$RSR Hello, let's update the 1D #RSR chart. In my previous post, I mentioned a "cup and handle" pattern that had formed. The handle of this cup was missing.
Anyway, we have in the chart below the formation of the handle, which sought a correction to the bottom of the cup at 0.007150, after a climber appreciation reaching over 31% appreciation.
The thicker yellow line is the main resistance line; breaking this line will indicate a continuation of the uptrend.
If you didn't ride this wave, what will the next steps be?
We have very strong data regarding interest rate cuts based on data from brokers and economists:
There is about a 90% probability of an interest rate cut at the September 2025 meeting, as indicated by tools like CME FedWatch and market reports following the resignation of a Fed director. Some analysts, such as JPMorgan, foresee a cut in September, followed by up to four additional cuts by the end of 2025, depending on economic conditions.
Based on this information, yes, nothing is 100%
entry at 0.009026 or 0.01 on SPOT, the question is to profit from the FED rate cuts. In other words, I'm not very worried about a larger correction; if it occurs, it's interesting to accumulate.
So my dear ones, I see that this will be the best opportunity of the year to make good profits.
Note: my analyses are not an investment indication; they are only for study and information.
Good business to everyone and good luck.
#BOB #yala $BTC #bananas31 #USDC