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ROSE has been in a consolidation pattern for a few weeks but has a clear c-fork break out on the daily putting 0.28 as an easy target for the short term.
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We all want BTC to go to the moon but it is at resistance under a bearish c-fork. I've draw out likely targets for the draw down. If I'm wrong, great! Just don't go gambling on us headed straight up from here.
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BTC is sitting in a falling wedge and sell pressure is not helping, therefore I think we will see a dip into the high 30k region before breaking out in a week or two. Scenario A- We get rejected at resistance around 43600 and see a fast dip to 38k in the next 24 hours. Scenario B- We break resistance and pump a bit to 44300 before coming down around Friday.
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