RSR/USDT Break out the falling wedge. Bullish Momentum ??

23 Kas 2023

💎 RSR has made a notable impact in the market, currently breaking out of a falling wedge pattern. It's now entering a retesting phase at the trendline of this pattern, a critical juncture for its next move.

💎 If RSR successfully completes this retest, probability we expect it to continue its upward trajectory, targeting a significant resistance area.

💎 However, should RSR fail to confirm its breakout during the retest at the resistance trendline, it might signal a false breakout. In such a case, RSR could retreat back to the demand zone.

💎 A key point of observation will be if RSR struggles to rebound in the demand area and only manages to consolidate. This could lead to a loss of support or a breakdown. Under these circumstances, RSR might transition into a bearish phase, potentially moving downwards towards a stronger support area.

10 Ara 2023

İşlem kapandı: hedefe ulaştı

Just as predicted, #RSR's up a smooth 33.92%!