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ROSE / TetherUS PERPETUAL CONTRACT

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ROSEUSDT.P trade ideas

ROSE : SUPPORT,RESISTANCE & TARGETRose 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 .
by GloomyBoar
2
I ❤️ ROSE - Trading towards price discoveryContinuing my recent focus on ROSE, outlined in the chart is the structure I hope ROSE will hold, which will produce a very bullish bias towards price discovery in the coming weeks. I want to see ROSE retesting that 0.36-0.32 range before breaking upwards. I do not want to see rose trading on the daily below that 0.30-0.27 range, and waiting ergerly for it to break back above the 0.4 minor resistance and test the major purple trend which it has now attempted to break on two significant impulses up - I suspect if it holds this structure the next impulse will be the one which breaks it. For those who have been following my trading plans with ROSE, this means I will be holding throughout this structure If BTC runs down to 40k and below in a deep wick and ROSE follows I will be watching for the bounce from 0.23 zone (down to 0.2) As usual, I will be updating this trade as it progresses updating profit targets and reversals, you can follow the thread for updates
Long
by jamoooo
6
🔥 ROSE Closing In On Major Reversal AreaA while ago I made an analysis where I discussed the ascending wedge pattern of ROSE. In that analysis I wrote that I was expecting ROSE to fall, potentially towards the bottom support of the chart pattern. Since we've seen some massive bearish pressure over the last couple of days, we're actually quite close to the wedge's support area, see the yellow area. There might be more bearish pressure in the short-term, but I'm expecting ROSE to encounter some serious buying pressure in the yellow area. Keep an eye out for a potential reversal. Happy trading!
by FieryTrading
3
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
ROSE - My Trading Plan in a picture!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: left ROSE is overall bullish trading above the blue trendline and now retesting its All-Time-High so we will be looking for trend-following buy setups. on M30: right ROSE is forming a channel in red, so we are waiting for a new swing high to form around the upper trendline 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 can still trade lower till the blue trendline before going up. In this case, we will be looking for new buy setups to form. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
18