Analysis request: Oasis Network (ROSE) with great OBV break-out
Oasis Network (ROSE) had a great OBV break-out after price corrected to the FIB golden pocket (yellow box in price chart).
But since the price is at the RSI resistance and a bearish divergence shows up in the RSI it is now maybe not the best time to buy, even when ROSE broke the RSI resistance 3 times before.
A re-test of the OBV support-line would be a better (re)-entry in this asset.
It was a pleasure for me to analyse ROSE after requested in a comment ;-) makes fun
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
But since the price is at the RSI resistance and a bearish divergence shows up in the RSI it is now maybe not the best time to buy, even when ROSE broke the RSI resistance 3 times before.
A re-test of the OBV support-line would be a better (re)-entry in this asset.
It was a pleasure for me to analyse ROSE after requested in a comment ;-) makes fun
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing