I think the decline will continue for Rose. As in many crypto instruments, I believe that a similar structure in rose will come towards the range I marked.
We will keep watching this market carefully as the green zone (WCL) is our buying zone bearing in mind that the market broke the yellow correction LVL for the bearish yellow sequence
ROSEUSDT
TF: 1D
Side: Long
Pattern: 78.6% Fib Retracement
Entry: Between $0.05614 and $0.06149
SL: $0.05614
TP 1: $0.07025
TP 2: $0.07898
TP 3: $0.08604
TP 4: $0.10314
ROSE is on the brink of breakout. Can enter now and be willing to DCA or wait for breakout and retest then enter if successful.
RSI and MACD look ready to go.
Please write any advice or suggestions.
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Rose vs Usdt
It is a good time before the start of the Asian market for trade with around 4% profit.
The Rose is trying to completed its uptrend movement for today, and close the daily price at the highest daily price in the 4-H time frame bar.
THE LAST TARGET is: 0.09500
Blue lines are valid for about 60% and it will probably move with this trend.
The red line and red channel are 40% valid and if the blue support line is broken at 0.07880, the trend of the red line is confirmed.
P.S
Each one of the channels ( blue or red ) are the powerful support.
Similar tests against the 200MA can be seen, this correlates well with the 200MA
The pattern could be considered an ascending scallop
All that needs to be seen however is how price acted in the first scenario
If Rose replicates the fractals of the previous movements, it should end up somthing like this. Given that there isn't a market wide catastrophic crash from the trad markets.
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Everything on the chart.
open pos: market and lower
target: 0.3 - 0.35 - 0.4
after first target reached move ur stop to breakeven
stop: ~0.185 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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Hello everybody
Oasis network is one the powerful porject in Privacy that works in crypto
According to the news of them , this project was fund raising about 160M dollars for development and this means that the price is ready to jump very soon , but we should have some correction for the price to have nice R/r to buy and hold it
Oasis is powerful and we should...
