Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🌹Instead of spending tens of bucks on a few roses this Valentine’s Day, get her hundreds of ROSE tokens—she'll thank you later!
📈ROSE has been overall bearish trading within the falling blue channel and it is currently approaching the lower bound of the channel.
Moreover, the $0.03 - $0.05 zone is a strong support.
🏹 Thus, the highlighted blue arrow zone is a strong area to look for buy setups as it is the intersection of support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style: As #ROSE approaches the intersection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Rich
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.
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.