Considering 5x potential move on ROSE!As you can see BINANCE:ROSEUSDT made a move with huge potential early this year. There are a few factors that I loved to see and consider the long-term position of this coin. BINANCE:ROSEUSDT made a higher high last March, MACD is making a huge divergence and now I think we found a new higher low around the 0.05 area. There are a few crucial zones to break to make a higher high. BINANCE:ROSEUSDT must close a candle above the first resistance zone (1) in a weekly TF. The second resistance zone (2) is around 0.117 which is a very crucial zone and can decide if we can break the last high or not. The first 4 orange areas are minor TP points, in the long run, we are aiming for 0.35.
ROSEUSDT
ROSE ANALYSIS🚀#ROSE Analysis : What Next ??💲
✅As we can see that there was a formation of "FALLING WEDGE PATTERN" in #ROSE. We are expecting a bullish move in #ROSE after a breakout of falling wedge pattern
🔰Current Price: $0.06235
🎯 Target Price: $0.09755
⚡️What to do ?
👀Keep an eye on #ROSE price action. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
#ROSE #Cryptocurrency #TechnicalAnalysis #DYOR
ROSE/USDT: FALLING WEDGE BREAKOUT! 70% POTENTIAL PROFIT!!Hey everyone!
If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!
ROSE looks good here. It breaks out from the falling wedge-like structure in the daily time frame and is currently, retesting the wedge. Buy some here or you can long with low leverage.
Entry range:- $0.052-$0.055
Targets:- $0.066/$0.076/$0.086/$0.096
SL:- $0.0465
Lev:- Use low leverage (Max 5x)
What are your thoughts on ROSE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
ROSE Technical Analysis in a 3-Day TimeframeHello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
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~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
ROSE has been in a bearish trend since March 2024. The price has nearly reached the support range between $0.04305 and $0.05452.
With the current price of $0.06, ROSE will likely test the 21 EMA resistance. A rejection could pull the price toward the support range, followed by a strong rebound.
The RSI is in the oversold range, and a bullish rally can be expected if the market favors the bulls.
Key levels:
- Support/Accumulation: $0.04305 to $0.05452.
- Primary Resistance: 21 EMA.
- Long-term Target: $0.23.
DYOR, NFA.
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ROSEUSDT.1DLooking at the ROSE/USDT daily chart, it's evident that the market has been experiencing significant volatility. My analysis will focus on the key support and resistance levels, as well as the indicators that provide insights into the potential future movements of the asset.
Starting with the resistance and support levels:
Resistance Level 1 (R1) is at $0.10324. This level has previously acted as both support and resistance, indicating significant market interest.
Resistance Level 2 (R2) is at $0.14040, which represents the recent high from a peak in April 2024.
Support Level 1 (S1) is currently at $0.06005, marking the lowest recent point after a significant drop.
Regarding the technical indicators:
The MACD (Moving Average Convergence Divergence) is below the signal line and negative, which typically indicates bearish momentum. This can be seen as the MACD line is in the red, suggesting that the downtrend might continue.
The RSI (Relative Strength Index) is nearing the oversold territory, with a current value just above 30. This might imply that although the market sentiment is bearish, a potential reversal or at least a stabilization might be close if it reaches or crosses below 30.
Conclusion:
Based on my analysis, the market sentiment for ROSE/USDT appears bearish in the short term, particularly given the negative MACD and the proximity of the RSI to oversold conditions. However, the support level at $0.06005 could provide a rebound point, especially if the RSI dips into the oversold region and triggers buying interest. Traders might look for potential buy signals at or near this support level, but caution is advised given the overall downward trend. It's essential to monitor these levels closely, as a break below the support could lead to further declines, whereas stabilization or a bounce back could open up opportunities for short-term gains.
ROSE Price Update in Daily TimeframeHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
* Unbiased analyses on trending altcoins
* Identifying altcoins with 10x-50x potential
* Futures trade setups
* Daily updates on Bitcoin and Ethereum
* High time frame (HTF) market bottom and top calls
* Short-term market movements
* Charts supported by critical fundamentals
Now, let’s dive into this chart analysis:
#ROSEUSDT is in a bearish trend approaching a significant support and accumulation zone. The RSI suggests that the asset is nearing oversold conditions, which could lead to a potential short-term recovery.
Support and Resistance Levels:
~ Resistance: The immediate resistance is identified at $0.10131, marked by the 50-day moving average. The next significant resistance is at $0.117, aligned with the resistance trendline.
~ Support: Strong support is observed around the $0.07509 level, which coincides with a significant accumulation zone highlighted in green. The support level at $0.08200 is also notable as it has acted as a base for previous price rebounds.
Future Projections:
~ If the price can sustain above the strong support zone around $0.07509 - $0.08200, we may see a potential recovery towards the 50-day moving average at $0.10131.
~ A break above the descending trend line and the 50-day moving average could signal a trend reversal, with potential upside targets around $0.13500 and $0.18319.
~ Conversely, failure to hold the support at $0.07509 could lead to further downside, with the next support level around $0.06600.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
ROSEUSDT Primed for Major Bullish Surge:75% Upside Potential!The ROSEUSDT trading pair is showing strong signs of an impending bullish wave, presenting a compelling buying opportunity for traders. With technical indicators aligning, there is a potential target upside of 75%. As always, it’s crucial to implement a stop-loss strategy to manage risks effectively.
