ROSEUSDT trade ideas
ROSEs Are Red.BINANCE:ROSEUSDT
I managed to get pre .30 Rose ATH in a discord chat. But I'm this time I'm looking to target on TV.
Daily we are looking very bullish . There's been an ascending trend line which has been majorly respected. Considering the market sentiment right now though I feel - we are destine to see a fairly reasonable retrace to the .33 level.
Daily bullish divergence is also in play - ill update as we progress
When looking at weekly macro structure - Weekly wicks and bodily closures helps gauge price direction. We are still bullish on Weekly structure however, breaking down past weekly support levels, I feel were going to be approaching
the Weekly RSP . (I will attach the charts below)
Lastly I will be breaking down micro structures to refine daily levels. Refinement will help to see how likely we are to achieve particular levels within these deep retracements off the ATH .
I do want to mention also that looking for dips can be dangerous if BTC keeps tumbling. Personally if looking for buys break positions and dollar cost avg in. I did call the current move on BTC . So for now I'm letting price action build more structure
before I carry on to analyse the chart further. hold on to your hats.
As always structure is king and TA is subjective my bias does change.
Last post got taken down fuming because it was called to the pip...
I got the chart so Ill attach it below
ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 support which has held the price up several times. The price has been able to break the R1 resistance but it does not look like a solid break. If it is completely broken, it can move up. If it is rejected, it will move down to S1 where you can buy. If S1 is also broken, it can move down to S2.
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
ROSE - trading the recovery rally HFTLooks like a rally is likely. Buying on any returns sub 0.31 is likely a good play, or on successful retest of 0.32 support
I will be closing 50% of the trade I opened at the first target (between 0.355-0.36)
Another 25% if we hit the second TP zone marked
As with related ideas on ROSE, I will update this thread as price develops - feel free to follow
ROSE has been trading nicely, despite the amazing pullback
I still have a position in ROSE I am holding long term, this thread is for HFT
🔥 ROSE Finding Support: Huge PotentialWith the Bitcoin dump kind of over, ROSE found strong support on the upward sloping trend line. This trend line has been holding since late July.
Every time ROSE has visited this trend line, it held, and eventually caused a huge move up. Assuming that BTC has bottomed, I wouldn't be surprised if we're going to see another strong bullish move in the coming weeks.
For reference, I've copied the November bar pattern and pasted it in yellow. Not saying that the coming weeks will follow this pattern, but it sheds some light on what me might expect.
Happy trading!
ROSE - Purple War Zone!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ROSE is overall bullish trading inside the brown rising broadening wedge and now approaching the lower trendline acting as non-horizontal support.
Moreover, the green area is a "Resistance turned into Support".
So the highlighted purple circle is a very strong area to look for buy setups as it is the intersection of support in green and the brown trendline.
As per my trading style:
I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom , trendline break , and so on...)
Unless ROSE breaks the green zone downward aggressively with many big bearish candles, then it will become resistance again and we will be looking for sell setups on its retest.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich