Oasis Network (ROSE) technical analysisWill the previous bullish setup repeat?
ROSE has broken the long downtrend line. Also, we can see an increase in buy volume. The possibility of ROSE jumping or climbing up fast is low, but not zero. However, it is more probable that something similar to the previous movement would happen.
Oasisnetwork
OASIS ROSE - Inverted Head and Shoulders forming?? $0.35??ROSE is setting up to form an Inverted Head and Shoulders pattern, which may play out if BTC looks positive. The technical price target for this pattern is $0.35.
If BTC begins to look bad, alts like ROSE will suffer, possibly sending ROSE to about $0.22 at the bottom of a potential symmetrical triangle.
OASIS ROSE - Trendline support with next price target of $0.57ROSE fell down -41% after being rejected at the low $0.40s, while the crypto and stock market suffered FUD from Omicron. The drop however is far from the -62% it had in it's previous large correction. This may indicate a more macro bullish trend for ROSE as it looks to go $1.00 and beyond.
ROSE is sitting on the cusp of its support along an upward trendline with multiple touchpoints. If the trendline holds, we should be looking at a retest of resistance coming in at $0.36 and $0.42. But as it stands, ROSE is under immense selling pressure, so more downside is still possible.
The $0.42 level appears quite hefty, and I suspect there are a lot of big bag hodlers dumping here. 43% of ROSE's supply originally went to Backers and Contributors, so I suspect that is part of what is keeping ROSE from having a faster move up. Their coins are worth a lot of money.
If ROSE is able to get through $0.42, my next price target would be about $0.57. The last two runs up were almost precisely the same measured move, so it's very possible it may repeat this again.
ROSE Falling Wedge Long Opportunity Charts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
ROSE Price Correction - Bearish Trend Ending SoonCharts published are based on technical factors using patterns, structures and price action and no chart is 100% guaranteed and market volatility can change the trade setups or plans anytime. We share the charts and analytics for education purposes while you should follow them at your own risks. We always recommend doing your own analysis before investing in high risked market instruments.
Not a Financal Advice.
OASIS ROSE - Bull Flag- Price Target $0.70$ROSE failed to break out of it's previous Cup & Handle pattern formation, and is now continuing to draw a bullish pennant / bull flag. It is currently trading at the lower end of the pennant, so breakout looks uncertain, but most likely it will continue to the end of the pennant before breaking up.
Overall, $ROSE looks bullish. It is holding the 0.382 FIB level, as well as keeping its previous ATH of $0.36 as support. This may be an excellent long position as $ROSE is posed to hit the technical price target for the bull flag at $0.70.
Currently $ROSE's toughest resistance is at $0.42 and will need a confirmed break before uptrend resumes, such as a daily candle close above this level or an increase in volume.
Analysis request: Oasis Network (ROSE) with great OBV break-outOasis Network (ROSE) had a great OBV break-out after price corrected to the FIB golden pocket (yellow box in price chart).
But since the price is at the RSI resistance and a bearish divergence shows up in the RSI it is now maybe not the best time to buy, even when ROSE broke the RSI resistance 3 times before.
A re-test of the OBV support-line would be a better (re)-entry in this asset.
It was a pleasure for me to analyse ROSE after requested in a comment ;-) makes fun
So drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing
Oasis Network Breakout OpportunityThis crypto has broken out with good volumes and could Retest in daily candlestick chart, and may rally further.
It is a small cap and the markets are showing signs of weakness. so this trade is of high risk and due caution is advised.
A good point of entry would be around 0.32 USDT, which is the point of retest in Fibonacci levels and previously higher trendline.
Risk Reward Ratio - 2:1
SL placed below major support and below trendline.
Rose Close to Breaking Out! 🌹After a couple of months of consolidation, Oasis Network ($ROSE) now appears to be gearing up for a breakout, targets are T1 (0.36) & T2 (0.50) respectively once it breaks out above triangle!
NFA & Always DYOR! - Please like and follow if you found this idea helpful - Thanks! 🤑
ROSE/USDT - Potentially Major Cup n HandleI'm personally a huge fan of the Oasis Network. I think their tech alongside Polkadot's parachains (very similar) could prove to be the winners in the smart contract platform world.
