Looking at the hourly on RSR You can see the breakout of the large falling wedge. It came back down and retested the upper resistance line as support and bounced. Went sideways following the lower trendline. It fell below the 50EMA and is struggling to stay above it although its still riding the lower trendline. Needs to reclaim the 50EMA. Opinion right now...
Still happy with the price action the past few days. Looking for it to claim .002130 area and close above the 50EMA.. Is It Time for RSR????
RS/USDT pair The bounce we got yesterday is encouraging for bulls. The daily candle wicked and kissed the 50 day ema and rejected. Price came back down and is currently retesting .002 I want to see that area hold and the 50 ema being crossed. That would put us in more bullish territory moving forward.
Looking at the daily chart . EW 5 count followed by ABC correction that ended with a hidden bullish divergence on the OBV indicator. RSR may have found its bottom ..