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$ROSE Another one of those coins which tapped its bear market lows. Good bounce so far after sweeping a lot of liquidity but need to see a market structure shift here on the lower timeframes. One upside of a sharp decline is that the road back up is generally easier as well.…
$ROSE Still sitting at this massive horizontal support area after sweeping the local lows. Looking for a move back above the Daily 200MA/EMA for the bulls to be back in control.
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$ROSE Just consolidating on top of the big horizontal support/resistance area and the Daily 200MA/EMA. The longer it sits here, the larger the following move will be. Support is support until it isn't. I do want to see some action from here.
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$ROSE Want to see this being held at this horizontal area which has confluence wiith the Daily 200MA/EMA. We've seen a strong move from this level previously, so let's see if it can do it again as it trades within this range.
$ROSE Moving strongly the past few days and seeing some solid updates being announced. Just needs to clear this local resistance and I think we go to $0.185 next.
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$ROSE Moving higher after the breakout from the Daily 200MA/EMA and the green horizontal region. Looks good for higher as long as $BTC shows supportive price action.
$ROSE Flipped the local support/resistance area and is trading above the high volume region. Above here it's pretty thin until ~$0.12 which is a good first target to look for I think. I did invest in this as a longer term spot hold. Think it has some catching up to do.
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#ROSE | Volume spike (USDT PAIR) 101 times the average volume 104.93K USDT traded in 1 min └Buying vol: 90.57K USDT 🟢 Boost score: 7/10 24h Vol: 1.49M USDT (#Binance) Price: 0.05563 (+2.2% in 24h) $ROSE #BTC
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