🔥 ROSE Breaking Out?Recently I made a short-term analysis on ROSE, which has played out well. Today I want to take a look at a longer-term pattern in which ROSE has been trading.
Over the last few months, ROSE has been trading bearish alongside a very distinct bearish trend line. Earlier today, ROSE rejected from the trend line and lost a couple of percent. However, there's still a decent chance that ROSE will break out through this resistance in the coming days, assuming BTC will remain neutral at least.
In case of further bad news, expect ROSE to fall further yet again. The lower bound of the falling wedge pattern will offer support in this case.
Happy trading!
ROSEUSDT trade ideas
inverse HnSConfirmed H4 breakout of inverse HnS. TP would be right at 200EMA and just above nPOC at .287. Volume supporting breakout.
SL below neckline.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
ROSE potential head & ShouldersRose is forming a potentia lhead & Shoulders pattern on the 4H timeframe which will be tradable only after a breakout of the neckline.
The potential price targets and reversal zones are visible on the chart.
Be careful with your position sizing in this FUD market now, recommended to open small positions here because of the Manipulation and the Panic that is going on because of the Russian - Ukrain conflict.
🔥 ROSE Inverse Head & ShouldersOver the course of the last week or so, ROSE has formed an inverted head & shoulders pattern. Classically, this pattern is a bullish pattern. However, seeing the tensions in the overall market, there's a decent probability for this pattern to not play out bullish. In case of more downside pressure, expect the $0.215 area to offer strong support.
I'd advice to wait for a daily close above $0.24 before entering this trade.
Happy trading!
ROSE/USDT TRADE SETUP! BROKE OUT!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ROSE/USDT trade setup. Rose looks good here. Breaking out from the bullish broadening wedge and currently retesting it. Also, there is a 21ma support. So buy now and add more in dips.
Entry range:- $0.21-$0.22
Target1:- $0.232
Target2:- $0.244
Target3:- $0.252
Target4:- $0.264
SL:- $0.2
If you ant you can use leverage 4x-6x
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Also, share your views in the comment section.
Thank You!
OASIS NETWORK (ROSE) DIP BUYING - LONG TREND POSITIVEHello trading friends,
We have seen last time a breakdown trend on most of the coins - as the main coin BTC did break down.
Long term Rose is still an interesting coin - also for the dollar cost average.
It's the coin that did get 200M invested from Binance - and this is all not for noting - to build the new area of web3.
Depending on the choice of trend coin and the price action at this moment - we could see a great move on this coin when markets come back into trend.
This is not a trading call - it's a view from TA trends that shows that the oasis network has an interesting trend, even with this breakdown trend. also depending on the monthly cycle ROSE is into the important trend.
Have a great day.
OASIS NETWORK (ROSE) Are into important monthly cycle price Hello trading friends,
Rose is an important coin for long-term targets. and exactly at this point, it shows that it's on the monthly cycle price action area, which means there is a high chance that we could see price action on this coin to uptrend since the recovery.
These coins are for spot interesting and for the dollar cost average.
@ Depending on the cycle trend action, we could see soon a whale entry trends on this coin to the right level what could bring this coin at last to the price action of 0,40+
Manage your risk well and have a great time - know that some time coin increases take time.
This coin is for the long term - and with time we expect to see interesting trends.
Have a great day.
Rose downtrend is confirmed: Rose downtrend is confirmed:
1- break down the bearish wedge pattern
2- break down the support line and pull back
3- Bearish crossover of brick indicator
4- Bearish crossover of MA 20 and MA 40
All of these indicate a confirmed downtrend. I expect the downtrend to continue in the future
Oasis ROSE - Rising Wedge - $0.20 next??Oasis ROSE has broken out of a Rising Wedge on the larger TFs, but is currently finding support at the 200 Daily SMA and the 0.618 Fib level.
ROSE has failed multiple retests of resistance and things are looking precarious. Fortunately there is a lot of support below between the previous ATH and 0.786 Fib level.
ROSE has also failed a retest in the RSI, which had a Descending Triangle. Overall looking bearish.
The technical price target for the Rising Wedge breakdown is about $0.10, but I would expect a bounce at the $0.15 to $0.17 area.