ROSE / TetherUS
Long

🔥 ROSE Bullish Channel: Reversal Likely

1 339
Recently I made an analysis on ROSE. I argued that ROSE was trading inside a bullish channel and that it was likely to follow this pattern in the near future.

🔥 ROSE Volatility: Bullish Times Ahead?


The first dynamic support in the previous analysis didn't hold, as the price broke right through it. Now, all eyes are on the channel's support at the bottom. This trend line goes on for much longer and is therefore a stronger support area.

In case we get a strong bullish candle in the coming few days, I'm expecting the reversal to kick in and ROSE to move towards the resistance area marked on the chart.

Happy trading!

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.