rose run short?Will the rose fall?
My idea is easy to understand and can be easily rejected.
So let's put this perspective aside by limiting the market with painting and a few lines.
The market does not respect our lines.
The market is going through its process, and it is we who have to deal with the market trend.
I have always told my friends and now we tell you one of the most important rules of the market (trade with trend).
After reacting and reacting to the price range, try to enter the market and follow the trend.
ROSEUSDT.PS trade ideas
ROSE Happening>>>Hello EveryOne
One Of The Best Project In The Market By Good Plan's
Rose After The Correction Played New Rally But It Have A Strong Resistance AS I Marked In The Chart
But For Now It Continues to the Same Channel that I Have Drawn
SL:0.30
TP1:0.41
TP2:0.43
You Could Look In The Chart And SET TP On Below Resistance's
Best Buy For Long-Term 0.24/0.27
With Good Hopping>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
ROSEUSDT is testing the lower trendlineThe price had a bearish impulse from the upper trendline (head and shoulders)
The price is testing the lower trendline of the ascending channel and the price is creating a channel above it.
How to Approach?
If the price is going to have a breakout from the channel and retest it as new support, we could see a pullback until the 0.5 Fibonacci level (0.44$)
It's not enough to have a breakout, you need a strategy to satisfy before opening a new position. 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.
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Follow the Shrimp 🦐
🔥 ROSE Short-Term Bullish ChannelOver the last week, ROSE has been trading inside a minor bullish channel. At the moment, ROSE is well underway to bounce from the lower support of the channel. This could indicate a new bullish move towards the top of the channel.
This short-term bullish picture aligns well with my longer-term bullish view on ROSE, see below.
Be aware that this chart pattern implies relative stability of Bitcoin and the stock markets. ROSE will follow BTC when the latter will dump. Always keep an eye on the overall market.
Happy trading!