Oasis Network [ROSE] Major pennant formation
Hi everyone,
The last couple of weeks ROSE has formed a massive triangle formation. The main bullish trend we are looking at is likely to continue
We are still waiting a solid breakout that can be confirmed with the right price action and volume.
After breakout a potential retest of the ATH is in play
Fundamentals:
> Cobalt network upgrade (April 28th)
- Light clients and checkpoint sync
- On-chain governance
- Rose transfers between the consensus layer and ParaTimes
- Many more features…
> Tidal FeDi partnership, providing decentralized asset insurance to lending protocols and DEX's
> Conflux network partnership
🌜 If you enjoy this idea, please like and leave a comment 🌜
The last couple of weeks ROSE has formed a massive triangle formation. The main bullish trend we are looking at is likely to continue
We are still waiting a solid breakout that can be confirmed with the right price action and volume.
After breakout a potential retest of the ATH is in play
Fundamentals:
> Cobalt network upgrade (April 28th)
- Light clients and checkpoint sync
- On-chain governance
- Rose transfers between the consensus layer and ParaTimes
- Many more features…
> Tidal FeDi partnership, providing decentralized asset insurance to lending protocols and DEX's
> Conflux network partnership
🌜 If you enjoy this idea, please like and leave a comment 🌜
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.