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.
ROSEUSDT trade ideas
ROSEUSDT - bullish and strength to go 60%++ in few daysRoseUSDT is looking strong, and the trendline breakout and retest is completed. RoseUSDT is looking good at these levels for good bounce upwards for 60%++. I will be posting more charts on ROSEUSDT soon.
Gann analysis on BTCUSDT and other top coins shows 14th Dec onwards as good rally and trend change for upward movement. People want good Christmas .. perhaps. Let's look at these levels.
Other top coins:
MDT, PRY, FIO, MATIC, NKN, SKL and more.
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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.
ROSEUSDTWhile Roseusdt is experimenting with the cup handle pattern, it looks like he added another handle with bitcoin's correction. If he breaks this third attempt in volume, I wonder if he will continue on his way by folding as many as the last bowls formed respectively. Come on, let's watch together.
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
OASIS ROSE - Inverted Head and Shoulders forming?? $0.35??ROSE is setting up to form an Inverted Head and Shoulders pattern, which may play out if BTC looks positive. The technical price target for this pattern is $0.35.
If BTC begins to look bad, alts like ROSE will suffer, possibly sending ROSE to about $0.22 at the bottom of a potential symmetrical triangle.
big breakout inbound🍿Roseusdt looks like it wants to break this triangle pattern soon, if it does price targets will be 0.33335-0.39774-0.46213
on the daily time frame we can see its currently sitting on a very strong trend support and bouncing with bitcoin, great risk reward at these levels in my opinion.
goodluck! like and follow for more 💘
🔥 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!