Alikze »» Rose | Ascending corner pattern
🔍 Technical analysis: Ascending corner pattern
- In the daily time frame, in an ascending channel, according to the predicted path, it has grown up to 1.618 fibo of the previous wave, a range of 0.17.
- In the last analysis presented in the 4H time frame in an ascending channel, after breaking the channel and exiting it and breaking the zone, it experienced a correction.
- In the daily time frame, it has had a complete upward cycle, and wave 3 has grown as much as 1.618 of the previous wave.
- At the moment, correction is done as much as 0.23 fibo of the whole structure.
- A corner pattern has been formed which can grow up to the supply area by breaking the 0.072 area.
🛑 The most important resistance: ~ 0.072
💎NOTE: In addition, if the 0.23 area breaks and stabilizes below it, the bullish scenario will be invalidated.
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ROSEUSDT
- In the daily time frame, in an ascending channel, according to the predicted path, it has grown up to 1.618 fibo of the previous wave, a range of 0.17.
- In the last analysis presented in the 4H time frame in an ascending channel, after breaking the channel and exiting it and breaking the zone, it experienced a correction.
- In the daily time frame, it has had a complete upward cycle, and wave 3 has grown as much as 1.618 of the previous wave.
- At the moment, correction is done as much as 0.23 fibo of the whole structure.
- A corner pattern has been formed which can grow up to the supply area by breaking the 0.072 area.
🛑 The most important resistance: ~ 0.072
💎NOTE: In addition, if the 0.23 area breaks and stabilizes below it, the bullish scenario will be invalidated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
ROSEUSDT Note
According to the predicted movement path, after a short correction, it has touched the first target with more than 28% growth.
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