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ROSE / TetherUS

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ROSEUSDT trade ideas

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.
by hodlerzen
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
Long
by jamoooo
16
Get the EASIEST 40% TODAY!Because the entry point is so clear, I'll spare the fundamental details about Rose in this post. Take a look at the huge gap between support and resistance, this coin is going to reach Resistance again this weekend, without a shadow of doubt. - The support level hasn't officially been touched yet AND the resistance level has already been tested. For those unaware, the more times a S/R level is touched by wicks, the WEAKER it becomes, improving the likelihood of that barrier being broken. If you enjoy these brief entry breakdowns, or you love alt coins that smash 10-200x then drop a follow, I post every day and don't want my fellow traders to miss out :) Happy trading friends!
by MikeyFergus
17
OASIS ROSE - Bull Flag- Price Target $0.70$ROSE failed to break out of it's previous Cup & Handle pattern formation, and is now continuing to draw a bullish pennant / bull flag. It is currently trading at the lower end of the pennant, so breakout looks uncertain, but most likely it will continue to the end of the pennant before breaking up. Overall, $ROSE looks bullish. It is holding the 0.382 FIB level, as well as keeping its previous ATH of $0.36 as support. This may be an excellent long position as $ROSE is posed to hit the technical price target for the bull flag at $0.70. Currently $ROSE's toughest resistance is at $0.42 and will need a confirmed break before uptrend resumes, such as a daily candle close above this level or an increase in volume.
Long
by hodlerzen
1