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AlkalineFX
Jul 30, 2022 8:39 AM

ROSEUDT: Avoid Buying ❌ Short

ROSE / TetherUSBinance

Description

The main support is luring a HUGE amount of buyers into the market. They feel safe that this is the reversal point because historically it has good structure, I beg to differ.

The last few months have shown us that every bull attempt has gotten absorbed, what makes it different this time?

Since price was delivered to the support with compression, I believe we haven't seen the true liquidity grab yet.

Price will lure as many buyers as it can before collapsing beneath the support.

THEN we may see some relief and a good opportunity to buy, until then sit on your hands and don't jump in here because of buy FOMO.

Comment

If I can locate a sensible sell with my team, I will let you know.

Comment

The accuracy on this is unbelievable.
Comments
Tolberti
Looks very bullish now, thanks for the tip!
AlkalineFX
@Tolberti, All good!
haloman0ol
What do you think about the current situation?
SwallowPremium
Good insight! at what price do u think is sensible to buy Rose again?
AlkalineFX
@SwallowPremium, After we sweep this support, we can see!
CryptoCheck-
Agree with you here. Thanks!
AlkalineFX
@CryptoCheck-, Respect!
prefabsprout
what you say makes sense. this is likely an ugly trap across the market. short.
AlkalineFX
@prefabsprout, I appreciate you!
yonsfx
Thanks alkaline
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