TheNewsCrypto

ROSE "Ascending Scallop"

Long
BINANCE:ROSEUSDT   ROSE / TetherUS
An ascending scallop pattern is a bullish continuation pattern that appears near the top of an uptrend. It's characterized by a rising price trend, followed by a short-term retracement, and then another rise to form a higher peak. This creates a scallop shape on a stock chart.

Currently the price of Rose is trading in the range of 0.08373, If pattern continues it might reach to the next resistance level $ 0.09670 , If trend breaks below support level it may fall till $ 0.07522

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