It is 2 things either we will see a retracement to $0.08 which will become the wave 4-yellow before the bull run continues by creating a new high or the previous high (wave 3-yellow is a wave 5 and it means we will see a deeper retracement to around $0.05 before the bull run continues.
In summary for this scenario it simply means that BINANCE:ROSEUSDT is bearish on the medium timeframe (short term) and bullish on the higher timeframe mid-long term.
Comment
⋅
BINANCE:ROSEUSDT didn't retraced but we are seeing the thrust to $0.2