ROSEUSDT broken out from its triangle pattern and headed to retrace previous high. Continuation of trend pattern to upside of fib level possible 2X and 5X move.
ROSEUSDT
ROSEUSDT
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After 10 days of from initial breakout area, ROSEUDT has broken FIB 786 resistance level and box above it. A green candle above 2750 level is a good sign for momentum continuance.
Comment:
The first week of December has not been good for ROSEUSDT. Sharp fall following the general trend of BTC and other ALT coins. Previous assumptions can be invalidated if ROSEUSDT closes below fib .0786 and might dwell a bit below it before making a push again to fib 1.618.
Comment:
ROSEUDT consolidating above FIB 0.786 @ 0.23-.30 price levels. FIB 0.786 has served as strong support so far and could be the launching area for its momentum upward towards our 5x target. Hopefully the bullrun continues until the 2nd week of Jan 2022.
Trade active:
ROSEUDT broken out of another symmetrical triangle pattern and staying above 0.40 level. Showing strong momentum and retracing previous high level. Holding until 5x target.
Trade active:
Strong momentum after retesting fib 786 as support. Touched USD$ 0.50 briefly but I still see that this will continue to our TP2X level.
Trade active:
ROSEUDT lost some momentum before reaching our 2x target and currently in a sideways move. Fib 1 is a critical resistance to break for it to continue its upward momentum. Still long on this and will take little bit of time. A failed attempt on the resistance will negate our assumption and might see ROSEUSDT consolidating near 23 price levels.