RSR seems to be forming a falling wedge and according with Fib retracement we're on a potential reversal level, however we're also close to a resistance around 0.04USDT (not shown here not to mess up the chart) and we're currently below ichimoky cloud and EMA 200. Basically we need a volume to increase to push price over such resistance zone.
RSR could go another 2 bounces inside the wedge before breaking upward, should this be the case I expect price to orbitate a little bit below 0.618 but not to touch 0.786. If buy volume spikes I think we can break at the next touch of the wedge's upper resistance.
If you wanna enter do it now and set a stop loss at 0.033USDT from current price (0.037 at the time I'm writing). You can also use a lower SL if you want, I think this is due to another pump which, eventually will take it over 0.1USDT.
Overall it's a good buy, even to hold for mid and long term.
Good luck
RSR could go another 2 bounces inside the wedge before breaking upward, should this be the case I expect price to orbitate a little bit below 0.618 but not to touch 0.786. If buy volume spikes I think we can break at the next touch of the wedge's upper resistance.
If you wanna enter do it now and set a stop loss at 0.033USDT from current price (0.037 at the time I'm writing). You can also use a lower SL if you want, I think this is due to another pump which, eventually will take it over 0.1USDT.
Overall it's a good buy, even to hold for mid and long term.
Good luck
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.