Oasis ROSE , ROSE/USDT , Short - Some pain aheadBest may be behind us with Rose. Green trend line serves as an average rate of upward trajectory, and the price may want to touch, or go below that before another upward swing. RSI not following the price, neither is the volume. Also, beware of the ay coin unlock.. Best of luck!
ROSEUSDT.PS trade ideas
ROSE outlookOasis Protocol a Layer 1 that is becoming popular by the day is shaping up to deliver returns. We brought this coin to our members radar at .22 cents and continue to suggest it as a long term hold.
currently pausing after hitting the 1.618 fib line and breaking out of a channel it was held in for over 400 days. chartist believes integration of this coin into the blockchain ecosystem looks bullish.
A dollar soon to come for sure!
#ROSEUSDT,ROSE might surge to reach new ATH or not!!!As BTC didn't show enough strength to break resistance level and range at 43k, liquidity inject to some ALTs with high demand from institution and other investor.
One of the them is ROSE which began a rally to submit new ATHs.
there are 2 possible scenarios for ROSE, if the head and shoulder pattern complete, price might face a big correction .
in the other hand, Rose need to first, accumulate then continue it's surging above the previous ATH.
please share your idea in the comment
thanks for your patient.
UPDATE: ROSE UP 65% after 4h bull signal - Scalper Analysis 🚀Please Like or Follow if you enjoyed this content.
UPDATE: The price jumped 65% after bull signal. ROSE broke resistance at 0.45. Now aiming for 0.64 USDT. Break it and pump to 0.85 USDT is next stop. Price is above Ichimoku cloud and RSI is bullish as well.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. Currently ROSE is in an uptrend. Remember you don't need to buy the bottom. You just need to ride a big part of the uptrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.