ROSE targets above Rose/Usdt #ROSE #roseusdt

Here we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib lines . That's our fibonacci lines . These are often an area that gets revisited on any altcoin chart . And for ROSE tether pair we can see to the right hand side of the chart there are some dotted lines and those are next to the probable target price areas . First target is the .618 fib near 38 cents . If other altcoins are running up to these levels then we can expect to probably see Rose go up there too . Next target is the .65 fib near 40 cents - this .65 fib is called "The Golden Fib " and could definitely be a top target . The last target for now and possible top could be the .706 fib near 43 cents - this .706 fib is often thought of as a reversal area as well . So if our possible alt run continues then we could look for these targets . At this point most people think Bitcoin bottom was in back in November and that the market is going back up - at least for awhile . Let's see .

Comment:

Whole market has pulled back after Powell's hawkish comments . Rose has now broken below the 3day middle line of the Bollinger band . Unfortunately downside target could be 4 cents or even lower but let's see . I think after these pullbacks in March we will eventually reset and have more upside but it's certainly taking longer than we wanted . Never get complacent in this market . It isn't easy . You have to be flexible and be prepared yo change your bias .

Comment:

Whole market now in Bull mode and Rose has gone up . Target above us is still at or near that dark blue 200 MA line above us on 3 day chart near 14 cents or close to it . I think when we get there it will probably cool off for a bit .