Around 10 days ago I made an analysis on ROSE and its successful bull flag break out.
Earlier this week the last target at $0.25 got hit and earlier today we saw a strong bounce from the $0.2 support area, keeping the bullish break out alive and well.
For now, I'm expecting some consolidation to happen around the $0.25 resistance area, potentially falling back to $0.2 in case of another BTC drop. However, I'm confident that ROSE will continue to go up in the coming days and weeks. Next target placed at $0.3, potentially shooting towards the all time high in case of a massive buying spree from investors.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.