Running through a value buy scenario on ROSE if macro sets up for further correction. Spot accumulation setup, no leverage.
Shoutout to @thecryptosniper for HVF theory, elements of which are used in my analysis (grindline theory, legacy HVF levels as KLoS). Note this is not *pure* HVF theory (as current ROSEUSDT pattern is not compliant) which would give us...
Note: I avoid directional terms like "downside" or "upside" and instead use terms like "price growth", "trend continuation", "price decay" to avoid confusion when referencing the inverted chart. "Support" still means supportive of price growth and "resistance" still means resistance against price growth.
Running through a scenario with the inverted AVAX/USDT...
*LONG TERM MOMENTUM SHIFT SETUP*
AVAX has been one of the best performers in the top 100 for the past few weeks. Due to the Avalanche Rush liquidity migration event on September 21st, I expect this to continue for some time.
ICP/USDT has been badly bruised after suffering a -90% correction and being one of the worst performers within the top 100 the past few...
![AVAXUSDT: AVAX/USDT Consolidation -> Trend Continuation [Inverted Chart]](https://s3.tradingview.com/m/MpwEqqIS_mid.png "AVAX/USDT Consolidation -> Trend Continuation [Inverted Chart]")
