As we can see, the volume hasn't showed up, probably the Christmas thing. At seems like we have the extended accumulation time here. Anyway, I'm watching this cryptocurrency closely now
Note
Are you into the trendlines?
What I want to pinpoint here:
- the trendline itself (obviously)
- this zone is acting as a support for the 5th time already
- a volume burst at the dip
All mentioned tells me that the trend reversal is happening now
Trade active
ROSE is about to break out from the given range. Volume has increased significantly. I do expect a retest of 0.06 zone with the following breakout
Note
ROSE cryptocurrency goes exactly as planned
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Related publications
Disclaimer
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.