ROSEUSD
ROSE - May Trading plans (Long & Short)In my previous idea on ROSE I detailed how ROSE had hit a key zone of support between the monthly and Quarterly opens at 0.18-0.16
I opened a trade in the dip below 0.16 and now we are watching ROSE try to hold and regain this support
I have already closed half my position on the break to 0.18, but wanted to detail what a positive MAY would look like for ROSE, in my opinion
As you can see from the chart ROSE has formed a massive falling wedge and is sitting on the key support mentioned
It will be crucial for ROSE to regain the quarterly open at 0.18
If we can regain the 0.18, I will be watching for an impulse to 0.2-0.23 to confirm the wedge trend, then trading back to the quarterly open, and watching for a breakout above that previous swing high in that same zone: 0.2-0.23
If all this plays out I will be targeting the range as marked
If we fail to regain the quarterly I see us dumping to 0.1-0.12 range and maybe further to the lower zone marked
Both TotalDefi and ROSE are charting bullish divergence on Marco time frames.
Below we can see TotalDefi at trend and key support also, if this breaks we go down - There is a lot of negative sentiment in the market currently, but it is also the place for great risk reward
ROSE : UPDATED (GLOBAL VIEW)Just like BTC, as long as this support holds we keep being positive..
and heading to the next resistance and target.
See price action at resistance again
(If you want to make sure then must wait for end of next week for the weekly confirmation candle)
But MACD already made me feel positive :DD
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PS. *** All of my analysis is for scalping method,
Not suitable for coin holders / Investor....
It's my trading diary particulary to practice scalp trading skill.
*** If you follow it please adjust the stop loss at your acceptable risk.
>>>>FYI When I trade I use low leverage and only cut loss
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Feel free to share your thoughts, Trade safe and fun!
ROSEROSE / USDT
Daily timeframe
Swing trade
Summary:
1) Forming a bearish bat
2) Adam and eve double bottom pattern
Entry point : 0.28 (neckline of Adam and Eve pattern )
Target: 0.3808
Yung target ng bearish bat same sila ng target ng Adam and Eve pattern.
Incase na mangyari yun pwede kayo mag sell short sa phase D ng bearish bat $0.375.
Rose (Oasis) pure 700% coming ...looking for long term investment coin? here it is.
Fundamentally,
Rose blockchain is still undervalued with low market cap at 762 million right now at #87 rank.
expecting potential to reach up to 5 billion cap at least which is 7x capital from here.
high expectations?!
Avax is currently 20 billion !!
Technically,
- On 1W Time frame it is so clear to recognize the main trend through the parallel channel.
- Rejected to hold on Mid channel support through the last week candle (spike).
- Price trying to hold on EMA 50 but it will be broken down soon.
- we still on a downtrend till we reach the bottom.
- buy later at the bottom of channel under 15 cents.
- sell 1 dollar after that, but need to be patient ( long term holders).
BUY:✅ 10 -13 CENTS✅
🎯TARGETS:
1- 0.31
2- 0.45
3- 0.60
4- 0.74
5- 0.89
6- 1.00
7- 1.10
💵 Trade Size: 5% of Portfolio
🚫Invalidation(SL): 0.093
Oasis ROSE - Rising Wedge - $0.20 next??Oasis ROSE has broken out of a Rising Wedge on the larger TFs, but is currently finding support at the 200 Daily SMA and the 0.618 Fib level.
ROSE has failed multiple retests of resistance and things are looking precarious. Fortunately there is a lot of support below between the previous ATH and 0.786 Fib level.
ROSE has also failed a retest in the RSI, which had a Descending Triangle. Overall looking bearish.
The technical price target for the Rising Wedge breakdown is about $0.10, but I would expect a bounce at the $0.15 to $0.17 area.
rose run short?Will the rose fall?
My idea is easy to understand and can be easily rejected.
So let's put this perspective aside by limiting the market with painting and a few lines.
The market does not respect our lines.
The market is going through its process, and it is we who have to deal with the market trend.
I have always told my friends and now we tell you one of the most important rules of the market (trade with trend).
After reacting and reacting to the price range, try to enter the market and follow the trend.
ROSE/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ROSE/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ROSE/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP and BUY THE GREEN ZONE
Target:- 30% to 40%
Stop loss:- 0.30233
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ROSE : SUPPORT,RESISTANCE & TARGETRose isn't able to break out resistance and ichimoku cloud is crossing down
it's more likely to move down to the cloud and reach the main ascending support line
This is the area to watch out, if it isn't break down then it would be a good entry point. (Scenario 2)
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But currently it's been super bullish, if overall market is good then there's possibility that it break up
this rising wedge to the target above as well. Entry point is after break up is confirmed
.Trade safe and fun,
Always place the stop loss :P
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