ROSEUSDT (1D Chart) Technical analysis
ROSEUSDT (1D Chart) Currently trading at $0.105
Buy level: Above $0.104
Stop loss: Below $0.89
TP1: $0.115
TP2: $0.135
TP3: $0.155
TP4: $0.185
Max Leverage 3x
Always keep Stop loss
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ROSE Weekly Re-Accumulation / Macro EW ProjectionsROSE has a perfect looking daily re-accumulation going on here.
I have a macro Wave 5 target all the way up at $0.53 and beyond. Ideal entries & targets are highlighted in yellow, however I already took an entry lower. We may not see those levels for entry again.
This coin is currently trending on Twitter, and stayed strong during the big market dip. Once the market starts bouncing back, this will bounce back twice as hard.
Ideal Entries $0.1106, $0.10500, $0.08745
Long Term Wave 5 Targets $0.24293, $0.27873, $0.356, $0.53344 (and beyond)
#ROSE/USDT#ROSE
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $0.850.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 0.100
The first target is 0.1170
The second target is 0.1275
The third goal is 0.1400
ROSE/USDT Secondary trend. Wedge in the horizontal channel.10 23Secondary trend, horizontal channel zone. Declines from the pumping maximum -93.96%
Local work with wedge breakout and channel range. In case of a negative scenario in the market - work from the capitulation zone. Allocate the position in advance. Percentages from this zone did not show, but take it into account in your risk management.
Line chart.
Main trend , to understand this zone for work.
About mani management in working now on similar medium and low liquidity cryptocurrencies, read the description of this trading idea:
RLC/USDT Secondary trend. Decline -63% Wedge. 10 2023
ROSEUSDT.1DIn reviewing the ROSE/USDT daily chart, I observe that the price has been attempting to recover after a significant drop. It recently bounced off the support level marked S1 and is now challenging the R1 resistance level. The trading volume appears to be steady, indicating sustained interest in this price zone.
The Moving Average Convergence Divergence (MACD) suggests a bullish momentum as the MACD line is above the signal line, which could be indicative of a continuation of the current upward trend if sustained. The Relative Strength Index (RSI) is currently at about 60, approaching overbought territory but still offering room for potential price increases before the market would typically consider it overextended.
From a strategic perspective, if the price successfully breaches the R1 level at 0.13625, it may open the path towards R2 at 0.15338. Should it fail to sustain this break, a retest of the S1 level could occur. Given the current indicators and price action, my inclination is to watch for a sustained break above R1 with potential profit targets near R2, while keeping a cautious eye on the RSI for signs of overbought conditions that could precede a retracement.
ROSEUSDT.1DLooking at the daily chart of ROSE/USDT, we can observe several technical elements that suggest potential future price movements.
Resistance Levels: The chart identifies three significant resistance levels at R1 ($0.13625), R2 ($0.15388), and R3 ($0.18590). These are the points where selling pressure has previously overcome buying momentum, leading to a price reversal.
Support Levels: Two key support levels are indicated as S1 ($0.08506) and S2 ($0.06005). These levels have historically provided a price floor, where buying interest has been strong enough to prevent further declines.
Price Trends: The price trend has shown a decline from the previous highs, followed by a period of consolidation. This consolidation phase is depicted with a predicted potential short-term bullish movement (as indicated by the green arrow), suggesting an anticipated retest of the R1 resistance level.
Trading Strategy:
Bullish Scenario: If the price breaks above the current consolidation phase and surpasses R1, there might be an opportunity to trade towards R2. Traders would consider buying on a confirmed break above R1 with stop losses set below this level to mitigate risk.
Bearish Scenario: Should the price fail to break above R1 and instead moves downward, breaking below S1 could open a path to S2. This would be a signal for a potential short trade or exiting long positions to minimize losses.
Volume and Volatility: While not explicitly shown on the chart, volume and volatility are important to watch. An increase in volume during a price breakout above resistance or below support can validate the move, suggesting a stronger momentum.
Conclusion: Current indicators suggest a cautious approach, watching for either a breakout above the consolidation to target R1 and potentially R2, or a breakdown below current levels towards S1. Setting appropriate stop losses and considering the broader market context will be crucial for trading decisions. Traders should remain adaptable to changes and keep an eye on volume as an additional confirmation for any moves.
ROSE/USDT showing sign of strong bullish move? 💎 Ladies and Gentlemen of ParadiseClub! Keep your eyes on #ROSEUSDT as it shows promising signs of a bullish continuation from the demand zone, following a breakout from descending resistance.
💎 A closer look reveals that the Bollinger Bands are tightening, typically a precursor to a significant upward movement. Currently, the price of #ROSE suggests an increased likelihood of a bullish trajectory from the demand zone at $0.08980. Should it maintain this momentum above the EMA 100, we could see a strong bullish push towards the next supply area.
💎 The ascent is likely to begin once the price successfully overcomes the supply area and sustains its upward momentum. However, it's crucial to consider alternative scenarios: if BCBA:ROSE cannot break the descending resistance and begins to fall, a bullish recovery from the lower support zone at $0.08003 might occur. Nevertheless, a fall below this level could undermine the bullish scenario, potentially leading to further declines.
MyCryptoParadise
iFeel the success🌴
OASIS Rose Technical Analysis and Trade IdeaOn the daily timeframe, we observe a double bottom formation that has experienced a spike below into liquidity. This situation suggests the potential for a trend reversal. If this scenario unfolds, there's an opportunity to buy at a substantial discount and capitalize on an early entry before a bullish rally (assuming my analysis proves accurate). In the video, we delve into trend analysis, market structure, price action, and other critical aspects of technical analysis. I share my perspective on accumulating and entering this market, emphasizing the importance of prudent risk management. Remember, this content is purely educational and not financial advice. 📈🚀🔍