ROSEUSDT trade ideas
ROSE/USDT ROSE bounce off from the lower band of the Bollinger Band and currently moving sideways for last 12 days while RSI stays close at the oversold territory. This makes me thinks that this will go up to 0.618 of the Fib around $0.225 level in the coming weeks or months. But before that it might touch first the $0.03 level as the over all market is still bearish. Fear & Greed Index also as of May 24 showing 12 which is Extreme Fear.
Disclaimer:
1. My analysis is only based on my opinion and not a financial advise.
2. I am holding ROSE as part of my portfolio.
TS ❕ ROSEUSD: bounced offROSE is moving in the area of the support level. I expect an upward rebound.
BUY scenario: long to 0.087.
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Thanks for the likes and comments.
🔥 ROSE Bearish Price Action: More Pain AheadAround two weeks ago I made an analysis on ROSE where I discussed the bearish break out from the ascending wedge pattern. I argued that there was more downside ahead and indicated an area of support where I expected either a consolidation or a bullish reversal.
As of yesterday, we've achieved both profit targets. Congratulations if you took the trade.
For now, I think we can expect some sideways price action for a couple of days. At least until Wednesday, since we have the FOMC interest rate decision then.
However, longer-term I'm still bearish. I think that ROSE can easily fall another 50% or so if BTC continues it's path towards $30k.
ROSE SOON 80%???Rose reacted very goo from demand zone that caused break of 2 strucutres few days ago.
No its time for it to get retested and then make new high and reach 0.37 area.
It can go even higher and reach higher points but for this area its safe tp.
SL below 0.181
Entry 0.1987-0.2098
If you enter use max leverage 5x
This is not financial advice, Im just sharing my opinion!!!
ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ROSEUSDT
The price could be supported when it touched the support line. At the moment, it is moving its way and if it leaves this support area and fixes above it, there will be a rise toward the resistance line. But if it loses the support and fixes below this area, it will have a decline to the next support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck