If we look at the Rose behavioral patterns, it looks like a sinusoidal wave in which the amplitude is increasing logarithmically. So, doing simple math, when the next sinusoidal wave starts it has to go up about 2000% 😵
What do you think?
What do you think?
Nota
something like this might happen
Nota
Uptrend wave has started
Nota
So ROSE has been oscillating in a triangular zone. Also, it seems an inverted Head and Shoulders pattern is forming; thus, reversal might be close. Let's see if ROSE can break the Head and Shoulders' neckline or not.
Nota
ROSE is progressing according to the analysis.
Nota
Just an update. ROSE is still continuing upward.
Nota
So, ROSE went up and reached the major horizontal resistance area. Then, correction started. This horizontal resistance area is somewhat wide and ROSE is going to struggle to pass through it, most probably. Let's see what happens.
Nota
So, Rose's correction is almost finished. A harmonic pattern is formed, and the right leg is unfolding in a descending channel. Let's see when ROSE breaks this channel upward.
Nota
VIP Telegram channel: t.me/saeedcrypto_publicTrade ativo
So, ROSE broke the descending channel, and is going up. Let's see if ROSE can break through the major horizontal resistance area.
Nota
So, ROSE analysis got a major update/change. It seems ROSE is moving in a big inverted wedge pattern. If true, ROSE could visit the upper line or the major horizontal resistance area above. Let's see what happens.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.