RSR Technical Analysis for August
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Now almost all alts charts looks the same! top, one and half year downtrend line and bottom around more or less -0.18 and -0.27 zone by fib!
Everything on chart is D1 Timeframe
Possible Targets
➡️We possible passed the bottom and now in accumulation phase
➡️ Red box is first resistance zone where we can reject and come back down around September.
➡️ Already broke with retest on D1 timeframe downtrend line. I think we will see more than 150 days in accumulation phase before real reversal move and new cycle.
➡️Minimal targets for next year is 0.5 level by FIB
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