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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🎳 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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ROSEUSDT
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
ROSE/USDT - Potentially Major Cup n HandleI'm personally a huge fan of the Oasis Network. I think their tech alongside Polkadot's parachains (very similar) could prove to be the winners in the smart contract platform world.
What I'm trying to say is that ROSE has amazing fundamentals, are backed by the likes of Pantera Capital, a16z, Polychain Captial, etc. and have an amazing product.
To top this off, the PA on the charts indicate ROSE is ready for a huge move upwards to finish Q4 on a bang. I personally see ROSE reaching top 30 or maybe top 20 territory sometime this year.
Remember, learn to take profits on your way up!
Rose - Next moves Rose has been highly volatile, moving up and down 15% at a time with BTC movements. I was lucky enough to be holding some I purchased long term at the current demand zone when it ran recently. As you can see it tapped and tried to break global trend and wicked up to previous price support at 0.23 on the 4hr.
These will be the two key points to break:
Global trend which is also the top trend of bullflag (break will attracted a lot of investor attention)
Previous Price floor 0.2-0.23 which will be resistance
My indicators show nothing surprising, but all confirm the recent move without bearish divergence
OBV is trending positively, MACD is healthy
RSI is currently very overbought, I will be looking for a possible consolidation in between 0.17-0.2 range before its next move up.
ROSE has been gaining and losing value rapidly with each move, set yourself clear targets and follow your trading plan
It could very easily loss its position and find its way back down toward demand zone at 0.145 or even further to 0.13 and bullflag bottom trend and July demand zone. Trade carefully