ROSEUSDT had a breakout from the bullflagA bull flag is a technical pattern in the financial markets that forms after a strong bullish move and signals a potential continuation of the uptrend. It is characterized by a narrow price consolidation period following the initial move, with relatively parallel trend lines acting as support and resistance.
In the case of ROSEUSDT, the recent breakout from the bull flag suggests that the market is continuing its bullish momentum. Currently, the price is inside a descending channel within a larger ascending channel. We are looking for a breakout from the static resistance level at 0.058 to confirm the uptrend and continue to hold a bullish outlook. If the price satisfies the trading rules, the target for the price could be 0.063$, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
ROSEUSDT trade ideas
ROSE is ready to break outROSE prices are right below the longterm trendline. Trading volume has continuously increased. Indeed, volume indicators like MFI and OBV have already broken out. This is a good sign of a imminent breakout.
Along with the rise of BTC and metaverse coins, ROSE would follow. If breakout happen, ROSE would reach level of the last november 2022 (50% rise) as some coins did.
ROSEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ROSEUSDT
There is R2 as a resistance area which represents the unsuccessful triumphs of the price to rise at several points. R1 used to be a long-term support area. S2 used to be a resistance area. And another area of the chart is S1 that is a support line and shows the support of price at different points. Presently, we observe the fluctuation of price below R1 after its falling trend to this point and our expectation would include a rise or a fall via some confirmation candles to receive. So by having some rising signs, there would be an increase predicted for the price to reach R2 or even higher than that. But if the price loses the support and falls toward S2; by a pull back to S1 line, more decline would happen to it downward. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our updates and analyses.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ROSEUDT: Avoid Buying ❌The main support is luring a HUGE amount of buyers into the market. They feel safe that this is the reversal point because historically it has good structure, I beg to differ.
The last few months have shown us that every bull attempt has gotten absorbed, what makes it different this time?
Since price was delivered to the support with compression, I believe we haven't seen the true liquidity grab yet.
Price will lure as many buyers as it can before collapsing beneath the support.
THEN we may see some relief and a good opportunity to buy, until then sit on your hands and don't jump in here because of buy FOMO.
Rose Support Levels on Daily and Weeklyrose is supported from the Support Area in Weekly and I expect in the next round support work as well in you want to long on Rose just wait to arrive at support areas and in there you can make good buy setups..
consider this is just my analyzes and not buy or sell advice...