) on the weekly timeframe.
Full chart
» A bear market ends with an ending diagonal pattern and final bottom.
» The reversal forms as a classic cup and handle pattern.
» The market transitions from bearish to bullish and turns green.
» Price action changes from lower highs and lower lows to higher highs and higher lows.
» RSR creates a rising channel.
» We are witnessing the start of the next advance.
» Reserve Rights is ready for a higher high and the highest prices in four years, since 2021.
Current price action
» RSRUSDT is on its fourth consecutive green week.
» In early 2024, it produced 7 consecutive weeks closing green as a minor advance.
» The correction that followed was brutal but ended as a higher low in August 2024 than a new advance, this time a total of 17 weeks rising but not all green.
» We are set to experience the last and strongest bullish wave for this RSRUSDT bullish cycle.
» It should be many times stronger compared to last two.
2025 New all-time high
» The final target for this wave can be many times higher than what is shown on the chart.
» On the chart I am showing only a very conservative target.
» I expect higher prices.
» Looks like a good pair based on TA.
Thank you for reading.
Namaste.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
🚨 FREE Quality Content
🏆🏆🏆 New (July 2025) Results
t.me/masteranandatrades/6451
🚨 Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.