🔥 ROSE Potential Reversal Soon: Macro Trend
ROSE has been one of the winners of the last week, seeing almost 75% gains in just a couple of gains. However, bears are looming for a reversal.
Over the course of almost a year, ROSE has been trading inside a well-defined ascending wedge. Every time the price has hit this pattern's top resistance, a strong bear move followed.
Bears are waiting for a rejection of the resistance to hop in and drive the price down. In case you're looking for a bearish entry, wait for further BTC weakness. In case you're in a long swing-trade, consider taking partial profits.
Happy trading!
Over the course of almost a year, ROSE has been trading inside a well-defined ascending wedge. Every time the price has hit this pattern's top resistance, a strong bear move followed.
Bears are waiting for a rejection of the resistance to hop in and drive the price down. In case you're looking for a bearish entry, wait for further BTC weakness. In case you're in a long swing-trade, consider taking partial profits.
Happy trading!
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.