$ROSE Oasis Network Quick Analysis Overview ( @OasisProtocol )
Updated
Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
The Oasis Protocol Foundation looks to support projects focused on making that privacy-first Internet a reality. From building privacy-preserving applications, to developing more powerful tools for the network, to improving how it operates.
Today this relatively new coin came under my attention for possible great entry, you can see it marked with the pink line.
Recently it hit the resistance level and retraced almost perfectly by Fibonacci Retracement.
I am bearish short-term and expect price to reach the target pink line because of lack of volume that i see on daily timeframe.
RSI and MACD is overall bearish, so you can't trust the rising wedge till it does not confirm and land to one more point on resistance level.
If this idea inspired you to take any position, take it seriously and use stop-loss below rising wedge support line.
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
The Oasis Protocol Foundation looks to support projects focused on making that privacy-first Internet a reality. From building privacy-preserving applications, to developing more powerful tools for the network, to improving how it operates.
Today this relatively new coin came under my attention for possible great entry, you can see it marked with the pink line.
Recently it hit the resistance level and retraced almost perfectly by Fibonacci Retracement.
I am bearish short-term and expect price to reach the target pink line because of lack of volume that i see on daily timeframe.
RSI and MACD is overall bearish, so you can't trust the rising wedge till it does not confirm and land to one more point on resistance level.
If this idea inspired you to take any position, take it seriously and use stop-loss below rising wedge support line.
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Trade active
Landed perfectly in the buy zone.Note
Sold some at 260.Note
Can it go higher? Note
Amazing momentum!Trade active
Bullish!
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