ROSE - Trend-Following Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
ROSE is overall bullish trading inside the blue channel. Since it is currently sitting around the lower blue trendline, we will be looking for buy setups on lower timeframes.
on H4: ROSE is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, ROSE would be overall bearish from a short-term perspective and can still trade lower inside the green support before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Rose
🔥 ROSE Inverse Head & ShouldersAfter hitting the $0.45 area around three weeks ago, ROSE has seen a very strong bearish correction, climaxing last weekend.
However, the last dip towards $0.2 caused a very strong bullish reversal. During this reversal, an inverse head & shoulders pattern has appeared on the chart. Inverse head & shoulders patterns are classically bullish patterns.
Targets placed at recent lows and highs.
Happy trading!
ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you can see, the price is moving towards its support line and is in a good range to buy, but take capital management seriously.
If supported, it can move towards its first resistance line, but if it drops and stabilizes below the first support line, it can move towards its second support line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
🔥 ROSE Reversal AreaSince earlier this summer, ROSE has been trading in this ascending wedge pattern. In my last ROSE analysis, ROSE was trading at the top of the pattern, which ended up in a bearish move.
During the dump, ROSE failed to break through the support of the wedge, which could indicate a reversal in the short term. I'm waiting for a strong green candle to mark the bottom, ideally a BTC above 50k as well. Be aware that a bearish break out could lead to term bear trend for ROSE.
Target would be the top resistance of the wedge.
Happy trading!
I am stocking up on ROSEUSDT, here's why.We have identified a strong ABCD pattern on BINANCE:ROSEUSDT , indicating a bullish trend in the short-term. However, I wouldn't rely on this pattern alone.
The stochastic RSI suggests that we are currently oversold, which checks out because we are indeed testing the support line in the middle of our current uptrend.
Additionally, the MACD tells us that bullish momentum is still standing strong. This in combination with the stochastic RSI being oversold tells me that we might see a run to the upside very soon, which would confirm the ABCD pattern.
What are your thoughts?
ROSE - Possible Falling wedge bullish breakout, level to watchFor those watching ROSE, look for a bounce at 0.27 (previously marked area of interest, and 0.68 fib retrace) for a possible continuation to the upside with a break of this falling wedge formation. May be the opportunity to reload before it attempts another move up
Break to the low side will see a move toward 0.21-0.22 trend support
Detail about ROSES levels and movements in related idea
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.
BTCUSDT Possible Inverted Head and Shoulders LONGCharts 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 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.
$ROSE Midterm PlanOne of the most undervalued layer 1 project at the moment. After it's partnership with Meta (Former Facebook) Rose token had it's surge to new all time high's. With the recent Bitcoin dump it retested the previous resistance (blue box) and my bid orders got filled. Targets and support's are provided on chart.
Happy trading
ROSE is trying to take offROSE has had a good few days, I managed to catch profit on a few of its pushes up. its now trying to build from higher support for a big move. If you're comfortable scalping there might be opportunity to find an entry here and see what can be gained. Would not be surprised but a sharp drop back to support before an impulse up. If it can get above intraday high, there is the rising wedge trend line then, ATH is the target. Feels like ROSE wants to find its way to go parabolic in the coming days or week
Looking for it to hold that 0.27 support and build from there. It has never succeeded in holding this level previously, but has just found support there in the past 24hrs
ROSE bullish pumpIf ROSEUSDT could take the double resis we could see really bullish patterns and maybe before end of the year 1$ break. Recommend to buy now before real pumps will start.
➡️ LONG ROSEUSDT
🟩 Entry : 0.37-0.375-0.40
☑️ Target 1: 0.379
☑️ Target 2: 0.382
☑️ Target 3: 0.39
☑️ Target 4: 0.40
☑️ Target 5: 0.45
☑️ Target 6: 0.466
⛔ Stoploss: 0.326
💫 Leverage : x10 - 50x
⏰Time : MIDTERM
ROSE - Cup and Handle
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ROSEUSDT - Daily
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Pattern: We have the cup and handle pattern.
Which is well completed.
The price has broken the trend.
And it will give us a very good opportunity to invest, in a pullback.
But perhaps the price will continue to move without any pullback.
ROSE - 260+ Day formation Breakout possible, buy the retestRose is currently breaking above the major resistance of this 260+ day cup and handle formation, if it can close the daily above this level I expect a lot of upside, looking for a target of 0.7ish. If it can hold above this level I will be loading up for the price discovery
see details in related idea
Made some beautiful gains over the past 3 days which I have followed closely
🔥 ROSE Facing Massive Resistance: Dump Or Break Out?A little while ago I made an an analysis on ROSE's bull-flag break out, which was a great success.
In the meantime, ROSE announced that they're going to use META's platform, which launched the price up and the token doubled in price in a couple of days.
As of now, ROSE is facing very strong resistance around the trend line which connects the two last tops. Chances are that ROSE will reverse from here and move back towards the lower support of the rising wedge. However, a bullish break out is likely, assuming that BTC sentiment will get better. The first option is more likely imo.
Happy trading!
Oasis Protocol - a ROSE in the desertNFA not financial advice $ROSE
- Bullish pennant on ROSE weekly
- oversold = bullish
- volume increasing
- macd is bullish
for Fundamentals:
- There is a META AI partnership (facebook+ROSE) news is bullish
- $160Million building grant for projects
- fast scalable Privacy layer-1 TEE
- low fees
wgmi