ROSEUSDT
Rose Close to Breaking Out! 🌹After a couple of months of consolidation, Oasis Network ($ROSE) now appears to be gearing up for a breakout, targets are T1 (0.36) & T2 (0.50) respectively once it breaks out above triangle!
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ROSEUSDT Technical Analysis⏳ Spot
💎 ROSEUSDT has formed a descending triangle. If it breaks above the triangle after the retest it will start a Bullish terns
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🏁 Short & Medium Term
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🎳 Entry at Market or at 0.18050 - 0.18800
☕️ TP1 0.20000
🍺 TP2 0.21500
🍻 TP3 0.24000
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.17000
Good Luck 🎲
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ROSE is ranging, bearish Bias forming again but not confirmedRose did not do well to follow the pack with the BTC ATH. It showed some small effort but failed to break from the zone it has been ranging in since mid-oct. If you follow me you will know I am bullish on Rose, but again it is at this key level, I made a weekly analysis recently on Rose which identified its key weekly supports and where it needed to hold, otherwise we might open up a short sell.
Rose is again showing similar signs at the 1.9 support level (slightly under 1.9). It has formed a descending flat bottom triangle which has a bearish Bias. It is stuck in this range currently and bumping on the lower support. MACD and RSI suggest it will keep ranging for the time being, but it is currently suffering.
Importantly, OBV has held key level, and support has so far held so there is still hope. Rose is not a stranger to explosive moves from a low range
Why this might be interesting: As with last week, It is threatening to break down its weekly trend, though it has a few days yet left to show strength - which is exactly what it did last week. Keep an eye on ROSE toward the end of the week and lets see if it can show another strong move. Bullish move will be signaled by trend and range break. Optimistically, ROSE weekly has a cup and handle form developing (to candle bodies), so we can still see the long term potential here
If price breaks down from support can look to Short sell to 1.7 on retest
ROSE - Weekly at key level again, possible short sell I have been hopeful of Roses bullish trajectory (and not quitting on this possibility yet), but from the weekly we can see that Rose is again at a key level, while consolidating in a similar triangle. Sellers have been strong and BTC dominance rising. If we see this weekly candle close below 0.17 there may be a possible short sell down to 0.12
Indicators are actually healthy, with positive divergence. So this will be conditional on continued BTC dominance and seller strength.
Hang in there ROSE
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ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
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HADIMOZAYAN
ROSE ascending channelROSE formed ascending channel, if price come above the resistance level at 0.2, be extra careful until we get above 20 and 200sma,
they act as resistance when the price is under them...
indicators look bullish on 4hrs chart
we could see ascending triangle forming so the upper resistance level 0,22989 is the next target to watch if get above those lower ones
price could bounce down from it since it acted as big resistance recently and was a big support
#ROSE/USDT [ OASIS NETWORK ] what do you think about it#ROSE/USDT what do you think about it ❔
Rose is warming up - don't miss that 🚀📈
4H Technical Analysis
⚪️ RSI: 64.04
❇️ Stoch: 88.53
⚪️ MFI: 77.00
❇️ CCI: 201.81
⚪️ WR%: -49.07
EMA/SMA: 10❇️ 25❇️ 50❇️ 100❇️ 200❇️
⚪️ ADX: 25.62
❇️ ADX Signal: +DI > -DI (Bullish)
❇️ MACD Bullish Crossover ON
❇️ Parabolic SAR: Bullish