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Rose

🔥 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!
by FieryTrading
5
🔥 ROSE Bull-Flag Break Out: UpdateAround 10 days ago I made an analysis on ROSE and its successful bull flag break out. Earlier this week the last target at $0.25 got hit and earlier today we saw a strong bounce from the $0.2 support area, keeping the bullish break out alive and well. For now, I'm expecting some consolidation to happen around the $0.25 resistance area, potentially falling back to $0.2 in case of another BTC drop. However, I'm confident that ROSE will continue to go up in the coming days and weeks. Next target placed at $0.3, potentially shooting towards the all time high in case of a massive buying spree from investors. Happy trading!
Long
by FieryTrading
5
🔥 ROSE Classic Bull-Flag Break OutA week ago I made an analysis on ROSE and the pending break out. Target 1 got reached fairly easily. After a successful re-test of the top trend line of the pattern, ROSE is seeing a very strong upward move, where it found resistance on the first target. I'm expecting the price to continue the bullish push in the coming day or so, potentially re-testing the $0.20 support. Main target at $0.25, might even hit $0.3 if the price picks up like in September. Happy trading!
Long
by FieryTrading
6
🔥 ROSE Successful Reversal: Pennant Break OutThree days ago I made an analysis on ROSE and the potential incoming reversal from the pennant's bottom support. As anticipated, ROSE saw a nice ~18% move towards the first target. Congratulations if you took the trade. With the market showing some minor weakness at the moment, we might face some further bearish movement. The $0.2 resistance is still holding and might pose some difficulty to get through later. However, I'm expecting ROSE to continue the bullish move fairly soon. First target at $0.22. In case of a prolonged move in the coming week, I'd be looking at $0.25 for a potential exit. Happy trading!
Long
by FieryTrading
5
ROSEUSDT Technical Analysis⏳ Spot 💎 ROSEUSDT has formed a descending triangle. If it breaks above the triangle after the retest it will start a Bullish terns 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 0.18050 - 0.18800 ☕️ TP1 0.20000 🍺 TP2 0.21500 🍻 TP3 0.24000 🍾 TP4 🍷 TP5 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.17000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
ROSE is ranging, bearish Bias forming again but not confirmedRose did not do well to follow the pack with the BTC ATH. It showed some small effort but failed to break from the zone it has been ranging in since mid-oct. If you follow me you will know I am bullish on Rose, but again it is at this key level, I made a weekly analysis recently on Rose which identified its key weekly supports and where it needed to hold, otherwise we might open up a short sell. Rose is again showing similar signs at the 1.9 support level (slightly under 1.9). It has formed a descending flat bottom triangle which has a bearish Bias. It is stuck in this range currently and bumping on the lower support. MACD and RSI suggest it will keep ranging for the time being, but it is currently suffering. Importantly, OBV has held key level, and support has so far held so there is still hope. Rose is not a stranger to explosive moves from a low range Why this might be interesting: As with last week, It is threatening to break down its weekly trend, though it has a few days yet left to show strength - which is exactly what it did last week. Keep an eye on ROSE toward the end of the week and lets see if it can show another strong move. Bullish move will be signaled by trend and range break. Optimistically, ROSE weekly has a cup and handle form developing (to candle bodies), so we can still see the long term potential here If price breaks down from support can look to Short sell to 1.7 on retest
by jamoooo
🔥 ROSE Bullish Channel: Reversal LikelyRecently I made an analysis on ROSE. I argued that ROSE was trading inside a bullish channel and that it was likely to follow this pattern in the near future. The first dynamic support in the previous analysis didn't hold, as the price broke right through it. Now, all eyes are on the channel's support at the bottom. This trend line goes on for much longer and is therefore a stronger support area. In case we get a strong bullish candle in the coming few days, I'm expecting the reversal to kick in and ROSE to move towards the resistance area marked on the chart. Happy trading!
Long
by FieryTrading
13
ROSE - Weekly at key level again, possible short sell I have been hopeful of Roses bullish trajectory (and not quitting on this possibility yet), but from the weekly we can see that Rose is again at a key level, while consolidating in a similar triangle. Sellers have been strong and BTC dominance rising. If we see this weekly candle close below 0.17 there may be a possible short sell down to 0.12 Indicators are actually healthy, with positive divergence. So this will be conditional on continued BTC dominance and seller strength. Hang in there ROSE
Short
by jamoooo