RSR Technical Analysis for August

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Avatar for Crypto4light
2 years ago
Topics: Crypto

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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Avatar for Crypto4light
2 years ago
Topics: Crypto

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