RSRUSDT trade ideas
RSRUSDT - Long by Supertrend, Pivot & ADX 8/9/20221. HIGH/LOW PIVOT:
- Pivot Left: 10 | Pivot Right: 10
Long trend identification:
- Higher High occurs after Higher Low.
2. ADX INDICATOR: 1h & 4h timeframe have a strong strength for open trade.
- ADX smoothing: 14.
- DI length: 14.
- ADX STRONG > 25.
3. SUPERTREND INDICATOR:
- Long trend when closes candle is above the green line.
4. OPEN POSITION RULE:
- BUY/LONG: reject to Supertrend at current timeframe.
RSRUSDT: Bullish TriangleRSR price had previously formed a strong upward momentum in wave A, after which a prolonged consolidation started.
At the moment the correction pattern in wave B (triangle) has gained clear boundaries.
Locally, the price has already crossed the boundaries of the pattern and formed wave 1 (within wave C), which has already been corrected by wave 2.
I have taken a long position, in anticipation of a bullish rally within wave C.
rsr waiting for buy signal 1lux algo printed a take profit for my short so i am now waiting for a buy signal to enter
volume is still present but keep an eye on it if it starts to drop . it is sunday after all so only quick scalp for me.
almost back above 200ema on the 15 min combine with lux algo buy will be my trigger.
cypher b also printed a green dot (buy signal ) above the 0 line.
RSRUSDT | HOLDING KEY ZONERSRUSDT after a bearish trend approached to a strong support zone. The price action is holding key zone. While an important resistance zone on higher side is ahead.
For bullish trend, bulls need to break the falling resistance. While break below will give control to bears.
Trade your levels accordingly.
RSR - Be scared for your shorts!Reasons to take long:
⭐️ BTC bullish
⭐️ Trendline is 36 days old
⭐️ Trendline is clean
⭐️ Pullbacks are getting smaller
⭐️ Slowly squeezing to the trendline
⭐️ Many touches
⭐️ Under VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
RSRUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for RSRUSDT
According to our previous analysis on July 5, we predicted a falling trend and now you observe that the price is on a decline. R2 is a resistance area and it contains the unsuccessful triumphs of the price to rise. R1 used to be a support area and also S1 and S2 are our support areas and both represent the support of the price at several points. At the moment, we see the price fluctuating in S1 area and we believe it will rise to R1, which is a pull back to this line, and then if it is able to fix itself and be supported, we predict more rise over this line. Or it is possible for the price to experience a decline when it reaches this line. So this is the point to have a short position for it.
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