ROSE / TetherUSUpdated ROSE : SUPPORT,RESISTANCE & TARGET
Rose isn't able to break out resistance and ichimoku cloud is crossing down
it's more likely to move down to the cloud and reach the main ascending support line
This is the area to watch out, if it isn't break down then it would be a good entry point. (Scenario 2)
\
But currently it's been super bullish, if overall market is good then there's possibility that it break up
this rising wedge to the target above as well. Entry point is after break up is confirmed
.Trade safe and fun,
Always place the stop loss :P
.
it's more likely to move down to the cloud and reach the main ascending support line
This is the area to watch out, if it isn't break down then it would be a good entry point. (Scenario 2)
\
But currently it's been super bullish, if overall market is good then there's possibility that it break up
this rising wedge to the target above as well. Entry point is after break up is confirmed
.Trade safe and fun,
Always place the stop loss :P
.
Note
I'd like to add scenario 3 after analyzed S&P500 as below
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.