ROSEUSDT.PS trade ideas
ROSEUSDT needs volume?The price is testing the upper trendline of the ascending channel after a clear breakout from the daily resistance.
How to approach it?
IF the price is going to retest the lower trendline, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ROSEUSDT time to create the Breakout?The price had a big bullish impulse after Facebook's news, and now the price comes back into the demand zone. the price is creating a descending channel below the daily resistance
How to approach it?
IF the price is going to have a breakout and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
🟢 ROSEUSDT - 1D (17.09.2022)ROSEUSDT
TF: 1D
Side: Long
Pattern: 78.6% Fib Retracement
Entry: Between $0.05614 and $0.06149
SL: $0.05614
TP 1: $0.07025
TP 2: $0.07898
TP 3: $0.08604
TP 4: $0.10314
ROSE is on the brink of breakout. Can enter now and be willing to DCA or wait for breakout and retest then enter if successful.
RSI and MACD look ready to go.