📊 Analysis:
Bullish Sign: ROSE is showing signs of reclaiming and gaining acceptance above the $0.10 level, indicating potential bullish momentum.
Long Opportunity: With the bullish sentiment, there's an opportunity for a long trade on ROSE.
Entry Point: Consider entering the trade within the range of $0.10 to $0.109, as ROSE looks to reclaim this level.
Profit...
It is moving in a medium-term ascending channel, which after correction to the specified area according to the analysis of the previous posts, has encountered demand, which has started an upward movement again. According to the recent momentum and correction to the bottom of the channel, if the blue band area faces demand again, it can have the specified profit...
In an upward trend, a double top is formed, which with the ceiling and lower floors is currently in a corner pattern, and in case of the inability to break the neckline, this move can be used to continue the downward path. Therefore, if one or more confirmation candles are formed in the specified area, a sale transaction can be entered.
According to the previous analysis, after a diamond pattern that it had formed, it is continuing its upward path, which is currently in a corner pattern, if it cannot break the red box range upwards and is confirmed, it will be entered with a stop above the area. The transaction was sold.
In continuation of the previous analysis, he reached his target.
Currently, in the 4-hour period, it has formed a diamond pattern in an ascending channel, which can be corrected if the red area is not broken until the green box.
So, for now, have a watch, after confirmation, it will enter the cell position.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ROSE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Please write any advice or suggestions.
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Rose / ROSEUSDT
Rose broke out of a resistance zone and is currently consolidating inside a bull flag in the 4H Timeframe. A breakout from here will be a long signal for me and target will be below the weekly resistance level.
