$RSR Hello family, let's do a 1H graphic analysis. #RSR Many people must be wondering what is happening with the RSR. According to some experts, prices in all markets dropped before Christmas. After a good rally, we are probably doing the same here.
At this moment, the price is working in the blue band, indicating an ascending channel. At the moment, I don't see any possibility or sense in the price working in the red band, indicating a trend reversal.
Both the 1H and 4H RSI are already undersold, and the 1D RSI is consolidated. In other words, I don't see much room for a bigger correction, so this is a good time to position yourself and wait for a big rise again.
A good target for anyone who enters now will be 0.018.
Note: my analysis is not an investment indicator, just for study and observation.
Good business to all and good luck.