First, let's take a look at the 
ROSEUSDT market trend.
Right now, we're chilling near its all-time low (ATL). The price has found great support in this zone multiple times, which has pushed it up towards the descending trendline that's acting as resistance.
We've got two resistance trendlines: the main one, and what I call a "micro" one. The price has to break this micro one before it can even think about tackling the main one, and we've already seen a few failed attempts.
So, we can either wait and see if this recent pump breaks that descending trendline or if it gets rejected and falls back to the support line I've drawn. If it drops, that's a good place to buy in. The other option is to enter a long position after a confirmed breakout of the descending line.
Either way, I'm expecting a major move to the upside in the next few weeks.
Please do your own research !
ROSEUSDT market trend.Right now, we're chilling near its all-time low (ATL). The price has found great support in this zone multiple times, which has pushed it up towards the descending trendline that's acting as resistance.
We've got two resistance trendlines: the main one, and what I call a "micro" one. The price has to break this micro one before it can even think about tackling the main one, and we've already seen a few failed attempts.
So, we can either wait and see if this recent pump breaks that descending trendline or if it gets rejected and falls back to the support line I've drawn. If it drops, that's a good place to buy in. The other option is to enter a long position after a confirmed breakout of the descending line.
Either way, I'm expecting a major move to the upside in the next few weeks.
Please do your own research !
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.