Updated

Bullish Gartley in the making for RSRUSDT ?

Harmonic pattern idea for RSRUSDT

If price reaches lvl A pattern will no longer be valid.

I've added possible trading idea for short and long in the chart.
Target for short is at 1.272 A-B at pattern completion.
Targets for long are at .786 A-D and 1.618 A-D

Note

RSR retested previous ATH of feb 13 at $0.078 which is also the .618 retracement lvl measured from the last impulse up.

Note

Price has reached the 0.618. From here we could see a possible reversal down to the PCZ between 1.27-1.618

Note

Note

RSRUSDT made a good rally after reaching the PCZ. The 4H shows bullish divergence on the macd. Looking good, we should see more upside coming soon.

Note

RSR got a strong rejection off the 0.5 lvl, I wouldn't be surprised it it drops back to the PCZ. Hopefully we see nice bounce from there. Keep an eye on that area.

Trade closed: target reached

rasnek

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.

rasnek