Reserve Rights (RSRBTC) has been in a bullish trend since the year started, right after the late December 2020 low was hit.
We can see the three 3 wicks, 3 heads pattern, which is similar to the iH&S... When we see this pattern, we tend to end up with higher prices.
We have a bullish MACD and RSI and prices moving above all the EMAs and also the green volume rising.
There has been consolidation for long, but with the entire altcoins market now going bullish... It is only a matter of time before it is the Reserve Rights turn.
Hi Alan, thanks for sharing. Is this idea still valid?
Trusty777
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Love your work Alan, do you mind filling me in on how you place your Fib lines? Because it looks to me as if you're using 0.236 and 1.236 on the recent swing high and low and I am curious as to why? Any particular method I can research?