BCBA:ROSE Bearish Divergence Alert
1⃣ Bearish Divergence Forming in Weekly Chart
2⃣ Targets: $0.1/$0.06 with SL = $0.1851 (RR = 1:5 )
3⃣ Market is highly Volatile so Dont try with High leverage
4⃣ Big Dump will be the best Long Term Accumulation strategy
5⃣ Long-Term Bullish Target = $1
BCBA:ROSE Potential $0.5 & $1 in Bull Run
Best Accumulation zone: $0.08-$0.110
Targets: $0.22/$0.3/$0.41/$0.52/$1
Wait for good Entry and Accumulate at every big dip.
#ROSE #Cryptocurrency
Among the Layer-2 and ZK coins this one coin $ROSE from Layer-1 caught my attention.
It successfully formed Cup & Handle formation which indicates a bullish trend, also volume is just increasing.
It will face a small local resistance and if the market condition is good we may soon reach the profit target.
Entry, Exit and SL clearly marked in the picture.
Not a financial advice.
RSI and MACD are not catching up with price action.
Volume is also decreasing.
A potential short opportunity is there but first let it break and retest the lower wedge trend line.
ROSE is the token of the Oasis Network Platform and is used for transaction fees, staking, and delegation. According to DefiLlama, total value locked ( TVL ) has increased by approx. $2m in 2023 and currently stands at $22.06m.
Technical Analysis
Price of ROSE has increased by 92% in 2023. In the daily timeframe , the token broke its resistance on 21st Jan 2023...
rose usdt 15 min chat detailed here pleas follow the right time and right place ( when ever start side waves or side by side candle please exit trade )
rose usdt 15 min chat detailed here pleas follow the right time and right place ( when ever start side waves or side by side candle please exit trade )
rose usdt 15 min chat detailed here pleas follow the right time and right place ( when ever start side waves or side by side candle please exit trade )
