Oasis Network Analysis -ROSE/USDT Update ๐๐
HEY traders, what's going on today ?!
Since 19 Mar2022, when I posted the ' Oasis Network ' analysis It has lost more than 80% of it worth til now, where that I Also , Exactly told you guys ( because 14EMA ,already crossed under the 20EMA which is a bearish sign ,thus there is still the possibility of further fall to lower support ) ,
but to be honest I didn't expect to breakout the it upward channel and has a kind of massive drop like this . (more than 80%๐ฐ (1x)long).
So today I'm gonna have another analysis for rose/usdt on the weekly timeframe , as you can see , it already trading in the pivot zone , and although it can continue it current downtrend and drop on the lower support , but if be able to maintain itself it can retest the higher (R) zone then may drop again ,but if it be able to overcome this zone and breakout the descending trend line ,so in the mid-term it can even see the higher red resistance zone in this case .
but otherwise fall more to lower support lvls ,
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
Since 19 Mar2022, when I posted the ' Oasis Network ' analysis It has lost more than 80% of it worth til now, where that I Also , Exactly told you guys ( because 14EMA ,already crossed under the 20EMA which is a bearish sign ,thus there is still the possibility of further fall to lower support ) ,
but to be honest I didn't expect to breakout the it upward channel and has a kind of massive drop like this . (more than 80%๐ฐ (1x)long).
So today I'm gonna have another analysis for rose/usdt on the weekly timeframe , as you can see , it already trading in the pivot zone , and although it can continue it current downtrend and drop on the lower support , but if be able to maintain itself it can retest the higher (R) zone then may drop again ,but if it be able to overcome this zone and breakout the descending trend line ,so in the mid-term it can even see the higher red resistance zone in this case .
but otherwise fall more to lower support lvls ,
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
