ROSE bounced nicely off the upward sloping trendline at about $0.24, and made a gradual healthy climb up to $0.45, where it has met resistance at the previous ATH. Currently ROSE is beginning to form a bullish ascending triangle and possibly gearing up for its next move up.
If ROSE can break up from the triangle, it will meet critical resistance at the top of the large channel at about $0.50. If it can clear the channel, the technical price target for the bull flag would be about $0.65.
However, if ROSE breaks down from here, the next level of support would be $0.36, which was a previous ATH and the 0.236 Fibonacci level. Since the RSI on all timeframes has plenty of room overhead, I don't expect to see any significant downside, barring a large drop in BTC.
If ROSE can break up from the triangle, it will meet critical resistance at the top of the large channel at about $0.50. If it can clear the channel, the technical price target for the bull flag would be about $0.65.
However, if ROSE breaks down from here, the next level of support would be $0.36, which was a previous ATH and the 0.236 Fibonacci level. Since the RSI on all timeframes has plenty of room overhead, I don't expect to see any significant downside, barring a large drop in BTC.
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3d art director and crypto hodler
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。