What I'm trying to say is that ROSE has amazing fundamentals, are backed by the likes of Pantera Capital, a16z, Polychain Captial, etc. and have an amazing product.
To top this off, the PA on the charts indicate ROSE is ready for a huge move upwards to finish Q4 on a bang. I personally see ROSE reaching top 30 or maybe top 20 territory sometime this year.
Remember, learn to take profits on your way up!
🆓Oasis Network (ROSE) Oct-2 #ROSE $ROSEROSE is pumping strongly and it could reach 0.23$, 0.28$ and 0.42$ zones in this October. But if it loses this 0.18$ zone, it will fall down to 0.14$ zone or even lower
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.18$ zone
🔴Buy : 0.18
🔴Sell : 0.23 - 0.28 - 0.42
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.18$ zone
🔵Sell : 0.18
🔵Buy : 0.14
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
🆓Oasis Network (ROSE) Sep-15 #ROSE $ROSEThe buying force came back to stop the decline at 0.24$ zone so in next days ROSE could move up to 0.3$ to retest again and move up to 0.42$ zone. But if it loses this 0.24$ zone, it will drop sharply to 0.15$ zone
📈BUY
🔴Buy : 0.234-0.246$. SL if B
🔴Buy : 0.293-0.307$ if A. SL if B
📉SELL
🔴Sell : 0.293-0.307$. SL if A
🔴Sell : 0.41-0.43$. SL if A
♻️BACK-UP
🔵Sell : 0.234-0.246$ if B. SL if A
🔵Buy : 0.146-0.154$. SL if B
❓Details
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Rose 🌹⚡🚀💥 $ROSE #ROSERose broke its downward trend and also hit the pullback. It is now ready to move towards its higher goals. Its resistances and goals are plotted in the Chart.
Currently, due to the increase in the bitcoin range and its movements, all altcoins will be affected by it. The analysis is just a series of probabilities.
I hope you find this analysis useful🌹
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[ROSEBTC](100%+ Potential Profits) Oasis Network Trade SignalENTRY: 0.00000275 - 0.00000310
TP1: 0.00000330
TP2: 0.00000385
TP3: 0.00000470
TP4: 0.00000555
TP5: 0.00000615
TP6: 0.00000695
STOP: Close daily (D) candle below 0.00000265.
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This is not financial advice.
Make sure to have a plan before trading.
Wishing you great health, wealth, & success.
Namaste.
Oasis Network [ROSE] Major pennant formationHi 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 🌜
Oasis Network [ROSE] possible outcomeHi everyone,
Looking at the Daily chart, ROSE found once again support on the EMA50 and is almost ready for the next leg up.
We keep being bullish on ROSE as it will continue to grow!
Target point mapped on chart:
> TP1: $0,206 (0,618 Fib.)
> TP2: $0,32 (1,618 Fib.)
Fundamentals:
> Partnering with DarwiniaNetwork (cross-chain bridge)
> Oasis-ETH ParaTime (beginning of March)
As long as ROSE respects the grey trend line as support, above set-up can be valid
🌜 Please like and leave a comment 🌜
This is not financial advice
Oasis Network | ROSE -Project Overview, Support & Resistance LevWhat is the Oasis Network
Designed for the next generation of blockchain, the Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. Combined with its high throughput and secure architecture, the Oasis Network is able to power private, scalable DeFi, revolutionizing Open Finance and expanding it beyond traders and early adopters to a mass market. Its unique privacy features can not only redefine DeFi, but also create a new type of digital asset called Tokenized Data that can enable users to take control of the data they generate and earn rewards for staking it with applications — creating the first-ever responsible data economy.
Source: Coinmarketcap.
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Here we have the Oasis Network (ROSEBTC) chart.
We have a strong bullish bias developing and we are very likely to see the bullish continuation.
The volume has been slow and stable but slowly starting to go green and increase.
The MACD is showing a bullish cross already above zero, which is a super-strong signal.
The RSI is looking great.
On the chart above, you can find the support levels, orange and yellow, and the next target, light green for 80%+.
This is not financial advice, I repeat.
Thanks a lot for your continued support.
Namaste.