ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. As you can see the price has been able to break its resistance line to the upside and this line has turned into a support line. After fluctuating above it, the price has made a come back to the line which can be considered as a pullback. The price can be supported here and move toward our target. We can also see an inverse head-and-shoulder pattern in the picture which can lead to the price increase. But if it goes below our support line and stabilize there, we will have more falling which is less likely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
Rose
I (still) ❤️ ROSE - post crash trading planROSE has seen a strong pullback with the rest of the market, but unlike many alts the overall marco bullish trend remains intact (for now), this trend is indicated by the heavy teal line on the chart. The trend was threatened yesterday but structurally we can see that it is likely the long term traders rather than trend traders who have been stepping in and using marco indicators to buy ROSE at a discount, as we see ROSE tapped a weekly doji open and saw a strong rebound from this level.
This rebound for me is a definite sign of health, though we a not out of the woods yet. For now I will be watching to see if ROSE can consolidate above the macro trend, revisit the new declining trend before finding further support to the low side for another move up. RSI is showing a nice historical rejection level, though it is not unlikely that we see a double bottom on the RSI before price reversal. Note also that daily MACD is now printing a nice hidden bullish divergence
On the downside, if the macro trend breaks I have marked out a zone of interest for me, which is confluent with a monthly doji, and so a monthly resistance area, and a weekly doji open again indicating a high value area, around 0.17. We also have the 0.19 resistance level above this which might also be a good point of rejection, so that makes this zone between 0.17-0.19 a key area for me to watch.
A word on BTC: Obviously BTC will dictate much of the market direction, but I am optimistic about BTC too, as much of the open interest has been flushed out of the market and data suggests that a huge accumulation has been taking place from small hands to big, it too can still revisit the low 40s but I am liking its current rejection above the 47k. As I said in my previous posts about BTC, a big wick into the 40s was not out of the question, we just have to be responsive to price action from here, make plans for all possible market directions and follow them. This move was a lot more aggressive than I anticipated but Market makers have flushed a lot of leveraged traders out of the market and this is not a bad thing for the market - I noted in my previous BTC trading plan I would be buying wicks into this zone and have been. I am still confident in the overall market direction, though there will likely be an opportunity to revisit the lows for both BTC and ROSE, so there is a need to be super diligent with risk management as there is still selling pressure and we should be following the LTF for confirmation of a shift back into a phase of bullish momentum.
I'm holding for now, and accumulating at zones of interest and will open larger swing trades when a market reversal seems apparent
🆓Oasis Network (ROSE) Dec-13 #ROSE $ROSE
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.26$ zone
🔴Buy : 0.28 - 0.26
🔴Sell : 0.36 - 0.44
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.26$ zone
🔵Sell : 0.26
🔵Buy : 0.22 - 0.18
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
ROSE USDT entry point @ 3 days from Dec12thThis pair is trading in a descending triangle, but expect it to break this trend around Dec 15.
RSI is moving in the overbought zone.
Possible ENTRY Point at 0.22893
Conservative EXIT point at 0.3575 —> @ 52% profit
Optimistic EXIT point at 0.4100 —> @ 78% profit
Placing a Take Profit in the first exit point is always a good strategy. 20-50% of the position, depending on your capacity of handling risks.
Oasis Network (ROSE) technical analysisWill the previous bullish setup repeat?
ROSE has broken the long downtrend line. Also, we can see an increase in buy volume. The possibility of ROSE jumping or climbing up fast is low, but not zero. However, it is more probable that something similar to the previous movement would happen.
ROSE - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ROSE is overall bullish trading inside the blue channel. Since it is currently sitting around the lower blue trendline, we will be looking for buy setups on lower timeframes.
on H4: ROSE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, ROSE would be overall bearish from a short-term perspective and can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
🔥 ROSE Inverse Head & ShouldersAfter hitting the $0.45 area around three weeks ago, ROSE has seen a very strong bearish correction, climaxing last weekend.
However, the last dip towards $0.2 caused a very strong bullish reversal. During this reversal, an inverse head & shoulders pattern has appeared on the chart. Inverse head & shoulders patterns are classically bullish patterns.
Targets placed at recent lows and highs.
Happy trading!
ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is moving towards its support line and is in a good range to buy, but take capital management seriously.
If supported, it can move towards its first resistance line, but if it drops and stabilizes below the first support line, it can move towards its second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 ROSE Reversal AreaSince earlier this summer, ROSE has been trading in this ascending wedge pattern. In my last ROSE analysis, ROSE was trading at the top of the pattern, which ended up in a bearish move.
During the dump, ROSE failed to break through the support of the wedge, which could indicate a reversal in the short term. I'm waiting for a strong green candle to mark the bottom, ideally a BTC above 50k as well. Be aware that a bearish break out could lead to term bear trend for ROSE.
Target would be the top resistance of the wedge.
Happy trading!
I am stocking up on ROSEUSDT, here's why.We have identified a strong ABCD pattern on BINANCE:ROSEUSDT , indicating a bullish trend in the short-term. However, I wouldn't rely on this pattern alone.
The stochastic RSI suggests that we are currently oversold, which checks out because we are indeed testing the support line in the middle of our current uptrend.
Additionally, the MACD tells us that bullish momentum is still standing strong. This in combination with the stochastic RSI being oversold tells me that we might see a run to the upside very soon, which would confirm the ABCD pattern.
What are your thoughts?
ROSE - Possible Falling wedge bullish breakout, level to watchFor those watching ROSE, look for a bounce at 0.27 (previously marked area of interest, and 0.68 fib retrace) for a possible continuation to the upside with a break of this falling wedge formation. May be the opportunity to reload before it attempts another move up
Break to the low side will see a move toward 0.21-0.22 trend support
Detail about ROSES levels and movements in related idea
OASIS ROSE - Trendline support with next price target of $0.57ROSE fell down -41% after being rejected at the low $0.40s, while the crypto and stock market suffered FUD from Omicron. The drop however is far from the -62% it had in it's previous large correction. This may indicate a more macro bullish trend for ROSE as it looks to go $1.00 and beyond.
ROSE is sitting on the cusp of its support along an upward trendline with multiple touchpoints. If the trendline holds, we should be looking at a retest of resistance coming in at $0.36 and $0.42. But as it stands, ROSE is under immense selling pressure, so more downside is still possible.
The $0.42 level appears quite hefty, and I suspect there are a lot of big bag hodlers dumping here. 43% of ROSE's supply originally went to Backers and Contributors, so I suspect that is part of what is keeping ROSE from having a faster move up. Their coins are worth a lot of money.
If ROSE is able to get through $0.42, my next price target would be about $0.57. The last two runs up were almost precisely the same measured move, so it's very possible it may repeat this again.
BTCUSDT Possible Inverted Head and Shoulders LONGCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
ROSE Falling Wedge Long Opportunity Charts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
ROSE Price Correction - Bearish Trend Ending SoonCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
$ROSE Midterm PlanOne of the most undervalued layer 1 project at the moment. After it's partnership with Meta (Former Facebook) Rose token had it's surge to new all time high's. With the recent Bitcoin dump it retested the previous resistance (blue box) and my bid orders got filled. Targets and support's are provided on chart.
Happy trading
ROSE is trying to take offROSE has had a good few days, I managed to catch profit on a few of its pushes up. its now trying to build from higher support for a big move. If you're comfortable scalping there might be opportunity to find an entry here and see what can be gained. Would not be surprised but a sharp drop back to support before an impulse up. If it can get above intraday high, there is the rising wedge trend line then, ATH is the target. Feels like ROSE wants to find its way to go parabolic in the coming days or week
Looking for it to hold that 0.27 support and build from there. It has never succeeded in holding this level previously, but has just found support there in the past 24hrs
ROSE bullish pumpIf ROSEUSDT could take the double resis we could see really bullish patterns and maybe before end of the year 1$ break. Recommend to buy now before real pumps will start.
➡️ LONG ROSEUSDT
🟩 Entry : 0.37-0.375-0.40
☑️ Target 1: 0.379
☑️ Target 2: 0.382
☑️ Target 3: 0.39
☑️ Target 4: 0.40
☑️ Target 5: 0.45
☑️ Target 6: 0.466
⛔ Stoploss: 0.326
💫 Leverage : x10 - 50x
⏰Time : MIDTERM