Yello Paradisers! Is ROSE preparing for its next major expansion after completing one of the most important stages of its Wyckoff accumulation?
💎#ROSEUSDT is showing a strong Wyckoff accumulation structure on the daily timeframe. After the Spring/Shakeout around $0.0050, price recovered, broke the long-term descending trendline, formed a higher low, and delivered a bullish Break of Structure.
💎The latest impulsive move toward $0.0073 can be interpreted as a potential Sign of Strength. However, instead of chasing the move, we are watching for a healthy pullback toward the $0.0061–$0.0065 demand zone, where a potential LPS/BUS could develop.
💎A deeper retracement toward $0.0055–$0.0059 would still keep the broader bullish structure intact. As long as these demand zones hold, ROSE can continue building toward the $0.0097 minor resistance.
💎A confirmed breakout above $0.0097 would strengthen the accumulation thesis considerably and could open the path toward the major $0.0133–$0.0140 resistance zone.
💎 On the other hand, losing the $0.0050 support structure, particularly with sustained acceptance below approximately $0.0047, would invalidate the bullish scenario shown on the chart.
Stay patient and disciplined, Paradisers. Strive for consistency, not quick profits.
MyCryptoParadise
iFeel the success🌴
💎#ROSEUSDT is showing a strong Wyckoff accumulation structure on the daily timeframe. After the Spring/Shakeout around $0.0050, price recovered, broke the long-term descending trendline, formed a higher low, and delivered a bullish Break of Structure.
💎The latest impulsive move toward $0.0073 can be interpreted as a potential Sign of Strength. However, instead of chasing the move, we are watching for a healthy pullback toward the $0.0061–$0.0065 demand zone, where a potential LPS/BUS could develop.
💎A deeper retracement toward $0.0055–$0.0059 would still keep the broader bullish structure intact. As long as these demand zones hold, ROSE can continue building toward the $0.0097 minor resistance.
💎A confirmed breakout above $0.0097 would strengthen the accumulation thesis considerably and could open the path toward the major $0.0133–$0.0140 resistance zone.
💎 On the other hand, losing the $0.0050 support structure, particularly with sustained acceptance below approximately $0.0047, would invalidate the bullish scenario shown on the chart.
Stay patient and disciplined, Paradisers. Strive for consistency, not quick profits.
MyCryptoParadise
iFeel the success🌴
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.