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Although the weekly shows strength in the 82 period bollinger band. However I've noticed large wicks appearing in the chart, nearly doubling the price. CCI is transitioning upward seemingly, and price is about to enter the weekly bollinger. which would trigger a mean reversion condition. It's my expectation that accumulation has been occurring in this small cap. Additionally, on the daily timeframe there is compression on all wave-pm periods larger than 14. With the short 14 period high, but eventually going to compress as well. This signals a large move on the horizon. On the monthly chart there is a cci roll up signal, indicating a flip in trend pending. Reliably the last time cci rolled a signal into trend it worked.

The chart is peeling up on the macro and showing that parabolic shape we all expect. You can expect a pump following Bitcoin's pending melt up. The weekly timeframe shows confluence of bollinger bands indicating a support at the 1.25standard dev 225period bollinger band. Wave PM is showing compression It is the same story on the daily time frame On the lower timeframes there is an active mean reversion occurring. I expect price to reach 0.24380 as a good place to buy in anticipation of the bullrun's most profitable months.

Reserve currency is my favorite altcoin, doesn't get pushed much but there is a litany of fundmentals that make it a solid choice. As far as technicals go, we may have passed that last best spot to purchase RSR. hitting the weekly midline here in the channel. It wouldn't be a bad time to buy now though. RSR has been compressing for nearly a year now. Compression causes price to consolidate, the order book gets denser until volatility moves price past areas where there's no orderflow. RSR's price action has been correlating strongly with Bitcoin's movements. If we're at the cusp of Bitcoin's meltup, I'd say so is RSR.

As long as price respects the 1.25 standard dev of the 80 period bollinger band, which is currently the longest over expanded period But there is a weekly channel, so it could be the case we're going sideways. Maybe bitcoin goes sideways and slowly peels up, that's what'd expect. Otherwise, very possible we'll have to wait a bit for Bitcoin's legendary melt up.