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BrandonrG
May 12, 2021 1:13 PM

Rosey 5.12.21 Long

ROSE / TetherUSBinance

Description

Man this was such a great trade a few months ago but i have not been in it for a long time now. Checking it out it does appear to be losing momentum althought this is not really a big issue. These assets cannot continue going on forever to the upside and at some point will need a pause in the trend to recoup, gather liquidity, put in a base and then move higher. You'll see almost everyone on CT constantly crying for their bags to pump but most dont want to deal with the required consolidation that comes. Just like in stonks its no different in crypto. Things that go straight up come back down. Then go much higher. Of course rose could flip deuces and start running again but i really think it wants to roll here and then make a strong bounce. i would buy a capitulation dump on this for sure
Comments
dRamone
Rose was good to me during the beautiful range play few weeks ago, will have a look on it again.
Bepro looks ready to go now, my bags are ready as well. Thank you to have you here sir!
BrandonrG
@dRamone, ya man ive been blessed this year more than i ever thought possible. its good to give back
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