Oasis ROSE has broken out of a Rising Wedge on the larger TFs, but is currently finding support at the 200 Daily SMA and the 0.618 Fib level.
ROSE has failed multiple retests of resistance and things are looking precarious. Fortunately there is a lot of support below between the previous ATH and 0.786 Fib level.
ROSE has also failed a retest in the RSI, which had a Descending Triangle. Overall looking bearish.
The technical price target for the Rising Wedge breakdown is about $0.10, but I would expect a bounce at the $0.15 to $0.17 area.
ROSE has failed multiple retests of resistance and things are looking precarious. Fortunately there is a lot of support below between the previous ATH and 0.786 Fib level.
ROSE has also failed a retest in the RSI, which had a Descending Triangle. Overall looking bearish.
The technical price target for the Rising Wedge breakdown is about $0.10, but I would expect a bounce at the $0.15 to $0.17 area.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
