ROSEUSDT trade ideas
The ROSE Oasis Network EMOTIONAL ROADMAPWe've all been there those that have been in crypto for over a year at least.
You believe in a project but FUD yourself out of your own bags because of the movements of the market.
You sell at a loss just to see that coin you just sold do a 10x over the next few weeks.
Here is an emotional roadmap so you can plan emotionally in advance for the upcoming ROSE Oasis Network mega bullrun.
DYOR on this project.
NFA
ROSE Long Opportunity (update)This idea is an update of the long I had for ROSE back in mid-July that I charted too early and sold (now positive).
First TP at Wave 3, could consolidate longer than expected around there then jump for Wave 5 which should be the top.
Let me know your thoughts on ROSE and good luck trading!
#RoseIn an upward trend, a double top is formed, which with the ceiling and lower floors is currently in a corner pattern, and in case of the inability to break the neckline, this move can be used to continue the downward path. Therefore, if one or more confirmation candles are formed in the specified area, a sale transaction can be entered.
#ROSE Waiting for the confirmation of the candlestick patternIn the daily time, it is moving in a medium-term ascending channel, which has grown to the upper limits of the channel after the diamond pattern and reaching around the support area with the return and breaking of its previous resistance. Now, it can either be in the current area or in the roof of the channel, which has an important resistance, and enter the correction and pullback to the broken resistance. Therefore, by confirming the candlestick pattern, we can enter the sales transaction up to the specified area.
ROSEUSDT.1DBased on the given market data, the ROSE/USDT pair is currently priced at 0.11314 USDT.
On the 4-hour chart, the Relative Strength Index (RSI) is at 37.11, indicating that the pair is nearing oversold territory. The Moving Average Convergence Divergence (MACD) is at -0.00219, suggesting a bearish sentiment. The Bollinger Band (BB) is at 0.13411, indicating that the pair is trading within a relatively narrow range. The support levels are at 0.11305, 0.10191, and 0.08713 respectively, while the resistance levels are at 0.13411, 0.14678, and 0.15047 respectively.
On the daily chart, the RSI is at 49.24, indicating a neutral market sentiment. The MACD is at 0.00347, suggesting a slight bullish sentiment. The BB is at 0.14255, indicating that the pair is trading within a relatively narrow range. The support levels are at 0.076, 0.061, and 0.034 respectively, while the resistance levels are at 0.15, 0.16, and 0.18 respectively.
On the 7-day chart, the RSI is at 73.51, indicating that the pair is in overbought territory and may be due for a correction. The MACD is at 0.01816, suggesting a strong bullish sentiment. The BB is at 0.13338, indicating that the pair is trading within a relatively narrow range. The support levels are at 0.071, 0.043, and 0.029 respectively, while the resistance levels are at 0.1857, 0.25, and 0.33 respectively.
In my opinion, although the pair shows a strong bullish sentiment on the 7-day chart, the 4-hour chart shows that it is nearing oversold territory, which means there may be a potential for a price reversal in the short term. However, considering the overall market conditions and technical indicators, it is crucial to manage risk and place stop losses wisely while trading.
ROSEUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement (marked as xxxx).. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. same idea Ive always been using.. just a trade idea, not financial advise
SUBSTRUCTURE SO RISK IS HIGHER.. TRADE YOUR PLAN!
ROSEUSDT Expecting Upmove Following Breakout and Retracement!!After a successful breakout and retracement, anticipate a substantial upward movement for ROSE/USDT. Hold onto your position firmly, but remember to implement a stop loss for risk management.
ROSEUSDT (1W Chart) Technical analysis
ROSEUSDT (1W Chart) Currently trading at $0.116
Buy level: Above $$0.115
Stop loss: Below $0.093
TP1: $0.135
TP2: $0.15
TP3: $0.17
TP4: $0.2
Max Leverage 2x
Always keep Stop loss
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$Rose - Will Revisit ATH SoonRose Macro chart has always look soo haphazard but i have always been believer in its fundamental.
I always wanted to share but always forget . I also believe it will do Matic kind of price progression to about a 1$ so easily. Its been on stable steady price movement .. and will continue on that way.
If going by the bullish like ''W'' pattern, 0.3c will be next target p.
Oasis Network's (ROSE) Price Analysis: Preparing for a Breakout?Bias: Neutral to Bullish
Description: The ROSE/USDT pair is showing signs of consolidation with potential for an upward breakout. The RSI hovers around the midpoint, indicating neither overbought nor oversold conditions, suggesting a balance between buyers and sellers.
Direction: Potential Upward Movement
Entry: Consider entry if there's a confirmed breakout above the consolidation zone with increased volume, which could validate the move.
Stop Loss: Set below the most recent swing low or the consolidation zone to mitigate the risk if the breakout turns false.
Targets: Profit targets can be set at previous highs or psychological levels (e.g., $0.15, $0.18). Be prepared to adjust these targets if the price shows strong momentum beyond these levels.
Caution: If the price breaks down below the consolidation zone, it could invalidate the bullish outlook. Monitor for any changes in volume or price action that contradict the bullish scenario.
ROSE/USDT Assessing Bullish Breakout Potential? ๐ ๐ROSE๐ Paradisers, turn your attention to #ROSEUSDT as it demonstrates significant potential for upward movement. The asset has recently surpassed a key resistance level, signaling a high probability of continued bullish momentum.
๐ Reflecting on #ROSE historical price action, we observe its consistent pattern of breaking out of a descending channel and initiating an upward trajectory. Presently, a detailed analysis reveals strong momentum above the EMA55, alongside a notable resistance breakout. These factors collectively enhance the likelihood of a bullish movement. BCBA:ROSE is now poised to target the resistance level at $.11699, underpinned by its sustained upward trend.
๐ While the market's dynamics might prompt immediate action, especially among new traders, experienced Paradisers recognize the importance of strategic timing in leveraging such scenarios. It is crucial to identify optimal entry points during this anticipated uptrend, while carefully avoiding entries at peak market prices.
๐ In the event that #ROSE upward momentum wavers, a strategic approach would be to anticipate a bullish recovery from the support level of $.07693. Nonetheless, a breach below this level would warrant a reassessment of the bullish outlook, as it could suggest underlying challenges in maintaining the upward trend. ๐ด๐ฐ