Since earlier this summer, ROSE has been trading in this ascending wedge pattern. In my last ROSE analysis, ROSE was trading at the top of the pattern, which ended up in a bearish move.
During the dump, ROSE failed to break through the support of the wedge, which could indicate a reversal in the short term. I'm waiting for a strong green candle to mark the bottom, ideally a BTC above 50k as well. Be aware that a bearish break out could lead to term bear trend for ROSE.
Target would be the top resistance of the wedge.
Happy trading!
During the dump, ROSE failed to break through the support of the wedge, which could indicate a reversal in the short term. I'm waiting for a strong green candle to mark the bottom, ideally a BTC above 50k as well. Be aware that a bearish break out could lead to term bear trend for ROSE.
Target would be the top resistance of the wedge.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.