Panjang
RSR levels to watch
This is one of those altcoins that bounced nicely following bitcoin's flash-crash.
It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500.
To confirm a bullish case, RSR would need to reclaim 4320.
If it starts closing above this level on the daily, pay attention.
Ideally I would want to see it break through and retest it, but these set-ups don't always give that opportunity.
Additionally, the 3500 level needs to hold. A clean break below would signal a retrace to 2500.
Obviously, much depends on bitcoin price action, so be careful.
It tapped the demand zone at 2500 and shot through a prior consolidation level, capped at 3500.
To confirm a bullish case, RSR would need to reclaim 4320.
If it starts closing above this level on the daily, pay attention.
Ideally I would want to see it break through and retest it, but these set-ups don't always give that opportunity.
Additionally, the 3500 level needs to hold. A clean break below would signal a retrace to 2500.
Obviously, much depends on bitcoin price action, so be careful.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.