ASX1X

New Wave Analysis RSR Long & Targets

Long
BINANCE:RSRUSDT   RSR / TetherUS
Indicators : Guppy 10 x EMA n range 1 - 60
Indicators : Price Volume Trend

RSR moved with ease through the EMAS in lower time frames.

Instead of looking for a target in low time frames we switch to a higher time frame.

The higher time frame looks to be at the start of its progression through the EMA's so we begin to look for targets in the EMA's themselves and also through the indicators in the same or higher time frames.

Here I am being sure to switch the charts between Logarithmic and nominal as things have the potential to jump in factors of 10.

Personally, the chart is what is driving the strength of RSR.

PVT touched the edge of this channel in the last accumulation period and it is now forming the end of its support.

Without a strategy some will sell here and never touch RSR again, I wish you patience.

Win, share, educate.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.