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Long-term

ROSEs are red...ROSE is currently testing its 100-day EMA and ~0.455 level. It has also been trading within an ascending channel since December 2021 where it gained ~192%. Naturally, since its ATH it has faced a pullback to its 50% fib level. ROSE must now decide whether to fall further toward the 38.2 level, which is a common occurrence when BTC is weak, or it can gain momentum and re-test its higher fibs and ultimately its ATH. ROSE has a good risk: reward ratio. If BTC avoids a further fall below the 40k level, ROSE can move up. It is important to wait for confirmation of the trend before entering a trade. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
Long
by kush23456
2
Dude, where's my CARDANO?ADA has been making lower highs since September 2021 which has resulted in a descending channel. The fall was catalysed by the regulatory concerns which resulted in eToro delisting the former top 3 coin. Of course, news and fear strongly affect this infant market, thus the coin fell from its ATH by ~65% (to its recent low). To initiate a trade the supports and resistances are marked on the chart. At one point we wondered whether we would see ADA at $1 and we did. Will we see it again? There is very strong support just above the $1 level which would be a fantastic place to catch a bounce. Alternatively, we can catch a bounce at either of the other support levels. Trade carefully and with a good strategy! Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
by kush23456
FANTOM of the OperaFTM has performed very well since 21st Dec, gaining 155% to date. It is eye-opening when you realise how large the width of these channels are and the benefits of holding a coin for the long-term; especially those with good fundamentals. We can see FTM has long-term support (bottom black line), it is trading above all EMA’s and is currently using the 20-day EMA as support. FTM has attempted to breakout from its daily resistance at ~3.33 and faced pullback which may partly be due to the weakness in BTC. It is currently holding short-term support where it has previously seen long candle wicks. If it hits the short-term support at ~2.56 this could be a good area to look for buy setups for a re-test of ~3.33 resistance (29.15% gain). Alternatively, FTM could push toward the resistance from this point without further pullback and if that happens, there is a good chance that it flips the ~3.33 level to support. Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :) Please feel free to leave your comments and thoughts below!
FLong
by kush23456
Possible Head and shoulders *LONG* Keep an I on the possibility of this being an outcome for Chainlink. Even though it has been on a pure uptrend testing it's highs and lows and pushing forward. There is always another side to every success story. No matter what I believe, Chainlink will push through eventually. Keep an eye on resistance levels through the week. $27 specifically, if we find it causing resistance it is possible we can end back up we we are currently sitting at $22 - $22. 40 . Which in turn if this forms the infamous H&S , this may in turn push us further down to the $19- $17 range. Just hypothetical but possible. Good luck and Happy Tuesday!!
BINANCEUS:LINKUSDLong
by Brother-Doug