Around 10 days ago I made an analysis on ROSE and its successful bull flag break out.
Earlier this week the last target at $0.25 got hit and earlier today we saw a strong bounce from the $0.2 support area, keeping the bullish break out alive and well.
For now, I'm expecting some consolidation to happen around the $0.25 resistance area, potentially falling back to $0.2 in case of another BTC drop. However, I'm confident that ROSE will continue to go up in the coming days and weeks. Next target placed at $0.3, potentially shooting towards the all time high in case of a massive buying spree from investors.
Happy trading!
Earlier this week the last target at $0.25 got hit and earlier today we saw a strong bounce from the $0.2 support area, keeping the bullish break out alive and well.
For now, I'm expecting some consolidation to happen around the $0.25 resistance area, potentially falling back to $0.2 in case of another BTC drop. However, I'm confident that ROSE will continue to go up in the coming days and weeks. Next target placed at $0.3, potentially shooting towards the all time high in case of a massive buying spree from investors.
Happy trading!
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