Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
๐ After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
๐น For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
๐ Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
๐น Buy ROSE , not a rose; it is cheaper and a longer-term investment.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
According to my last analysis of ROSE, attached on the chart, we can see that the bulls took over from a long-term perspective after breaking above the 0.055 resistance.
๐ After breaking below the 0.11 major low in red, the bears took over in the medium-term.
Currently, ROSE is bullish in the short-term, undergoing a correction phase inside the rising blue channel.
๐น For the bulls to regain full control, we need a break above the 0.15 previous major high in blue.
๐ Conversely, the bears would take over and initiate the next bearish impulse movement if the previous low at 0.11 is breached downward.
๐น Buy ROSE , not a rose; it is cheaper and a longer-term investment.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
This analysis is done using RichTL
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www.RichTL.com
My Telegram Channel
www.t.me/thesignalyst
Support Bright Ideas Through Decentralised Crowdfunding
ideaology.io
Buy CRGPT on Uniswap
cutt.ly/CRGPT