RSRUSDT trade ideas
RSR: Slowly grinding towards resistance.One of my personal favorite behaviours of the price.
I longed this one, gonna keep an eye on that trend line in case we lose it.
If we break 0.045 it’s full send to 0.06.
Supports:
Trend line. If we lose that, anything between 0.036 and 0.032 is a potential support level.
Resistances: 0.04 to 0.045. Next one is between 0.06 and 0.063.
$RSR soon run very hard. Chart says it all , RSR has been lagging behind which was boring investors but i believe in the incoming weeks RSR will run very hard. There will be FOMO around it and news like coinbase listing and mainnet release and staking will have coin literally shoot up.
Plenty of the inpatients selling to the patience this will play out well.
Few facts below.
~Coinbase listing and mainnet and staking are all confirmed sources.
~Token metrics long term confirmed RSR is in fact BULLISH.
~Chart RSI long term monthly bottomed , looking for upside.
~Volume been low , usually means a big violent move is coming.
🦂 RSR broke daily resistance and is claiming new levelsThe price broke out of daily dynamic resistance (white line) and is now trying to claim the key level (0.385) and 200EMA. If the price shows us strength above this level, we should soon see a push towards the marked levels.
Entry: buy --current price--(greedy and risky) -- or safer buy at first local pullback as long as the price is above key level -- or buy retest of the dynamic support if the price is rejected from the key level (around 0.3340, observe technicals)
TP1: 0.04654
TP2: 0.04996
TP3: 0.06068
TP4: 0.06611
TP5: 0.07758-0.07933
TP6: 0.10579
TP7: 0.11920 (~200%)