Because the entry point is so clear, I'll spare the fundamental details about Rose in this post. Take a look at the huge gap between support and resistance, this coin is going to reach Resistance again this weekend, without a shadow of doubt.
- The support level hasn't officially been touched yet AND the resistance level has already been tested. For those unaware, the more times a S/R level is touched by wicks, the WEAKER it becomes, improving the likelihood of that barrier being broken.
If you enjoy these brief entry breakdowns, or you love alt coins that smash 10-200x then drop a follow, I post every day and don't want my fellow traders to miss out :)
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.